The acquisition strengthens Telenor Cyberdefence’s position as a leading provider of cybersecurity solutions to private and public businesses in Norway, with the ambition to expand across the Nordics. The purchase price is confidential between the parties.

“When we announced Telenor Cyberdefence, we stated that we have big ambitions. This acquisition demonstrates that, and we have more in the pipeline,” says Dan Ouchterlony, Head of Telenor Amp.

Telenor Cyberdefence is part of the Telenor Amp portfolio, which consists of 15 wholly or partially owned companies with a combined value of 10-12 billion NOK.

A Perfect Match
Combitech AS is the Norwegian business of the Swedish security company Combitech AB, which in turn is owned by the defence and security group Saab. Combitech AS has offices in Oslo and just over 20 employees.

“We are pleased to welcome Combitech AS to Telenor Cyberdefence. This transaction is a significant step forward for us and provides the opportunity to offer our customers a broader portfolio of cybersecurity solutions,” says Thomas Kronen, CEO of Telenor Cyberdefence, adding:

“Combitech AS has a strong security environment with solid expertise and long traditions, and with its strategy, service portfolio and customer base, it is a perfect match for Telenor Cyberdefence. Through this acquisition, we add valuable expertise in addition to expanding our current customer base, which gives us a solid foundation to look at further investment.”

Combitech AS provides services in security consulting, penetration testing (authorized simulated cyberattack) and cloud-based monitoring and response. The company’s experienced security experts will contribute valuable knowledge and expertise to Telenor Cyberdefence and work closely with Telenor Norway’s business division.

“Through the merger with Telenor Cyberdefence, we get the opportunity to become part of one of Norway’s leading security environments and contribute to building a strong position in the market. The threat landscape is constantly changing, and we are convinced that together we will be able to offer our customers even better security services and support,” says Anders Thulin Røkke, CEO of Combitech AS.

Thulin Røkke will become Chief Operating Officer (COO) of Telenor Cyberdefence.

Building Up Speed
The acquisition of Combitech AS is one of several strategic initiatives from Telenor to strengthen its security position in the Nordic market. Telenor Cyberdefence was established less than a month ago, and the company is in the process of recruiting.

“We have ambitions to become a leading partner for cybersecurity solutions in the business market in the Nordics. The acquisition of Combitech AS is an important step to achieve this goal,” says Dan Ouchterlony.

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“Privacy and security are our highest priority, no matter where users are, and what devices they are using. We want to increase our contribution to building a better internet by enabling our customers to easily set up VPN services on their routers to protect a full network of their devices. The partnership with ASUS allows us to enhance the security of everyone – from traveling customers who use portable networking devices to video games enthusiasts,” says Vykintas Maknickas, head of Product Strategy at NordVPN.

“ASUS is dedicated to providing users with a safer and more diverse internet experience. We are delighted to collaborate with NordVPN to integrate the VPN service into our networking products. The various VPN configuration options within the device offer a flexible deployment of NordVPN to create a private, secure, fast internet exploration experience,” says Tenlong Deng, ASUS Corporate Vice President, General Manager of Networking and Wireless Devices Business Unit.

The ASUS RT-AX57 Go is the first router in the lineup with integrated NordVPN service. It features tri-mode connectivity, making it ideal for travel, work, and home use. Its compact size ensures easy portability. The ASUS GT-AX11000 Pro is designed for gamers who want to keep multiple devices connected and still get incredible gaming performance. Both routers are equipped with built-in AiProtection and NordVPN. The latter service can easily be set up by entering subscription credentials through the self-service page.

While these routers are the first ones with integrated NordVPN service, the companies aim to continue cooperating and gradually enabling all users of ASUS networking devices to increase their privacy and security online with NordVPN services.

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Mage Data, a leading platform for addressing sensitive data challenges for enterprises, and a Champion in Test Data Management, is pleased to announce the addition of Dan Neault, a seasoned technology executive, to its Board of Advisors. Neault brings extensive experience and an innovative business and technical mindset that will play a crucial role in advancing Mage Data’s strategic initiatives and enhancing their product offerings.

