Cybersecurity Company Tenable Soars in Public Debut
*By Bridgette Webb*
With midterm elections fast approaching, many in [Washington](https://www.washingtonpost.com/news/powerpost/paloma/the-cybersecurity-202/2018/07/30/the-cybersecurity-202-the-fight-over-election-security-comes-to-the-senate-floor/5b5dd0ad1b326b0207955e1b/?noredirect=on&utm_term=.b1ac3187ea55) have cybersecurity on the brain.
Amit Yoran, CEO of cybersecurity firm Tenable, admits it's a dangerous moment.
"There are no shortage of threat actors out there, whether it's a nation-state or cybercriminal," Yoran said in an interview with Cheddar on Thursday.
But, Yoran added, the solution is clear.
"It doesn't matter who these actors are, the key to cybersecurity is making sure your systems are up to date. Cybersecurity is the greatest challenge of our time."
It's a sentiment that both those in the capital and on Wall Street seem to share. Tenable took to the public markets on July 26 and ended the day up 30 percent.
Tenable allows companies to quantify in dollars the damage that could be caused by various types of security breaches. In recent months, the company has amassed more than 24,000 customers in 160 countriesーincluding government agencies and 53 percent of Fortune 500 companies .
The company raised $240 million in its IPO, which Yoran said he plans on putting to good work.
"The company is going to continue investing in distribution and in our sales team to make sure we are bringing our technologies to the market."
For more on this story [click here](https://cheddar.com/videos/tenable-soars-on-market-debut).
The UK's Competition and Markets Authority blocked Facebook parent company Meta's acquisition of the image sharing platform Giphy, stating that the deal would harm UK advertisers and social media users. Meta responded and said that it is considering an appeal.
Jill and Carlo cover the latest developments with the Omicron variant that are spooking markets once again. Twitter's @Jack is leaving, SCOTUS takes up abortion rights and the world has a brand new republic.
A CDC panel unanimously endorsed Moderna and Pfizer Covid-19 vaccine boosters for all U.S. adults. This comes after the FDA gave its own authorization for everyone 18 and older, scrapping previous eligibility factors like age and underlying conditions. Dr. Shereef Elnahal, President and CEO of University Hospital and former New Jersey Health Commissioner, joined Cheddar News to break down the development.
Phyllis Newhouse, the first black woman to bring a company public via SPAC on the NYSE earlier this year, has launched her second SPAC, ShoulderUp Technology Acquisition.
Phyllis is a serial entrepreneur, retired military officer, and founder of the ShoulderUp movement, which educates and encourages women around the world to reach their greatest economic, political and cultural potential. Shawn Henry is part of the ShoulderUp team, bringing his expertise on cybersecurity to the new company. Both Phyllis and Shawn joined Cheddar to discuss this new venture and how it plans to tackle the issue of cybercrime.
John Petrides, Portfolio Manager at Tocqueville Asset Management, joins Cheddar News' Closing Bell, where he breaks down Monday's market activity amid the emergence of the omicron variant, and what it could mean for the Fed's timeline when it comes to raising rates and tapering pandemic aid.
