Hackers access Bed Bath & Beyond customer data

Digital Commerce 360 | October 31, 2019

For a shopper who was impacted, she should ensure she doesn’t use the same password for her Bed Bath & Beyond account elsewhere. In fact, not reusing passwords is one way consumers can protect themselves from fraud, says Mike Lloyd, chief technology officer from cyber security firm RedSeal Inc.

“It’s important to realize that if you use the same password at your bank as you use for less important services like social media or video streaming, then a bad guy only has to break into whichever company has the weakest security, then steal your passwords and use them everywhere else you go,” Lloyd says.

What Do You Do When You Can’t Patch Your IoT Endpoints?

Dark Reading | October 29, 2019

Question: What do you do when you can’t patch your IoT endpoints?

Dr. Mike Lloyd, CTO of RedSeal: Internet of Things devices are great because they aren’t as complicated as phones, laptops, or servers. General-purpose computers cause headaches. Unfortunately for security, IoT devices are also a curse for the same reason – precisely because they aren’t flexible. The security toolchain and ecosystem we’ve built up assumes we can put stuff on network endpoints, but IoT “things” are different. Agents? Scanning? Patching? Antivirus? None of that works in the new world of IoT widgets. Worse, many of these devices are built en masse by companies focused on price point, with no intention of supporting patching.

7 Technology Books Every Entrepreneur Should Read

Forbes | October 8, 2019

Malware, ransomeware, phishing attacks, viruses…are just some of the cyberthreats facing society. And they are getting more destructive.

What to do? Well, Ray Rothrock–who is a venture capitalist and is on the board of Check Point Software–has some solid answers. In his book, he goes over key areas like assessing networks, identifying threats and how to spruce up defenses. He also stresses that security can never be 100% but there are still actions to take that will greatly increase the odds of avoiding a hack.

RedSeal Appoints Greg Straughn as Chief Financial Officer

SAN JOSE, Calif. — Oct. 8, 2019 — RedSeal today announced the appointment of Greg Straughn as its chief financial officer (CFO). Following Symphony Technology Group’s equity investment in RedSeal earlier this year, Straughn will help drive RedSeal’s rapid growth as organizations increasingly prioritize digital resilience as the objective for their cybersecurity strategy.

RedSeal’s cyber risk modeling and scoring platform is already trusted by hundreds of Global 2000 corporations, mission-critical government agencies, power grid companies and the world’s leading financial institutions. With Straughn at its financial helm, RedSeal will strengthen its position in the market, as well as expand and pursue new growth opportunities.

“This is an important and strategic hire for RedSeal, as Greg has a proven track record of helping companies drive growth,” said Ray Rothrock, chairman and CEO at RedSeal. “His wealth of knowledge and extensive experience will play a critical role as we expand our market presence and help more organizations become resilient in this era of increased cyber threats.”

While CFO of A10 Networks (NYSE: ATEN), a leader in application networking and security solutions, Straughn navigated the company through and beyond its $187 million IPO. His strategic financial and growth plans helped increase the company’s quarterly revenue by more than 260 percent, from approximately $18 million to $65 million over 5 years. Additionally, he held CFO positions at Kabira Technologies and AT&T/Pacific Bell Internet Services.

Straughn also served as a principal at Meridian Business Systems, a consulting firm at the intersection of finance and strategy, where he assisted large and small organizations in growth planning, business plan development, fundraising and IPO planning.

Having earned 11 new awards in the last nine months RedSeal is considered a force multiplier for every security product on the network. By ensuring that network fundamentals are correct, providing a network risk assessment, and evaluating compliance with regulations and policies, RedSeal gives organizations a holistic understanding of their networks. Its Digital Resilience Score measures a network’s resilience and the effectiveness of existing cybersecurity investments in protecting business operations and value.

Back to Basics: Why Asset Inventories are Key to Cyber Security

TAG Cyber | October 4, 2019

During a recent call, RedSeal’s Chief Product Officer, Kurt Van Etten, referenced an enterprise challenge that is too familiar. He shared with Ed Amoroso and me that maintaining and understanding one’s network asset inventory, both hardware and software, is the key to maintaining a strong cyber security program. It’s not sexy, and not what gets the most attention in media or at conferences, but companies must know what they have, where it is, and who has access.

DOE Sets Sights on Accelerating AI (and other) Technology Transfer

HPC Wire | October 3, 2019

All the panelists commented on workforce issues. There was general agreement that AI is developed most effectively in multi-discipline environments.

“The cyber industry is about a $126 billion [market]. There are 3,000 products out there. A typical large corporation probably like Exelon has 50 or 60 cyber products and only five or 10 people to operate it. Well, that number, it’s a crushing situation. And while you need engineers, for sure, you also need technicians. They don’t need all need a four-year degree, they need a piece of it,” said Rothrock.

RedSeal COO Julie Parrish Named to 2019 Stevie Award Winners

SC Magazine | October 3, 2019

RedSeal Chief Operating Officer Julie Parrish has been named to the 2019 Stevie Award Winners for Woman of the Year – Technology.

Since 2002 the Gold Stevie Award has been conferred for achievement in business to organizations and individuals in more than 60 nations. They were created to honor and generate public recognition of the achievements and positive contributions of organizations and working professionals worldwide.