“We are thrilled to welcome Dan Neault to our advisory board,” said Rajesh Parthasarathy, Chief Magecian of Mage Data. “Dan’s expertise and forward-thinking approach are essential as we continue to innovate and deliver exceptional value to our customers.”

Neault joins Mage Data from Imperva, a Thales company, where he ran the Data Security business. Prior to Imperva, Dan was at Amazon Web Services (AWS) where his leadership spanned responsibilities across Databases, Analytics, and Artificial Intelligence/Machine Learning that all contributed to scaling a multi-billion-dollar portfolio. Among his responsibilities, as the General Manager for AWS Database Migration Service, Dan had the charter of helping customers migrate their data tier to the cloud and spearheaded the creation of the Amazon Database Migration Accelerator to simplify customers’ migration experience.

Benefits to Mage Data’s Team, Customers, and Partners from Neault’s Appointment:

• Access to unparalleled industry expertise and strategic guidance
• Enhanced innovation and accelerated product development
• Strengthened leadership and improved market positioning

“Dan’s extensive expertise in databases and cloud technologies will empower our clients to accelerate their data transitions to public cloud infrastructures with the support of Mage Data’s advanced security solutions,” said Parthasarathy. “His proven track record in scaling businesses will be vital as Mage Data strives to increase its market presence and broaden our suite of security offerings.”

Neault’s career includes contributions to some of the world’s leading technology firms. At Microsoft, his 18-year tenure included pivotal leadership roles that helped accelerate the company’s enterprise and cloud progress, including Windows, SQL Server and Azure SQL Database, and Microsoft Consulting Services. Then, as SVP of Datacenter Solutions at NetApp, he led global product management and engineering for the company’s data management solutions. His subsequent roles at Samsung, including founding CEO of Stellus Technologies, further underscore his capability of driving innovation and growth.

“Mage Data is at the heart of data protection for large enterprises, and their proven innovation has already become an essential ingredient of data protection for many large enterprises around the world,” says Dan Neault. “I am excited to work with Rajesh and the rest of our Mage Data team to provide even more business value across industries to our global customers.”

Neault highlighted the critical importance of data security in today’s environment, noting, “Businesses everywhere are revisiting and modernizing how they manage, protect, and monitor their data. The intricate challenges they face today require sophisticated solutions and a world-class partner. Mage Data has demonstrated time and again that they are that level of trusted partner. I am thrilled to join their exceptional team to enhance data-centric security products and solutions tailored for hybrid cloud settings.”

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Torch.AI, The Data Infrastructure AI Pioneers^®, and Carahsoft Technology Corp., The Trusted Government IT Solutions Provider^®, today announced a partnership. Under the agreement, Carahsoft will serve as a Torch.AI Public Sector distributor, making the company’s autonomous data ingestion, fusion, and analysis software platform available to the Public Sector through Carahsoft’s reseller partners and NASA Solutions for Enterprise-Wide Procurement (SEWP) V, Information Technology Enterprise Solutions – Software 2 (ITES-SW2) and OMNIA Partners contracts.

Torch.AI is a defense focused AI-software company. Unlike traditional government contractors, its team of experts take calculated risks to self-fund research and development (R&D) efforts behind the scenes, selling complete products “off-the-shelf” directly to mission owners. The company conducts deep research to understand how AI and new data infrastructures can improve a growing array of national defense needs. This enables Torch.AI to transition from ideation to full capability deployment in weeks and months, instead of years.

Its modular platform is easily configured to rapidly create customer impact across tactical AI (mission-focused) and enterprise AI (business-focused) solutions. Each platform layer uses AI to process and fuse large-scale data, instantly, without human intervention or data storage. This new, groundbreaking form of in-memory AI has been deployed at various agencies across the DoD and Intelligence Community (IC) to drive decision-making at scale, improve national security, protect U.S. interests, eliminate fraud, reduce risks and protect our nation’s warfighters.

“We’re pleased to partner with Carahsoft to expand the Government’s access to our platform and solutions portfolio,” said Jason Eidam, CSO & GM of Tactical AI Solutions at Torch.AI. “The partner ecosystem Carahsoft has created for the Public Sector is incredible, and Torch.AI is excited to leverage its decades of experience in establishing and maintaining market prevalence for its vendors and reseller partners, specifically in accelerating procurement and its distribution capabilities.”

