Splunk cuts 7% of workforce ahead of Cisco acquisition

Network management and visualization vendor Splunk, which is set to be acquired by Cisco in a $28 billion deal, will cut about 560 jobs in a global restructuring, the company announced Wednesday in an SEC filing.Splunk president and CEO Gary Steele said in the filing that employees in the Americas set to lose their jobs will be notified throughout today, and that the company plans to offer severance packages to laid-off employees, as well as healthcare coverage and job placement assistance for an undisclosed length of time.To read this article in full, please click here READ MORE HERE…

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Cisco significantly bolsters security portfolio with $28B Splunk buy

Looking to significantly reinforce its security software portfolio, Cisco has struck a $28 billion cash deal to acquire enterprise and cloud protection company Splunk.Founded in 2003, Splunk’s software platform is known for its wide-reaching ability to search, monitor and analyze data from a variety of systems. Network security teams can use this information to gain better visibility into and gather insights about network traffic, firewalls, intrusion detection systems (IDSes), intrusion prevention systems (IPSes), and security information and event management (SIEM) systems, from on premise and or its cloud-based package, according to Splunk.To read this article in full, please click here READ MORE HERE…

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Cisco software targets enterprise cloud security, risk assessment

Cisco is adding a security module to its observability platform that promises to help enterprises assess threat risks and protect cloud-based resources.The Cisco Secure Application module, available now, is part of the vendor’s Full Stack Observability (FSO) platform, which is designed to correlate data from application, networking, infrastructure, security, and cloud domains to make it easier for customers to spot anomalies, preempt and address performance problems, and improve threat mitigation.FSO is designed to make intelligent use of metrics, events, logs and traces. With it, organizations can consolidate to fewer tools, collect data from any source, correlate information, and enable AI-driven analysis to predict and prevent problems, Cisco said at the FSO launch event in June.  To read this article in full, please click here READ MORE HERE…

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Cisco, Kyndryl step up partnership to cut enterprise security threats

Cisco and Kyndryl have expanded their partnership to offer new services that are aimed at helping enterprise customers better detect and respond to cyber threats.Specifically, Kyndryl will be integrating its own cyber resiliency offering with Cisco’s overarching Security Cloud platform that includes security components such as Cisco’s Duo access control, extended detection and response features, and Multicloud Defense, which orchestrates security and policy across private and public clouds.Security Cloud operates as a layer on top of the infrastructure across a customer’s cloud services – including Azure, AWS, GCP and private data-center clouds – to protect core applications, Cisco said. It features a unified dashboard, support for flexible trust policies, and open APIs to encourage third-party integrators. By correlating data and employing artificial intelligence and machine learning, Cisco Security Cloud can detect and remediate threats quickly throughout an organization, Cisco says.To read this article in full, please click here READ MORE HERE…

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Cisco buys Internet BGP monitoring firm CodeBGP

Aiming to bolster its assessment of Internet traffic health Cisco said it would buy  startup Border Gateway Protocol monitoring firm Code BGP for an undisclosed amount.Privately held Code BGP will slide into Cisco’s ThousandEyes network intelligence product portfolio and bring a cloud-based platform that among other features,  maintains an inventory of IP address prefixes, peerings and outbound policies of an organization via configured sources, like BGP feeds. BGP tells Internet traffic what route to take, and the BGP best-path selection algorithm determines the optimal routes to use for traffic forwarding.Then, the system lets customers see and interact with this inventory in real-time through an open API and bring real-time detection of BGP hijacking, route leaks, and other BGP issues according to the company.  Adding such capabilities will let ThousandEyes further expand its BGP monitoring and incident analysis capabilities to maintain health of the Internet as well as key applications and services, according to Joe Vaccaro vice president of products for Cisco’s ThousandEyes in a blog about the acquisition. To read this article in full, please click here READ MORE HERE…

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Cisco buys Internet BGP monitoring firm Code BGP

