At a CES panel, CISA director Jen Easterly sounded the alarm on the current state of cybersecurity in the U.S. “We cannot accept that ten years from now it will be the same or worse than it is now,” she said. “All the critical infrastructure we rely on is underpinned by a technology base that was created in an insecure way.” As head of the Cybersecurity and Infrastructure Security Agency, Easterly is in a position to assess the coming damage, projected to be $8 trillion this year. Moderator Rajeev Chand, Wing Venture Capital partner led Easterly and CrowdStrike chief executive George Kurtz in a discussion on how to halt the increase of cyber-insecurity. Continue reading CES: As Risks Rise, Experts Reimagine Path to Cyber Safety

By the end of 2021, cybercrime will cost the world an estimated $6 trillion through 2021, a figure that will swell to $10.5 trillion by 2025, according to Cybersecurity Ventures. To deal with that threat, Google has created the Cybersecurity Action Team (GCAT) and the Work Safer security bundle to help protect organizations, small businesses, enterprises and public sector institutions against cyberattacks. At Google Cloud Next ’21, the company said the Google Cybersecurity Action Team will draw on expertise from across the company to help protect entities from data breaches and help meet new government compliance rules. Continue reading Google Action Team Is Ready for Its Cybersecurity Close-Up

The U.S. Cybersecurity and Infrastructure Security Agency (CISA), part of the Department of Homeland Security, debuted the Joint Cyber Defense Collaborative (JCDC), which will leverage the expertise of Big Tech companies including Amazon, Google and Microsoft. According to CISA director Jen Easterly, the initiative’s aim is first to combat ransomware and cyberattacks on cloud-computing providers and ultimately to improve defense planning and information sharing between the government and private sectors. Continue reading U.S. Cybersecurity Agency Enlists Amazon, Google, Microsoft

Digital security provider CrowdStrike, which recently helped the Democratic National Committee respond to its hacking, has raised $100 million in new capital, bringing its total fundraising to $256 million and value close to $1 billion. The Irvine, California-based tech company, founded by two former McAfee execs in 2011, provides SaaS endpoint protection, threat intelligence and incident response through its cloud-based Falcon platform. CrowdStrike now has more than 650 employees worldwide. The company’s subscriptions have grown 476 percent in the last year as cybersecurity becomes a growing concern. Continue reading Enterprise Security Provider CrowdStrike Raises $100 Million