Identity Management and Information Security News for the Week of July 19; RegScale, Pindrop, AppViewX, and More
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The editors at Solutions Review have curated this list of the most noteworthy identity management and information security news for the week of July 19. This curated list features identity management and information security vendors such as RegScale, Pindrop, AppViewX, and more.
Keeping tabs on all the most relevant identity management and information security news can be a time-consuming task. As a result, our editorial team aims to provide a summary of the top headlines from the last month, in this space. Solutions Review editors will curate vendor product news, mergers and acquisitions, venture capital funding, talent acquisition, and other noteworthy identity management and information security news items.
Identity Management and Information Security News for the Week of July 19
Nearly All AT&T Cell Customers’ Call and Text Records Exposed in a Massive Breach
The call and text message records from mid-to-late 2022 of tens of millions of AT&T cellphone customers and many non-AT&T customers were exposed in a massive data breach, the telecom company revealed last Friday. AT&T said the compromised data includes the telephone numbers of “nearly all” of its cellular customers and the customers of wireless providers that use its network between May 1, 2022, and October 31, 2022. The stolen logs also contain a record of every number AT&T customers called or texted – including customers of other wireless networks – the number of times they interacted, and the call duration.
RegScale Achieves FedRAMP High “In Process” Designation
RegScale, a Governance, Risk, Compliance (GRC) solutions provider, this week announced it has achieved the FedRAMP High with “In Process” designation for its Continuous Controls Monitoring (CCM) platform. “By leveraging our technology, we’ve achieved what was previously thought unattainable for a Series A startup like ours – FedRAMP authorization without the hefty price tag,” stated Travis Howerton, Co-Founder and CEO of RegScale. “Accomplishing an In-Process FedRAMP High designation exemplifies the power of continuous controls monitoring and positions us as a model for other cloud service providers aiming to expand into the U.S. Federal market. We’re proving that compliance can be efficient, faster, approachable, and cost-effective.”
Diraq, GlobalFoundries to Make Quantum Chips With Standard Tools
GlobalFoundries Inc. will produce a sample of startup Diraq Pty’s chip equipped with both quantum and classical processors this month, the latest attempt to make quantum computers practical in the real world. “Just as modern chipmaking allows millions of transistors to be crammed onto a regular chip, we can get millions of qubits on a quantum chip,” Dzurak said in an interview about the road ahead. “Quantum computing can be made much cheaper and more accessible than competing qubit technologies.”
Pindrop Secures $100M in Debt Financing
Pindrop, a voice authentication and security solutions provider, this week announced it has secured $100 million in debt financing from Hercules Capital, Inc. This significant funding will enable Pindrop to further develop its audio, voice, and AI technologies– enhancing its offerings for customers in the banking, finance, contact center, insurance, utilities, healthcare, retail, and other industries. “We’re pleased to secure this financing with Hercules Capital at such a pivotal moment for Pindrop,” said Pindrop Founder & CEO, Vijay Balasubramaniyan. “This funding will fuel our ongoing growth and innovation in voice and AI technologies. As cyber threats continue to evolve, our mission to stay ahead of fraudsters and protect our customers is more critical than ever. We’re excited about the future as we remain committed to driving advancements that safeguard major institutions and deliver unparalleled security in the digital age.”
Exabeam and LogRhythm Complete Merger and Announce New Company Details
In a strategic move “set to define the future of the cybersecurity landscape,” Exabeam and LogRhythm, both definitive leaders in cybersecurity solutions, this week announced the successful completion of their previously announced merger. Moving forward, the company will leverage the best of both organizations to create a “best-of-breed” cybersecurity vendor relentlessly focused on empowering security analysts, security engineers, and CISOs with the tools, intelligence, and guidance needed to safeguard their organizations against cyberthreats. The company will retain the Exabeam name and refresh the visual brand to represent the merging of two industry leaders and honor the legacy of the long-established LogRhythm brand. “We are on the brink of a revolutionary shift in cybersecurity. By merging cutting-edge, AI-driven technology from Exabeam with the unmatched data integrity of LogRhythm, we are setting a new, unparalleled standard for security operations,” said Christopher O’Malley, CEO of Exabeam. “Together, our combined expertise, innovation velocity, and vision will propel AI-driven cybersecurity solutions to new heights. Unlike the tech conglomerates that have left customers exposed in the critical battle against cyberattacks, our unwavering focus remains on empowering the true heroes of security. ”Good enough” is not enough in the mission-critical matter of security operations. Today, we are proud to deliver a best-of-breed SIEM and UEBA experience purposefully and tenaciously focused on customer success.”
Anime Figurine Maker Exposes North American Customer Names and Home Addresses
Good Smile Company, a Japanese hobby products maker best known for anime and gaming figurines, revealed a misconfigured Amazon web services (AWS) simple storage service (S3) bucket has exposed a whopping 1.2 million customer files. However, only a fraction of the exposed files, 156 CSV (comma-separated values) files, and 1058 XLSX files, contain sensitive information. According to the Cybernews research team, the exposed data hides the personally identifiable information (PII) of over 270,000 Good Smile Company customers. No comment from the Good Smile Company has been made at this time.
Westcon-Comstor Announces AppViewX Partnership, With Quantum Security Growth on Their Mind
Westcon-Comstor, a global technology provider and specialist distributor, today announced the addition of AppViewX, a leader in automated certificate lifecycle management (CLM) and PKI solutions, to its vendor portfolio. With the quantum security market forecast to be worth US $9.8 billion by 2030, the partnership with AppViewX provides Westcon-Comstor’s partners and their customers with the “crypto-agility to ensure security and compliance via certificate lifecycle management automation and Public Key Infrastructure-as-a-Service (PKIaaS).” Based in the US, AppViewX partners with existing Westcon vendor F5 as a member of F5’s Technology Alliance Programme (TAP). F5 and AppViewX jointly promote enterprise application security and delivery solutions focused on managing applications and ensuring cybersecurity across on-premises, cloud, and edge locations.
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Saviynt Chief Trust Officer Comments on AT&T Breach
“The bulk of the records breached in this incident include metadata about calls made in 2022 and no highly sensitive customer data. This information is commonly used by direct marketing organizations to improve targeting and the potential of digital consumer annoyance.
Though it did not include customer credential information, it is another example of the need for enterprises to invest in redesigning third-party governance models specific to credential management.”
-Jim Routh, Chief Trust Officer at Saviynt