May 2021
Cybersecurity M&A and Funding Update: May 28
Recent cybersecurity companies that raised capital, announced mergers and acquisitions, or financial or strategic transactions. This week, cloud computing security, […]
Bizarro Malware Reaches Banks in Europe
A banking trojan named Bizarro has expanded its attacks to target customers of 70 European and South American banks. The […]
S&P Hints at Rating Downgrades for Poor Cyber… Again
Standard & Poor’s (S&P) continues to warn financial institutions that poor cyber risk management practices may lead to ratings downgrades. […]
Third-Party Cloud Service Misuse Exposes Over 100M Users’ Data
A recent report highlights app developers’ misconfiguration and poor implementation of third party cloud services, which may have exposed sensitive […]
EU Extends Sanctions to Hackers—Banks, Cyber Insurers Face Dilemma
The European Council extended a framework that penalizes cyber-attacks against EU or member countries for another year. The framework, part […]
US Infrastructure Plan Includes Billions for Cybersecurity Improvements
United States President Joe Biden’s ambitious infrastructure proposal, the American Jobs Plan, includes $20 billion in funds to help state, […]
Cybersecurity M&A and Funding Update: Week of May 14
Recent cybersecurity companies that raised capital, announced mergers and acquisitions, or financial or strategic transactions. As strategic investors remain active, […]
Dueling Reports Flag Cyber Issues
Two recent executive surveys present divergent assessments of executive confidence in their organizations’ level of cyber risk preparedness. The Cyber […]