Aiming to bolster its assessment of Internet traffic health, Cisco has acquired Code BGP, a privately held BGP monitoring startup, for an undisclosed amount.Code BGP will slide into Cisco’s ThousandEyes network intelligence product portfolio and bring a cloud-based platform that, among other features, maintains an inventory of IP address prefixes, peerings and outbound policies of an organization via configured sources, like BGP feeds. Border Gateway Protocol (BGP) tells Internet traffic what route to take, and the BGP best-path selection algorithm determines the optimal routes to use for traffic forwarding.Then, the system lets customers see and interact with this inventory in real-time through an open API and bring real-time detection of BGP hijacking, route leaks, and other BGP issues according to the company. Adding such capabilities will let ThousandEyes further expand its BGP monitoring and incident analysis capabilities to maintain health of the Internet as well as key applications and services, according to Joe Vaccaro vice president of products for Cisco’s ThousandEyes in a blog about the acquisition. To read this article in full, please click here READ MORE HERE…

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Cisco brings ransomware protection to XDR SaaS package

Cisco has added ransomware detection and recovery support to its recently unveiled Extended Detection and Response (XDR) system.The new features target recovery from ransomware attacks and come courtesy of integration with Cohesity’s DataProtect and DataHawk offerings which offer configurable ransomware recovery and rescue support for systems assigned to a protection plan. Cohesity’s platform can preserve potentially infected virtual machines for forensic investigation and protect enterprise workloads from future attacks.Cisco said that the exponential growth of ransomware and cyber extortion has made a platform approach crucial to effectively counter adversaries.  It also noted that during the second quarter of 2023, the Cisco Talos Incident Response team responded to the highest number of ransomware engagements in more than a year.To read this article in full, please click here READ MORE HERE…

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Network giants unite to fight security risks

A group of industry stalwarts is banding together to help enterprises, services providers and telcos fight cyber foes.The Network Resilience Coalition includes AT&T, Broadcom, BT Group, Cisco Systems, Fortinet, Intel, Juniper Networks, Lumen Technologies, Palo Alto Networks, Verizon and VMware. Its aim is to deliver open and collaborative techniques to help improve the security of network hardware and software across the industry.The coalition was brought together under the Center for Cybersecurity Policy & Law, a nonprofit organization dedicated to improving the security of networks, devices and critical infrastructure. The Center has a broad security mission, but at least for now, it wants the Resilience group to focus on routers, switches and firewalls that are older, may have reached end-of-life vendor support, or have been overlooked for security patching or replacement. To read this article in full, please click here READ MORE HERE…

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Cisco hosts containerized firewall on Catalyst switches to protect mixed IT/OT networks

Cisco announced a containerized firewall package for its venerable Catalyst switch family that’s designed to help enterprise customers with mixed IT and OT systems more easily segment network resources and save money by consolidating network and security deployments.Specifically, Cisco built a Docker-based container for its Secure Firewall Adaptive Security Appliance (ASA) that can be hosted on its Catalyst 9300 access switches. Cisco Secure Firewall ASA combines firewall, antivirus, intrusion prevention, encryption and virtual private network (VPN) support.The firewall supports up to 10 logical interfaces, which can be used for segmentation. This segmentation helps limit the ability of an attacker to move laterally within the network by containing any breach to a specific zone, wrote Pal Lakatos-Toth, an engineering product manager with Cisco’s security business group, in a blog about the news.To read this article in full, please click here READ MORE HERE…

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Cisco snaps up Oort to bolster identity management technology

Cisco is continuing its summer buying spree with the acquisition of security startup Oort for an undisclosed amount.Oort offers an identity threat detection and response platform for enterprise security.  Founded in 2019, Oort raised $15 million in Series A funding that included money from Cisco’s venture capital arm.“With Oort’s API-driven, cloud-native, and agentless platform, they eliminate identity visibility gaps across disparate data sources, show misconfigurations, check for security vulnerabilities, and offer predictive identity analytics to proactively stop attacks,” wrote Raj Chopra, senior vice president and chief product officer for Cisco Security, in a blog about the acquisition. To read this article in full, please click here READ MORE HERE…

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