Private equity firm Vector Capital invested $100 million in Malwarebytes a month after the antivirus stalwart laid off 125 employees to focus on smaller customers. The funds will help the vendor reduce clients' attack surfaces and accelerate momentum with MSPs and channel partners.
Darktrace's Cybersprint acquisition allowed the cybersecurity AI vendor to move from focusing solely on internal threats to also defending the external attack surface, Nicole Eagan says. The company says AI will give an outside-in view of the victim and simulate how the attacker will behave.
Australian telecommunications giant Optus is warning that current and former customers' personal details were exposed, including some driver's license and passport details, but no passwords or financial details, after it suffered a major data breach.
SentinelOne is taking on top rival CrowdStrike in the venture arena, unveiling a $100 million fund to support security and data startups of all sizes. S Ventures will give the company broader reach in adjacent markets and enable high-value integrations that can grow over time.
Financial services giant Morgan Stanley will pay a $35 million fine to settle U.S. Securities and Exchange Commission charges that it failed to comply with rules requiring it to safeguard customer data as well as ensure it is disposed of properly.
Customers of app-based bank Revolut should be on guard for phishing attempts after a data breach exposed personal details such as names, emails and telephone numbers. The London-based fintech startup told Lithuanian authorities the hacking incident affects more than 50,000 customers.
Decentralized identifiers and verifiable credentials, in which consumers can use their digital identity credentials for a variety of tasks, have significant evolving potential within the realm of identity and access management, says Merritt Maxim, vice president and research director at Forrester.
CrowdStrike has purchased external attack surface management startup Reposify to help organizations detect and eliminate risk from vulnerable and unknown assets. This deal will allow CrowdStrike to combine its insights on endpoints and IT environments with Reposify's internet-scanning capabilities.
Uber is fingering adolescent extortion hacking group Lapsus$ for the disruption to its internal systems. A self-proclaimed 18-year-old last week spammed the company with vulgar messages and shared online screenshots of the company's cloud storage and code repositories. The FBI is investigating.
One of the internet's worst websites is down following a weekend hack that may have exposed the email, password and IP address of Kiwi Farms users. A statement on the site says hackers gained access to site administrator Joshua Moon's account. Site users stalk transgender and nonbinary people.
Sumo Logic has sharpened its ability to help customers improve their security posture since going public two years ago, says President and CEO Ramin Sayar. Enterprises want to drive more SOC automation, while smaller firms seek more visibility into the infrastructure, he says.
Palo Alto Networks has been in a 19-month dry spell when it comes to major acquisitions, but it looks like that's about to change. Israeli business publication Calcalist reported Monday the firm is closing in on a deal to buy New York-based code risk platform provider Apiiro for around $600 million.
Password manager LastPass says the attackers behind the August security incident had access to its systems for four days. LastPass CEO Karim Toubba, sharing details about last month's breach, confirms that there is no evidence of any threat actor activity beyond the established timeline.
SandboxAQ bought French vendor Cryptosense to help organizations migrate and defend key stores and hardware security modules using post-quantum cryptography architecture. Combining SandboxAQ's network scanning capabilities with Cryptosense's visibility will help firms discard RSA-based encryption.
Existing security operations tools focus too much on detecting threats and creating alerts rather than stopping attacks before they happen, says Check Point CEO Gil Shwed, who claims the firm's new MPR and XPR tools will reduce the number of events security analysts handle by at least 90%.
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