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Red Herring: HyTrust Raises $33 Million in Funding for Cloud Security

Apr 01, 2015, Media

HyTrust, a cloud security automation company, has raised $33 million in funding, including $8 million in venture debt and credit facilities. AITV led the round, with participation from Vanedge Capital, existing investors Epic Ventures, Granite Ventures and Trident Capital and strategic investors Cisco, Fortinet, Intel Corp. and VMware.
http://www.redherring.com/finance/hytrust-raises-33-million-funding-cloud-security/

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Silicon Valley Journal: HyTrust raises $33M to grow cloud security business April 1, 2015

Apr 01, 2015, Media

Cloud security startup HyTrust raised $25 million in Series D funding on Wednesday in addition to securing $8 million in venture debt and credit facilities.
http://www.bizjournals.com/sanjose/news/2015/04/01/hytrust-raises-25m-to-grow-cloud-security-business.html

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SC Magazine UK: Target breach costs £124 million - so far

Feb 27, 2015, Media

The costs of the Target breach dwarf the costs of increased security or insurance. Eric Chiu, president & co-founder of cloud control company HyTrust comments "That should serve as strong evidence that companies need to make security a top priority -- especially around insider threats, which is how most breaches are happening today.”
http://www.scmagazineuk.com/target-breach-costs-124-million--so-far/article/400551/

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Homeland Security Today: Privacy, Civil Liberties Take Center Stage At Cybersecurity Info Sharing Hearing

Feb 27, 2015, Media

Eric Chiu, president and co-founder of HyTrust, a cloud control company, said real consequences for violations related to information sharing will be critical to the success of this legislation.
http://www.hstoday.us/briefings/daily-news-analysis/single-article/privacy-and-civil-liberties-take-center-stage-at-cybersecurity-information-sharing-hearing/1775fc421b590db89b57619390a12124.html

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Homeland Security Today: IARPA’s CAUSE Cybersecurity Program Elicits Reaction From Experts

Feb 27, 2015, Media

“Michele Borovac, VP at HyTrust, a cloud control company, also weighed in, saying, “CAUSE is a step in the right direction. We have learned from many of the recent breaches that attackers are increasingly targeting administrative credentials, which allow them to navigate the datacenter without detection. If CAUSE can combine the right tools with the right intelligence, they should be able to...
http://www.hstoday.us/briefings/industry-news/single-article/iarpas-cause-cybersecurity-program-elicits-reaction-from-experts/87c2a90f2de358450c2810708b5c447b.html

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IT Security Guru: US Government to increase information sharing and updates Fraud and Abuse Act

Jan 14, 2015, Media

Following on from his proposed national 30 day breach notification law, President Barack Obama has also announced new cybersecurity legislative proposal.
http://itsecurityguru.org/us-government-increase-information-sharing-updates-fraud-abuse-act/#.VLf60SvF_14

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