- Return on Security
- 💰 Security, Funded #61 - Uber got breached again and acquisitions are heating up 🔥
💰 Security, Funded #61 - Uber got breached again and acquisitions are heating up 🔥
I hope you had a great weekend!
In this week's issue:
Uber got breached, again.
Acquisitions are ramping back up
Security, Funded gets a soundtrack
No one:Literally nobody:Me: OK fine, I'll make a Security, Funded playlist on Spotify
Let me know if you've got any crispy beats to add to this playlist. 😤👊
Let's dive in.
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Know what and who is moving the cybersecurity.
📊 Market News
💰 Funding Summary
12 companies raised $440.9M across 9 unique product categories
8 companies were acquired or had a merger event across 7 unique product categories for $9.5M
🧩 Funding by Product Category
$230.0M for Physical Security
$140.4M for Data Protection
$40.0M for Security Operations
$10.0M for Security Orchestration and Automated Response (SOAR)
$6.5M for Network Security
$5.0M for Professional Services
$5.0M for Fraud and Financial Crime Protection
$4.0M for Secure Networking
An undisclosed amount for Extended Detection and Response (XDR)
Turn your cybersecurity career into a rocket ship here. 🚀
🏢 Funding By Company
🤝 Mergers & Acquisitions
🔐 Secure The Job
If you're looking for new opportunities (actively or passively), I've got two ways to help:
Return on Security Job Board - Browse the jobs I curate each week and apply for what matches your interests.
Return on Security Talent Collective - If you're open to hearing about new opportunities, apply to my talent collective to get personally matched with high-growth, high-upside opportunities. You can join publicly or anonymously, and leave anytime. And it's completely free for candidates.
Are you hiring? Post a role or request access to start meeting world class candidates open to new opportunities. Learn more or request access here.
📚 Great Reads
Security Pills Newsletter - Fast becoming one of my new favorites, Security Pills is a weekly newsletter that highlights security related news in the blockchain, smart contract, and broader Web3 space.
CISA announced the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA) - The act requires the Cybersecurity and Infrastructure Security Agency (CISA) to develop and implement regulations requiring covered entities to report to CISA covered cyber incidents and ransom payments.
Why do security products fail? - While technology has advanced, security is still dealing with the same problems of the past. This begs the question, why is that security products not necessarily successful?
Have questions, comments, or feedback about this issue? I'd love to hear from you. Reach out on Twitter or reply directly to the newsletter version of this issue.
Thanks for reading and see you again next time!
Whenever you're ready, there are a few ways I can help you: