Newly Launched Terbium Software to Monitor Dark Web for Enterprise
April 11, 2016
Impacting groups like Target to JP Morgan Chase, data breaches are increasingly common and security firms are popping up to address the issue. The article Dark Web data hunter Terbium Labs secures $6.4m in fresh funding from ZDNet reports Terbium Labs received $6.4 million in Series A funding. Terbium Labs released software called Matchlight which provides real-time surveillance of the Dark Web and alerts enterprises when their organization’s data surfaces. Consumer data, sensitive company records, and trade secrets are among the types of data for which enterprises are seeking protection. We learned,
“Earlier this month, cloud security firm Bitglass revealed the results of an experiment focused on how quickly stolen data spreads through the Dark Web. The company found that within days, financial credentials leaked to the underground spread to 30 countries across six continents with thousands of users accessing the information.”
While Terbium appears to offer value for stopping a breach once it’s started, what about preventing such breaches in the first place? Perhaps there are opportunities for partnerships with Terbium and players in the prevention arena. Or, then again, maybe companies will buy piecemeal services from individual vendors.
Megan Feil, April 11, 2016