“Carahsoft is thrilled to partner with Torch.AI to enable the Government to simplify and utilize its data for improved intelligence and decision-making,” said Michael Adams, Program Executive for AI Solutions at Carahsoft. “Torch.AI’s data infrastructure platform is a major asset to Public Sector customers striving to simplify and utilize their data for improved intelligence and decision-making. We look forward to working with Torch.AI and our reseller partners to bring its solutions to agencies seeking a better way to take advantage of their data.”

Torch.AI’s solutions are available through Carahsoft’s SEWP V contracts NNG15SC03B and NNG15SC27B, ITES-SW2 Contract W52P1J-20-D-0042 and OMNIA Partners Contract #R191902. For more information, contact the Carahsoft Team at (571) 662-4235 or Torch.AI@carahsoft.com.

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Arctic Wolf®, a global leader in security operations, today announced that the Arctic Wolf Platform is the first native cybersecurity platform to integrate with the iManage Knowledge Work Platform. This new partnership will enable the Arctic Wolf Platform to conduct comprehensive monitoring, detection, and response actions against suspicious user activity and advanced cyber attacks targeting their iManage environments.

Cybersecurity and IT teams in law firms, financial services providers, healthcare groups, and media organizations are required to manage and secure a large volume of sensitive documents and emails, with many organizations turning to specialized document management tools and systems to help secure this data. iManage Work is at the centre of this knowledge economy and is trusted by more than 4,000 organizations, including more than 40% of the Fortune 100, to manage documents and emails more efficiently, protect vital information assets, and leverage knowledge to drive better business outcomes.

With the highly sensitive information that is stored in the iManage Work Platform, it is critical that suspicious behaviors such as large data exfiltration, bulk security changes on documents, and abuse of privileged accounts are rapidly detected and responded to. The deep integration between the Arctic Wolf and iManage platforms ensures Arctic Wolf customers receive 24×7 monitoring of their iManage Work Platform via an integration with iManage Threat Manager so suspicious activity within iManage is correlated with data from other systems and is immediately escalated, investigated, and contained.

Arctic Wolf was the first security operations provider to build critical business application monitoring into its Managed Detection and Response (MDR) offering, with the company steadily building out support for securing applications that contain highly sensitive business information. Leveraging its open-XDR architecture and a common data model built on the Open Cybersecurity Schema Framework (OCSF), the Arctic Wolf Platform combines telemetry from popular business applications such as Microsoft 365, Salesforce, iManage, and Google Workspace with data and insights from traditional security sources such as network firewalls, endpoint agents, identity tools, and cloud environments. This holistic view of a customer’s threat surface, enabled only by Arctic Wolf’s unified platform approach, allows organizations to have confidence that their crown jewel data, which is a top target of threat actors, is secured with a level of speed and efficacy not possible with stand-alone point solutions.

“With the speed at which modern threat actors operate, relying exclusively on traditional security tools to detect targeted attacks against business-critical applications could quickly put an organization’s crown jewel data at risk,” said Dan Schiappa, chief product and services officer, Artic Wolf. “At Arctic Wolf, we believe all data is security data, which is why we have led the way in adding integrations for business-critical application for multiple verticals to our platform. We are excited to partner with iManage and look forward to enabling new security outcomes for our shared customers, so that they can work more productively, collaboratively, and securely.”

“Security is foundational to iManage. Many of our customers leverage the security tools inherent in the iManage platform including Threat Manager and Security Policy Manager for robust security. But, for those seeking to integrate document management-centric threat patterns from the iManage Work platform alongside other critical systems, Arctic Wolf’s unified platform can analyze these systems too. The Arctic Wolf platform along with the team of security operations experts gives customers an added advantage by strengthening their security posture,” said Dean Leung, EVP of digital enablement and communities at iManage.

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Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced it has signed a definitive agreement to acquire Noetic Cyber, an innovator and a leader in cyber asset attack surface management (CAASM).

