Sunday, October 1 2023

Cybersecurity M&A and Funding Update: May 28

Khushi Arora 0

Recent cybersecurity companies that raised capital, announced mergers and acquisitions, or financial or strategic transactions. This week, cloud computing security, […]

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Bizarro Malware Reaches Banks in Europe

Aleema Elahi 0

A banking trojan named Bizarro has expanded its attacks to target customers of 70 European and South American banks. The […]

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S&P Hints at Rating Downgrades for Poor Cyber… Again

Ellie Buscemi 0

Standard & Poor’s (S&P) continues to warn financial institutions that poor cyber risk management practices may lead to ratings downgrades. […]

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Third-Party Cloud Service Misuse Exposes Over 100M Users’ Data

Khushi Arora 0

A recent report highlights app developers’ misconfiguration and poor implementation of third party cloud services, which may have exposed sensitive […]

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EU Extends Sanctions to Hackers—Banks, Cyber Insurers Face Dilemma

Ellie Buscemi 0

The European Council extended a framework that penalizes cyber-attacks against EU or member countries for another year. The framework, part […]

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US Infrastructure Plan Includes Billions for Cybersecurity Improvements

Jay Duncan 0

United States President Joe Biden’s ambitious infrastructure proposal, the American Jobs Plan, includes $20 billion in funds to help state, […]

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Cybersecurity M&A and Funding Update: Week of May 14

Khushi Arora 0

Recent cybersecurity companies that raised capital, announced mergers and acquisitions, or financial or strategic transactions. As strategic investors remain active, […]

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Dueling Reports Flag Cyber Issues

SD Editor 0

Two recent executive surveys present divergent assessments of executive confidence in their organizations’ level of cyber risk preparedness. The Cyber […]

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Don’t Miss

Cyber Executive Moves: Expel, AXA XL

Ellie Buscemi

Expel appoints a new chief product officer, AXA XL announces a new chief executive and DataVisor appoints a new chief revenue officer. Expel, a security operations provider in Herndon, Virginia, appointed Yonni Shelmerdine as the new chief product officer on Aug. 28. Shelmerdine comes to Expel from SentinelOne where he was the vice president of Product Management, endpoint […]

Grip Security Raising $41 Million Series B Led by Third Point Ventures

SecureDisruptions

SaaS security company plans to accelerate growth and extend market leadership SaaS identity risk management platform Grip Security announced a $41 million Series B funding round led by Third Point Ventures, with participation from YL Ventures, Intel Capital and The Syndicate Group. The investment would bring Grip Security’s total funding to $66 million and marks a major milestone for the […]

Partner One Acquires Key Fidelis Cybersecurity Assets

SecureDisruptions

Partner One, one of the fastest growing software conglomerates in the world, has announced its acquisition of Fidelis Cybersecurity software, intellectual property, equipment, inventory and customer and reseller contracts. Fidelis software is a leader in the cybersecurity industry, with innovative eXtended Detection and Response (XDR) and Cloud Native Application Protection Platform (CNAPP). Fidelis solutions protect […]

Healthcare IoT: Risks, Policy, and the Path Forward 

John Powers

When Amazon launched as an online bookstore twenty-eight years ago, few would have imagined that patients could one day go to its website to treat their acid reflux. But times change. Amazon just expanded their virtual healthcare marketplace, Amazon Clinic. Across the U.S., customers can now consult with clinicians through virtual calls and get treatment […]

NIST Updates Cybersecurity Framework in New Draft, Seeks Public Comment

John Powers

The National Institute of Standards and Technology updated their cybersecurity framework for the third time in a new draft. The new framework offers guidance to organizations about reducing cybersecurity risks. It contains a set of outcomes so that any organization can evaluate, prioritize, grasp, and communicate its cybersecurity measures in an effective way. The draft […]

N.Y. Gov. Debuts Premier State Cybersecurity Strategy

John Powers

Governor Kathy Hochul (D-NY) recently introduced New York’s first cybersecurity strategy. The 15-page document lays out a blueprint to expand services to aid under-resourced entities and clarifies agency responsibilities. It provides $500 million to strengthen New York’s healthcare information technology and $7.4 million to expand the New York State Police’s Cyber Analysis Unit, Computer Crimes […]