Cisco buys network security company Observable Networks
In an effort to bolster its offerings in the enterprise security space, Cisco has announced that it has acquired the company Observable Networks which provides real-time network behavior monitoring.
The terms of the deal have not yet been made public though Observable Networks value was estimated at around $16 million during its last round of funding in May of 2016.
Cisco's new network can learn, adapt and overcome security threats
Cisco has unveiled its network of the future designed with the ability to learn, adapt and evolve to combat security threats and manage the increased load put on networks by an ever-increasing number of devices.
The company created its new network with the intent of developing an intuitive system that can anticipate actions, stop security threats and continue to evolve and learn over time. Cisco's network of the future will allow businesses to solve the challenges they face in a time of increased connectivity and distributed technology.
Cisco and IBM overhaul VersaStack to add VDI and hybrid cloud functionality
IBM and Cisco recently announced a new partnership that would see both companies work together to bolster their respective cyber security offerings.
Now the two companies have decided to overhaul their shared VersaStack to include new Virtual Desktop Infrastructure (VDI) and hybrid cloud capabilities.
Cisco and IBM team up to boost their security products
Cisco and IBM have announced a new partnership that will see both companies integrate their security services, products and threat intelligence in an effort to bolster their cybersecurity offerings.
Both companies already have sizable security businesses and the partnership will see them share research and services with one another. Cisco's security suite will integrate with IBM's QRadar across networks, end points and cloud while IBM Global Services will offer support in managed security services to the company.
Cisco and Microsoft team up on Internet of Things solutions
Cisco has made a couple of interesting announcements in its IoT space, including a new hardware platform and a collaboration with Microsoft on hybrid IoT solutions.
There are three new components to the Cisco IoT Operations Platform: Connection Management at Scale, Fog Computing and Data Delivery.
Tech giants support Google's fight against FBI in foreign data storage case
Following a ruling by a Pennsylvania court that Google would have to turn over emails stored overseas, Apple, Microsoft, Amazon and Cisco have come together to file an amicus brief in support of the company.
Filing an amicus brief is a way in which companies or people not directly involved in a case can show their interest in it to a court. In this situation, it is in the best interest of the companies that filed the brief that US law enforcement remains unable to access customer data that is currently stored outside of the US.
Survey reveals the true cost of data breaches
More than a third of organizations that experienced a data breach in 2016 reported substantial customer, opportunity and revenue loss of more than 20 percent.
This is a key finding of the latest Cisco Annual Cybersecurity Report which also shows that after attacks, 90 percent of these organizations are improving threat defense technologies and processes.
Cisco acquires intelligence software company AppDynamics
Tech giant Cisco has announced that it is buying AppDynamics, a privately-held application intelligence software company headquartered in San Francisco.
The deal is worth $3.7 billion, and will be completed in cash and assumed equity awards.
Cisco buys container-as-a-service startup ContainerX
Cisco wants to transform into a software company and to further move towards that goal it announced the acquisition of CointainerX, a small start-up formed by engineers from Citrix, Microsoft and VMware.
The container-as-a-service business creates virtual containers for data centres, for Windows and Linux. The financial details of the agreement were not disclosed. ContainerX didn’t try to hide the excitement.
Cisco will cut 5,500 jobs
According to reports, Cisco Systems is planning a mass jobs cull with 5,500 jobs in danger -- or around seven percent of its global workforce.
Cisco, the world’s biggest networking equipment company, is expected to announce more details of any potential cuts in the next few weeks a part of an ongoing transition to a more software and cloud-orientated strategy.
Cisco Meeting Server enables Skype for Business users to connect with other platforms
Skype for Business users have had a pretty rough time connecting with other platforms (like Cisco or Avaya), but that’s no longer the case as the Cisco Meeting Server gets released.
Cisco's new product will allow Skype for Business users to easily connect to users on other platforms by clicking a link. The company believes its product will completely reshape office collaboration, and the impact will be "huge".
Cisco buys cloud security provider CloudLock
Cisco has announced that it will be acquiring the cloud-based security provider CloudLock for $293 million in cash and equity.
CloudLock makes use of application program interface (API) technology to allow enterprises to apply and monitor the security of documents and other content that is accessible via cloud-based applications. The service works with Office 365, Google Drive, Salesforce applications and thousands of other apps and programs.
Microsoft forms IoT-focused Open Connectivity Foundation with Intel, Samsung, and others
As someone who is historically an early adopter of technology, I surprised myself when I didn't jump head-first into the Internet of Things. Don't get me wrong, I love the IoT concepts of the connected home and smart appliances, but a lack of standards make me hesitant. As of now, my house has but one such device -- a WeMo smart outlet so I can turn on a lamp with an Amazon Echo.
A lack of standards for IoT is extremely problematic, but luckily, companies are realizing this dilemma. In fact, Microsoft announces the IoT-focused Open Connectivity Foundation with partners Intel, Samsung, Cisco and more. While this coalition is a step in the right direction, I am sure there will be many competing groups vying for adoption; the fight could last many years.
Cisco announces Firepower Next-Generation Firewall
Cisco has released a new firewall solution which aims to completely change how security services tackle cyber-threats.
The new product, Cisco Firepower Next-Generation Firewall (NGFW), is built to detect threats on a system, and not keep the system on a lockdown. Here’s how Cisco explains the new product
Businesses need to place higher priority on cyber security
Only 45 percent of worldwide organizations are confident in their ability to fend off today’s sophisticated cyber attacks. This is one of the key findings from Cisco’s 2016 Annual Security Report, which was released today.
With the rate of digital transformation continuing to increase, business leaders are increasing measures to secure their organizations’ future, with 92 percent agreeing that regulators and investors will expect them to manage cyber security risk.
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