The addition of Noetic’s CAASM solution to Rapid7’s existing cybersecurity solutions will provide more comprehensive visibility of a customer’s environment, including visibility into both internal and external assets, on-premise and in the cloud. With this, customers will be empowered to:

• More fully understand their attack surface with a high-context, inside-out view and an adversary aware, outside-in view to efficiently anticipate threats and manage risk
• Enable focused prioritization and fidelity with threat-aware context to recognize the most acute risk signals and exposures
• Drive better signal-to-noise across security teams by effectively and continually improving asset inventory and content to reduce risk and build resiliency with pragmatic remediation guidance and automation
• Create efficiency and productivity for security teams, giving them highly correlated asset and resource views along with searchable risk context

“Fragmented attack surface is stifling security productivity, efficiency, collaboration, and credibility,” said Corey Thomas, chief executive officer, Rapid7. “The addition of Noetic’s solution to our platform positions Rapid7 to deliver the most productive security operations experience while making it more accessible to the teams who need it most.”

According to the 2024 Gartner^® Innovation Insight: Attack Surface Management report, “only 17 percent of organizations can clearly identify and inventory a majority (95% or more) of their assets.”¹

“The addition of Noetic Cyber to Rapid7’s portfolio ensures even more security teams can be confident they have the right visibility of their security data,” said Paul Ayers, chief executive officer and co-founder, Noetic Cyber. “Rapid7 customers will now be able to better prioritize exposures based on the meaningful insights from Noetic and take action to identify security gaps and reduce cyber risk.”

Noetic Cyber was co-founded in 2019 by Paul Ayers, Allen Hadden, and Allen Rogers to empower security teams to command their attack surface. Noetic Cyber provides a proactive approach to cyber asset and exposure management, empowering security teams to see, understand, and fix their security posture and control drift. Noetic Cyber’s goal has been to improve security tools and control efficacy by breaking down existing data silos enhancing the entire security ecosystem.

The acquisition of Noetic Cyber is expected to close during Rapid7’s fiscal third quarter and is not expected to have a material impact on the Company’s 2024 Annualized Recurring Revenue (“ARR”).

Following the close of the transaction, Rapid7 is expected to make Noetic Cyber capabilities available to its customers this summer. To learn more about how Rapid7’s acquisition of Noetic Cyber will benefit customers and to get notified as soon as the solution is available, visit https://www.rapid7.com/info/lp/request-caasm-demo/.

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“Hackers have long proven their talent for disguising malware with legitimate-looking files. But the boom of artificial intelligence and development of large language models has enabled cybercriminals to build and distribute malware faster and easier. But as hackers become more resourceful, so does the cybersecurity industry. Tools like File Checker can help users remain secure online,” says Vykintas Maknickas, head of product strategy at NordVPN.

Using File Checker is free of charge, does not require any registration or subscriptions, and is easy to use. Users should simply upload the suspicious file to the tool to check whether the file might be a threat. If the file is safe to open, File Checker will notify that it shows no signs of malicious activity. If that’s not the case, the tool will alert that the file might be malicious. 

Despite the easy-to-use interface, the technology behind File Checker is much more complex. Whenever a user uploads a file to File Checker, the tool calculates the file’s hash in the browser and sends it to NordLabs’ backend. Here, it’s checked against a huge database of known malicious file hashes. The NordLabs file hashes database is analyzed and curated using machine learning, AI, and other advanced techniques, offering extensive, up-to-date results.

It’s important to note that NordVPN is fully committed to the highest cybersecurity and privacy standards, thus the file doesn’t leave the user’s computer throughout the whole checking process.

“We believe that File Checker will become an extremely valuable tool for the internet community to manually check a file already downloaded to the computer. But if the user wants to check a number of files at once or needs file checking service constantly, one should consider using the Threat Protection Pro feature,” says Vykintas Maknickas.

Threat Protection Pro is a cybersecurity product that allows you to check files for malware and viruses even before they land on your device. Powered by AI solutions, Threat Protection automatically scans the file you download and blocks it if the tool detects anything malicious within the file. Additionally, the tool also blocks malicious websites, stops trackers, and prevents intrusive ads from popping onto your screen.

According to the recent research, users should be particularly careful when downloading files with “.exe”, “.zip”, “.php”, “.dll”, and “.pdf” file extensions as they are mostly used to harbor malware.

File Checker is the third experimental product developed by NordLabs, a platform to explore emerging technologies and create new tools and services. The platform allows exclusive access to innovative projects developed by the NordVPN team of developers. In January, NordVPN launched Link Checker to protect users from malicious websites. Last year, the company presented AI phishing assistant, an AI-enabled browser extension to help internet users detect phishing emails and protect themselves from cybercrime.

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Aptean (or the “Company”), a global provider of industry-specific enterprise resource planning (“ERP”) and supply chain software, announced today that it has received an investment from Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) to support Aptean’s journey. Clearlake will join existing investors TA Associates (“TA”), Insight Partners (“Insight”), and Charlesbank Capital Partners (“Charlesbank”) as shareholders.

“Aptean is thrilled to welcome Clearlake as an investor as we continue addressing the needs of our customers with our cloud ERP and supply chain software,” said TVN Reddy, CEO of Aptean. “Clearlake’s investment underscores their confidence in our strategy and commitment to expansion. Partnering with Clearlake, alongside our existing investors, will enable us to continue delivering differentiated solutions to the market and accelerate our growth.”

Since its founding in 2012, Aptean has focused on providing industry-specific software to the process manufacturing, discrete manufacturing, and supply chain management verticals, serving over 10,000 customers globally across more than 80 countries. Over the past 18 months, Aptean has advanced its cloud-based solutions and penetrated its presence in Europe and other global regions.

Behdad Eghbali, Co-Founder and Managing Partner, and Prashant Mehrotra, Partner and Managing Director, at Clearlake, said, “We are excited to partner with Aptean’s management team and join TA, Insight, and Charlesbank as investors. We see an opportunity to build upon Aptean’s market position as a provider of manufacturing ERP and supply chain solutions. We look forward to leveraging our O.P.S.^® operational improvement approach to further support TVN and his team as they execute on product advancements, develop next-generation SaaS solutions, and pursue strategic acquisitions.”

Hythem El-Nazer, Managing Director, and Mike Libert, Managing Director, at TA, said, “We are proud to be long-term supporters of Aptean, having first invested in the Company in 2019 and then recommitting in 2023 to deepen our partnership. We remain excited about the Company’s growth trajectory, innovation in new applications, and opportunity for strategic acquisitions. We welcome Clearlake as a shareholder and look forward to working collaboratively with the goal of enhancing Aptean’s market position and realizing accelerated growth.”

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SoftServe, a premier IT consulting and digital services provider, today released its findings of the latest study commissioned to evaluate current Generative AI (Gen AI) use across global businesses conducted by research and advisory firm Forrester Consulting. After more than 18 months since the release of ChatGPT and growing availability of Gen AI products, solutions, and services, the study revealed businesses are still experiencing less value than executives expected with only 22% of organizations reported effectively using the technology across all business functions.

Despite falling short of expectations, Gen AI enthusiasm grows unabated according to the global survey of 777 technology purchasing decision-makers involved with their organization’s use of Gen AI. Their responses indicated organizations continue to invest and pursue many use cases in search of ones that will deliver the biggest impact while simultaneously struggling with internal data readiness, governance, and skill development.

Key findings include:

• More than half of decision-makers say their company established business goals for using Gen AI, yet 79% or more are concerned with their organization’s ability to execute those goals with current levels of internal or external expertise.
• Despite 75% or more experiencing Gen AI skill readiness challenges, organizations continue to pile up use cases as most have implemented at least three use cases and will expand the use of two more, including plans to pilot at least one more use case in the next 12-18 months.
• Just 51% of leaders are extremely confident their current strategy will allow them to reach maximum Gen AI value from future use cases, while concurrently, 77% are concerned with their company’s potential to realize business value in either the short or long term.
• Only 42% of organizations have the capabilities to train Gen AI models and a staggering 89% face difficulties preparing business data for Gen AI use.
• Less than one-fourth (24%) have governance plans in place, even though 90% agree adopting a governance plan is imperative to ensuring the responsible use and risk mitigation of Gen AI.

