Friday, January 28 2022

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 Deals: 1Password, Virtru, SoSafe, Anitian

Julia Bischoff

Cybersecurity venture funding and mergers: The most sizable venture rounds involved password management and compliance solutions. Managed detection and response (MDR) and identity and access management (IAM) tools remain strong targets for strategic buyers. Funding Security awareness platform SoSafe raised $73 million in its Series B funding round led by expansion-stage investor Highland Europe. This […]

Cyber Executive Moves: Citi, DNC, Blackhawk

Julia Bischoff

Truist Financial chief information security officer Howard Whyte

Cyber Deals: Xage, Human Security, GitGuardian, Simplify, Wipro

Julia Bischoff

Cybersecurity merger and acquisition deals, funding announcements, and public offerings: This week’s most sizable venture funding rounds involved cloud infrastructure security and biometric verification companies. As the sector continues to attract strong interest from strategic buyers, notable recent mergers involved security automation and response (SOAR) and cybersecurity risk consulting. Funding Critical infrastructure security provider Xage […]

Heather Dyer, acting vice president and chief information security officer, US Postal Service

Cyber Executive Moves: AmEx, Cybereason, HackerOne

SecureDisruptions

By Julia Bischoff and Corey Campbell Cybereason names CSO, SafeBreach hires CISO, AND WELLS FARGO CIO JOINS AMEX. American Express hired Ravi Radhakrishnan as chief information officer. Radhakrishnan was previously chief information officer and head of technology for Wells Fargo’s commercial banking and corporate and investment banking businesses. Bug bounty platform HackerOne hired Chris Evans […]

Crypto Harmonization—or Regulatory Turf Wars?

SecureDisruptions

By Stanley I. Foodman Don’t expect aligned, coherent rules anytime soon Multiple enforcement agencies within the US government agree that the $2.5 trillion crypto industry needs regulation. And heads of the largest crypto companies have told Congress that they agree. But therein lies the rub: competing government initiatives have yet to arrive at consensus on […]

Cyber Deals: PlainID, Noname Security, UncommonX, Entegra

Van Michael

Noname Security achieves unicorn status. Dueling API security firms close respective Series C rounds. PlainID raises $75 million in Series C funding.