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In Brief

Hybrid cloud storage startup Cloudian has landed $24 million in funding, which the company said in a release that it will use to expand operations and ensure that its products are being more rapidly deployed. Cloudian’s object storage software specializes in setting up both public and private clouds atop the Amazon S3 storage service. The Innovation Network Corporation of Japan (INCJ) and Fidelity Growth Partners were new investors to this financing round along with current Cloudian shareholders, including Intel Capital.

There’s a lot of funding going on in security these days, but it’s hard to tell whether or not these new services are actually going to help things. It’s more important to focus on integrating proper security measures within your organization rather than relying on an outside system to do the work for you. Read more »

In Brief

The Federal Trade Commission (FTC) on Wednesday approved a final settlement with fourteen companies that allegedly breached the U.S.-EU Safe Harbor treaty, which requires U.S. companies to adhere to the EU’s privacy laws in their storage of EU customer data. As a result of the settlements, the companies — including BitTorrent, DataMotion, Level 3 Communications, Apperian and others — must not misrepresent themselves if they say they are complying with government-sponsored privacy or data security programs or “any other self-regulatory or standard-setting organization.” The FTC filed its original complaint in January.

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