Archive: September 2023
Nexusflow AI company raises $10.6 million seed funding
September 30, 2023SSN Staff
PALO ALTO, Calif. – Nexusflow, a Generative AI leader targeting the cybersecurity industry, announced That it’s raised a $10.6 million seed round led by Point72 Ventures, with participation from Fusion Fund and several AI luminaries in Silicon Valley.
The company was founded by AI experts Professor Jiantao Jiao and Professor Kurt Keutzer from the Berkeley AI Research (BAIR) Lab, along with industry AI leader Jian Zhang. Zhang received his Ph.D. from the Stanford AI Lab and served as...
Norfolk Southern system outage not the result of cyber attack
September 30, 2023SSN Staff
ATLANTA – A technology outage that impacted rail operations for the Norfolk Southern Corp. late Friday evening on Sept. 29 has been ruled not to be the result of a cyber attack following an update from the company on Saturday.
On Friday evening, Norfolk Southern's data center experienced an outage that impacted rail operations that included their dispatching system, train movements, and functionality of their terminal operating system. Operations were halted until the...
Resideo expands relationship with USAA to help homeowners
September 30, 2023SSN Staff
SCOTTSDALE, AZ – Resideo Technologies, a global manufacturer and developer of safety and security solutions, has been added to USAA's PERKS program to help its members protect against water damage and optimize home efficiency.
Resideo said that USAA members can purchase their Honeywell Home smart thermostat and its First Alert WiFi Water Leak & Freeze Detector at a discounted price through the PERKS program and eligible Homeowner policy holders can enroll those devices for a connected...
SimpliSafe partners with LifeLock on identity theft prevention
September 30, 2023SSN Staff
BOSTON – Security system maker SimpliSafe has announced a partnership with LifeLock, an identify theft protection brand of Gen.
Together, SimpliSafe said the two companies are providing their customers nationwide with the advanced security they need to help protect both their personal assets and identities from harm. Beginning today, existing SimpliSafe customers can receive up to a 45% discount on their first year of LifeLock. All LifeLock plans include alerts1 for possible identity threats...
Platinum Equity to acquire majority in Cook & Boardman
September 30, 2023SSN Staff
LOS ANGELES – Platinum Equity announced the signing of a definitive agreement to acquire a majority interest in The Cook & Boardman Group from Littlejohn & Co.
In a release the company stated that Littlejohn will remain a significant minority shareholder. Financial terms of the transaction were not disclosed.
Cook & Boardman is a specialty distributor of commercial door and security integration solutions. The company offers a range of products including metal and wood doors, locks, doorframes,...
SSN interview with Barrier1 Systems’ Mark Borto and Baxter Matthews
September 30, 2023Ken Showers, Managing Editor
DALLAS – If there was one corner of the security industry that stood out at GSX this year it was companies offering physical barrier solutions like gates and bollards.
Security Systems News (SSN) had the privilege of speaking with one such company, Barrier1 Systems, and its CEO Mark Borto along with the VP of Security Projects, Baxter Matthews. The following interview has been edited for length.
SSN: Alright, gentlemen, why don't you tell me about Barrier1 Systems and what you've...
Blackpoint Cyber expands cloud security offering
September 29, 2023SSN Staff
ELLICOTT CITY, Md. – Blackpoint Cyber, a SaaS-based managed detection and response (MDR) solution provider, has announced the expansion of its cutting-edge cloud security product, Cloud Response, to Google Workspace.
Blackpoint first introduced Cloud Response for Microsoft 365 to partners in June 2022. The company said that Cloud Response will protect both Microsoft 365 and Google Workspace environments by early October, 2023.
This expansion enhances the security of Google Workspace and...
Study shows 75% of companies experiencing challenges of hybrid work environment
September 29, 2023SSN Staff
PALO ALTO, Calif. – HP has released the findings of a newly commissioned study, conducted by Forrester Consulting, it says highlights the need for companies to adopt always-on endpoint management to cater for increasingly dispersed global workforces.
According to the study, 72% of companies surveyed currently have a hybrid working model, with 75% of respondents reporting that the shift to remote and hybrid work models has magnified IT operational challenges.
“Forrester Consulting’s...
HID and CERTIFY Health collaborate on medical facial recognition tech
September 29, 2023SSN Staff
AUSTIN, Texas – HID, identity solutions provider, and CERTIFY Health, a provider of modernized solutions to optimize patient care and experience, announced a new collaborative patient engagement and facial recognition offering.
HID said it combines its leading U.ARE. Camera Identification System featuring highly accurate facial recognition capabilities with CERTIFY Care – a patient engagement platform currently in use across major healthcare organizations. Key functionalities...
SIA announces inaugural 25 on the RISE honorees
September 29, 2023SSN Staff
SILVER SPRING, Md.—The Security Industry Association (SIA) has revealed the honoree list for the first-ever 25 on the RISE Awards, a program presented by SIA’s RISE community for emerging security leaders together with Brivo and the Foundation for Advancing Security Talent (FAST).
This new initiative honors 25 security leaders of today and tomorrow for their impactful contributions to advancing the security industry. The 2023 class of awardees...