Spectro Cloud completed a $75 million Series C funding round led by Growth Equity at Goldman Sachs Alternatives with participation from existing Spectro Cloud investors.
"Attackers are leveraging automation to exploit every point of weakness they can uncover," said Crystal Morin, Cybersecurity Strategist at Sysdig, referencing the company's new 2024 Cloud-Native Security and Usage Report. "This year's report shows that many companies are chasing faster innovation at the cost of more comprehensive security — a gamble that poses real business risks."
Report highlights include:
69% of enterprises have yet to embed AI into cloud environments
While 31% of companies have integrated AI frameworks and packages, only 15% of these integrations are used for generative AI tools such as large language models (LLMs). Considering the risk acceptance described in this year's report, organizations are ignoring security best practices, yet they are cautious when it comes to implementing AI into their enterprise environments.
91% of runtime scans fail
In shift-left security, organizations scan early and often during the development phase, recognizing failed builds, correcting the code, and then redeploying. The goal is to catch issues before delivery, and before they become exploitable conditions for attackers. However, with 91% of runtime scans failing, teams appear to be relying more on threat detection than prevention.
Only 2% of granted permissions are being used
Identity management — for both humans and machines — has become the most overlooked cloud attack risk and opportunity for companies to improve their security posture, especially in light of well-known 2023 attacks that took advantage of overly permissive identities. In last year's report, Sysdig saw 90% of permissions going unused, showing that this trend has worsened year over year.
Shorter container lifespans are not stopping attackers
The homogenous nature of cloud environments and attackers' usage of automation for discovery and reconnaissance gives them a near-instant understanding of cloud environments and their opportunities to move laterally. Running vulnerable workloads, no matter how short-lived, leaves organizations at risk for attacks.
"Though I am unsurprised by the apprehension around the security of new technologies like AI, I am disheartened by the massive number of excessive permissions being administered, especially for machine identities. It feels a bit like obsessing over a plane crash while regularly running stop signs with no seatbelt on," said Anna Belak, Director, Office of Cybersecurity Strategy at Sysdig.
Industry News
The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, has announced significant momentum around cloud native training and certifications with the addition of three new project-centric certifications and a series of new Platform Engineering-specific certifications:
Red Hat announced the latest version of Red Hat OpenShift AI, its artificial intelligence (AI) and machine learning (ML) platform built on Red Hat OpenShift that enables enterprises to create and deliver AI-enabled applications at scale across the hybrid cloud.
Salesforce announced agentic lifecycle management tools to automate Agentforce testing, prototype agents in secure Sandbox environments, and transparently manage usage at scale.
OpenText™ unveiled Cloud Editions (CE) 24.4, presenting a suite of transformative advancements in Business Cloud, AI, and Technology to empower the future of AI-driven knowledge work.
Red Hat announced new capabilities and enhancements for Red Hat Developer Hub, Red Hat’s enterprise-grade developer portal based on the Backstage project.
Pegasystems announced the availability of new AI-driven legacy discovery capabilities in Pega GenAI Blueprint™ to accelerate the daunting task of modernizing legacy systems that hold organizations back.
Tricentis launched enhanced cloud capabilities for its flagship solution, Tricentis Tosca, bringing enterprise-ready end-to-end test automation to the cloud.
Rafay Systems announced new platform advancements that help enterprises and GPU cloud providers deliver developer-friendly consumption workflows for GPU infrastructure.
Apiiro introduced Code-to-Runtime, a new capability using Apiiro’s deep code analysis (DCA) technology to map software architecture and trace all types of software components including APIs, open source software (OSS), and containers to code owners while enriching it with business impact.
Zesty announced the launch of Kompass, its automated Kubernetes optimization platform.
MacStadium announced the launch of Orka Engine, the latest addition to its Orka product line.
Elastic announced its AI ecosystem to help enterprise developers accelerate building and deploying their Retrieval Augmented Generation (RAG) applications.
Red Hat introduced new capabilities and enhancements for Red Hat OpenShift, a hybrid cloud application platform powered by Kubernetes, as well as the technology preview of Red Hat OpenShift Lightspeed.
Traefik Labs announced API Sandbox as a Service to streamline and accelerate mock API development, and Traefik Proxy v3.2.