New layoffs at SAP, NetApp, Splunk, PayPal, Workday, Hubspot and more
You probably didn't miss that many large tech companies are currently reorganizing. One reorganization after another is being announced. One layoff after another is announced this week. PayPal, Workday, Hubspot, Splunk, NetApp, Pinterest, Rivian, OpenText and Micro Focus, among others, are cutting ... Read more
Splunk sues Cribl for copyright infringement
Splunk has taken its competitor Cribl to court over the illegal use of its source code and other technical secrets. With this, Cribl would like to undermine the data platform specialist's market position.
According to Splunk, former employee and current CEO of Cribl Clint Sharp took source code ... Read more
Heineken shows Splunk is more than IT and security
Many professionals are familiar with Splunk because of its capabilities for IT operations and security. We weren't surprised that during our visit to .conf22 earlier this year, there was a lot of focus on precise observability and security. Yet, Splunk has been focusing for some time on the broad a... Read more
Security industry launches OCSF, open framework for security data
Twenty major security providers announced the Open Cybersecurity Schema Framework (OCSF). The framework provides a common language for security data. The goal is to help security teams integrate multiple security tools.
The Open Cybersecurity Schema Framework (OCSF) was initiated by Splunk and ... Read more
Splunk Platform update offers more observability and security
Splunk has announced innovations for its platform during its .conf conference. The updates aim to improve observability and security.
The updates are primarily aimed at enterprises, the segment on which Splunk focuses in particular. Thanks to the updates, they gain end-to-end visibility and more... Read more
‘Cyberattacks are on the rise while war for talent rages on’
Organizations worldwide see a sharp increase in the frequency of cyberattacks. Meanwhile, combating threats is becoming increasingly difficult, as security talent is both scarce and difficult to retain.
This is the conclusion of a recent survey by Splunk. Almost half of the respondents dealt wi... Read more
Ransomware encrypts 100,000 files in 43 minutes
The average ransomware variant takes 43 minutes to encrypt 100,000 files.
SURGe, the study's author, says that reactive measures are no match for ransomware speeds.
SURGe is a research arm of Splunk. Recently, SURGe investigated the speed of encryption. The team unleashed ten common ... Read more
Splunk appoints Gary Steele as new CEO
Splunk appoints Gary Steele as its new top executive. Steele is the current CEO of security specialist Proofpoint. Additionally, Splunk announced the annual results for the fiscal year 2022.
The arrival of Gary Steele should put an end to a period of unrest at Splunk. This unrest arose from disa... Read more
Cisco announces $15 bln in share buybacks while raising its fiscal year earnings forecast
Cisco Systems raised its full-year earnings forecast on Wednesday, reporting that it expects benefits from the higher prices caused by the global chip shortage and the eventual decrease in logistics expenses as delays ease up.
In extended trading, the networking firm's shares jumped almost 5% af... Read more
‘Cisco bid 18 billion euros to acquire data specialist Splunk’
Cisco allegedly bid nearly 18 billion euros ($20 billion) to acquire data software specialist Splunk. According to the Wall Street Journal and Bloomberg, talks of a possible acquisition have stopped at this time.
Cisco's alleged 18 billion euro bid is higher than Spunk's estimated market value o... Read more