Saturday, October 16 2021

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 Deal Update: Wiz, EVA Group, Bitglass, & appgate,

Van Michael

Massive expansion continues through acquisition and large-scale capital influx.  Wix raises additional $250 million four months after raising $120 million.  The EVA Group eye’s its seat as a top 3 in France.  Appgate sees $1 billion valuation while going public through NLW’s acquisition. Funding Israeli cybersecurity startup Wiz raises $250 million in latest round of funding at $6 billion valuation.  This […]

CYBER EXECUTIVE MOVES: TransUnion, Kovrr, JLL

Khushi Arora

TransUnion, Kovrr, and JLL nab new chief information security officers. TransUnion, a consumer credit reporting agency based in Chicago, has named Bill Shields as its chief information security officer. Shields joins the company from Visa. Kovrr, an Israel-based cyber risk modelling platform provider, nabbed Philippe Vuilleumier as a member of the company’s chief information security […]

Cyber Deal Update: Orca Security, Carnami, Excygent

Van Michael

Two Homomorphic Encryption outfits fight for superiority through competing rounds of funding. Orca Security closes $550 million in Series C.  Coalition purchases Attune for undisclosed sum.  One Identity acquires OneLogin. Funding Cloud security provider Orca Security closes latest Series C at $550 million.  This round led by Singapore based Temasek provides an updated valuation at $1.8 billion.  This move deepens […]

Cyber Executive Moves: SAIC, Corvus Insurance, Cloudentity

Khushi Arora

SAIC appoints a new CISO, Corvus Insurance gains a new president, and Cloudentity nabs a new chief executive officer with a cybersecurity background. Science Applications International Corporation (SAIC), headquartered in Virginia, has appointed Kevin Brown as its chief information security officer. Brown joins SAIC from medical device company Boston Scientific. Accenture has appointed Jackie Fendrock […]

Cyber Deal Update: Coalition, Akamai, Fireeye & McAfee

Van Michael

Massive growth through expansion and acquisition. SenseOn sees +350% growth. HUB Security buys market access to 40 countries.  Tesserent secures an influx of $25 million to fund yesterday’s acquisitions.  Symphony Technology Group announces plans to buy FireEye’s product business at $1.2 billion with intent to merge McAfee’s enterprise business. Funding In the industry’s mad rush for cybersecurity […]

Cyber DeaL Update: Sternum, Panorays, Ketch

Van Michael

Paris-based Exclusive Networks IPO filing. Latest funding fuels Panoryas’s expansion in the US. LG’s latest buyout drives inroads towards connected car security, while Jungle Disk acquires new product divisions to immediately realize +100% growth. F5’s acquisition of Threat Stack buys real-time threat detection. Funding Exclusive Networks, a Paris-based cybersecurity and cloud solutions provider, filed its […]