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News on Medial
Creating a cybersecurity training curriculum for SMBs and MSPs
Techradar
ยท
1y ago
Medial
The primary cause of successful cloud breaches is human error, with 74% of all breaches involving a human element, according to a global cloud security study. However, businesses are improving their security posture by investing in employee training programs. Short, frequent and relevant training sessions are more effective in addressing the evolving cybersecurity threats. Administrators also play a role in maintaining a sustainable training program by minimizing administrative overhead. Additionally, the article suggests using phishing simulations and microlearning together, making password management easier, reinforcing remote working best practices, emphasizing physical security, and increasing the frequency of training sessions.
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Israeli Cybersecurity Startup Guardz Raises $56 Million Series B to Support MSPs with AI-Driven MDR, Backed by Goldman Sachs | DeepNewz VC
Business Bytes
ยท
1m ago
Medial
Israeli cybersecurity startup Guardz has raised $56 million in a Series B funding round. This investment aims to enhance the company's offerings, specifically targeting Managed Service Providers (MSPs) with enterprise-grade cybersecurity solutions tailored for the small and medium-sized business (SMB) economy.
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The cybersecurity threat facing SMBS
Economic Times
ยท
11m ago
Medial
Cyberattacks against SMBs, particularly in India, surged in 2024, with over 559 million attacks globally between April and June. A survey of 1,400 IT professionals from SMBs found that 88% had encountered cybersecurity incidents in the past year, and 79% were worried about ransomware attacks. Alarmingly, 96% stated they would pay attackers if attacked.
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Netgear acquires Bengaluru-based cybersecurity startup Exium
Economic Times
ยท
2m ago
Medial
Netgear, a US-based networking solutions firm, acquired Bengaluru-based cybersecurity startup Exium to enhance services for managed service providers (MSPs) and small to medium enterprises (SMEs). Exium CEO Farooq Khan will join Netgear's leadership. This acquisition follows Netgear's purchase of VAAG Systems in Chennai, boosting their software development capabilities. Netgear plans to hire over 100 engineers and explore AI and cloud technologies for network automation, improving SME productivity and expanding its presence in India.
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Edtech startup ByteXL bags $5.9 million funding in round led by Kalaari Capital
Economic Times
ยท
1y ago
Medial
Edtech firm ByteXL has secured $5.9 million in funding, led by Kalaari Capital and the Michael and Susan Dell Foundation. The Hyderabad-based company plans to use the funds to expand its team, develop new products, introduce digital tools, and reach more colleges and universities across India. ByteXL partners with educational institutions and industry to integrate practical learning and curriculum for engineering students, offering training in software technologies such as programming, cybersecurity, and cloud technologies. The company has already partnered with over 26 colleges and trained over 100,000 students.
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Karnataka Innovation Technology Society partners Cisco for cybersecurity skills training
Economic Times
ยท
1y ago
Medial
Technology firm Cisco has partnered with Karnataka Innovation Technology Society (KITS) to train 40,000 individuals in cybersecurity skills and awareness. The collaboration aims to address the growing need for cyber talent to enhance defenses against an evolving threat landscape. The initiative will prioritize training women, with the goal of equipping individuals with the knowledge and skills to identify and respond to cyber threats. This partnership will also include a 'Train the Trainers' program to empower college faculties and promote cyber awareness among citizens. Additionally, Cisco will contribute to curriculum development and organize webinars and workshops for students.
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SoftwareOne India in pact with Microsoft launches solutions for small enterprises - The Economic Times
Economic Times
ยท
1m ago
Medial
SoftwareOne India, in partnership with Microsoft, launched 'SaMBIT,' a curated set of Microsoft solution bundles aimed at assisting small and medium businesses (SMBs) in India to boost productivity, enhance security, and confidently adopt AI. SaMBIT offers affordable, scalable, and business-aligned solutions, addressing communication and cybersecurity needs. This initiative reflects SoftwareOne's commitment to empowering Indian SMBs, bridging the technology access gap, and supporting their growth and innovation in the digital age.
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Coro, building cybersecurity for SMBs, locks down $100M at a $750M valuation
TechCrunch
ยท
1y ago
Medial
New York-based startup Coro, which offers cybersecurity tools tailored for small and medium-sized businesses (SMBs), has raised $100m in a Series D funding round, boosting its valuation to over $750m. The company plans to use the funds to expand internationally, starting with Europe, and to invest in research and development to enhance its artificial intelligence capabilities. Coro aims to address the growing threat to SMBs from cyber attacks, considering that the cost of a data breach is estimated to reach an average of $4.45m by 2023.
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Harry Banga-led Caravel acquires International Maritime Institute
VCCircle
ยท
4m ago
Medial
The Caravel Group, led by Harry Banga, has acquired the International Maritime Institute (IMI) in India, expanding into maritime training and education. This acquisition aims to enhance training for its 28,000 employees worldwide, particularly those at Fleet Management Ltd. Founded in 1991, IMI specializes in pre-sea training for cadets. Caravel plans to invest in the institute's curriculum and career programs. The Banga family also invests in various private companies and startups.
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Edtech giant Unacademy appoints Anurag Tiwari as its National Academic Director for Unacademy Centres
IndianStartupNews
ยท
1y ago
Medial
Unacademy appoints Anurag Tiwari as National Academic Director for Unacademy Centers. With over 20 years of experience, Tiwari will oversee academic initiatives, curriculum development, and teacher training for the offline learning centers. This move reflects Unacademy's focus on enhancing the quality of education delivery and expanding its presence in the offline education space.
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PiEST Systems: Tech education with a personal mission
Inshorts
ยท
3m ago
Medial
From a โน50,000 investment in her living room, Madhusmita Choudhury built PiEST Systems into a global leader in embedded systems training. With a 96โ99% placement rate, industry-aligned curriculum, and human-centric leadership, the institute has trained over 7,000 engineers and now eyes R&D expansion and #MakeInIndia innovation in FY25.
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