Recently , it was announced NTT Data – a global leader in IT services and cybersecurity – partnered with Swimlane to reduce risk for shared customers via Swimlane ’ s low-code automation platform .

Swimlane ’ s low-code automation platform coupled with NTT Data ’ s deep industry expertise delivers solutions that enable continuous compliance while preventing data breaches . In doing so , the pair will help security teams to more efficiently manage the growing volume of alerts and complexity of processes .

But , what exactly is security automation ? Security automation is machine-based execution of security actions ; it can detect , investigate and remediate cyberthreats with or without human intervention .

This technology can identify incoming threats , triaging and prioritising alerts as they emerge , and performing automated incident response .

With an automation security operations centre ( SOC ), enterprises will gain faster threat detection by automatically triage alerts and identify real incidents , allowing analysts to identify threats faster .

Additionally , automated tools can execute security playbooks in response to certain types of incidents . With this , threats can be contained or even completely eradicated without human intervention .

� PERIMETER 81 Israeli cyber firm Perimeter 81 has said its backers now value the cybersecurity company at US $ 1bn , bestowing it with unicorn status after the firm raised US $ 100mn to fund product development .

� OKTA Okta posted its financial results for its first quarter – which ended April 30 , 2022 – revealing that the company saw its total revenue grow by an astounding 65 % yearon-year , reaching heights of US $ 415mn .

� NATIONAL SECURITY In the event that Russian hackers decide to retaliate to the U . S . government launching counter attacks against Russia in cyberspace , it ' s an ongoing possibility that US companies or infrastructure could become collateral damage .

� COSTA RICA This year , notorious Russian ransomware gang Conti threatened to overthrow Costa Rica ' s government if a ransom wasn ' t paid , allowing another band of extortionists to attack . The government later admitted that at least 30 of the agency ' s servers were infected .

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