“Despite a swift start to the Gen AI race, many initiatives get stuck in the piloting stages as more organizations realize their data infrastructure isn’t ready to adequately deploy Gen AI technologies beyond the proof-of-concept,” said Alex Chubay, SoftServe’s CTO. “Gaps in skills and knowledge of emerging Gen AI technologies, technical feasibility, and data readiness hinder companies from moving beyond tactical wins in pilot mode to full-scale deployments enabling novel business capabilities and experiences. To make that qualitative leap to the next level, a holistic approach is required to orchestrate business priorities, use cases, and data across the technology ecosystem from the initial strategy down to the final execution.” 

Gaps in Expectations vs. Reality
While respondents agree data is paramount to effective Gen AI strategies, only 3% said their organizations’ models can leverage a full range of six or more types of business data (operational, customer, employee, source code, public, and partner data), which was double the respondent average of three data types used. Moreover, a gap in technical skills persists as 88% say deeper technical expertise is becoming increasingly important for data integration, model optimization, use case development, and further application development.

Crucial External Expertise Needed
Despite the over-abundance of use cases, 80% of decision-makers claim their employees are currently struggling with use case awareness and general understanding of Gen AI complexity and 90% say their organizations need a partner with more advanced technical capabilities to see transformative value in future use cases.
According to the study, companies are looking for partners with accelerated deployment support (89%) and a better understanding of their industry (88%) to help with execution and implementation.

Notable Trends in Gen AI Results
The study revealed organizations reaping substantial value from Gen AI prioritized data, governance, and skill development with help from technical partners and experts. Of four countries surveyed, the U.S. took the lead in unlocking Gen AI value, followed by the UK, Singapore, and Germany, respectively.

Among industries, retail was most likely to harness Gen AI value and train their organization’s models on owned data, while FSI (financial services and insurance) reported more likely to encounter challenges before yielding any Gen AI gains. FSI leaders also reported releasing fewer governance plans than retail and other sectors. Companies across healthcare, life sciences, oil and gas, manufacturing, ISVs, and enterprise technology depicted an even divide in achieving Gen AI value. Separately, larger businesses with revenues greater than $5 billion were less likely to show Gen AI successes due to difficulties organizing the required capabilities needed across expansive hardware, software, and infrastructure landscapes.

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Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions, today announced the launch of its new next-generation desktop or 1U rack mountable EDS5000 series of device servers, supporting 8, 16 or 32 serial managed devices over Ethernet (10/100/100BASE-T or 100/1000 SRP) for easy remote access and management of any serial-based equipment, such as medical devices, POS terminals or security equipment.

“With continued adoption of industrial automation and increasing demand for remote environments, Lantronix is leading the charge by offering a new family of world-class device servers that enable its customers to maintain and expand serial connections over Ethernet for better management and visibility,” said Mathi Gurusamy, chief strategy officer for Lantronix. “With this new family of device servers, Lantronix is poised to meet growing market demand for secure, remote device server solutions.”

The global serial device server market size will reach $401.47 million by 2028, up from $270.59 million in 2022, according to Maia Research Analysis’ Global Serial Device Server Market Report published in 2022.

Key features of the EDS5000 series servers include:

• IPv6 technology for faster serial speeds than previous EDS versions (921K vs 230K Baud).
• RS232, RS422 and RS485 support, which allows for multiple serial protocols to be supported in a single solution, eliminating the need for separate devices for each protocol.
• Redundant power inputs, one AC input and one DC allowing for installation in a variety of environments based on power availability. AC and DC can also be used concurrently for redundancy.
• Ethernet connection via 10/100/1000 copper RJ45 or 100/1000 SFP to support a variety of LAN/WAN options in a single solution. It can connect via copper Ethernet when it’s less than 100 meters in distance, and the Fiber SFP port can be used for distances beyond 100 meters or for additional security.
• Wide operating temperature of -10°C to +60°C to accommodate most installation environments.
• Comprehensive Device Security Framework, delivering enterprise-level security with an unprecedented level of intelligence and safety with SSL/TLS, AES and SSH built in.
• Easy set-up and configuration using Lantronix’s Windows-based Provisioning Manager, which can be used locally or remotely with the Lantronix Percepxion device management platform, providing single-pane-of-glass cloud management.

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