In the 21-month stretch from October 2020 to June 2022, a whopping 48 cybersecurity startups received 10-figure valuations as investors evaluated prospects on potential rather than performance. Now that the financial boom has gone bust, what happens to these unicorns from a different economic era?
A new federal strategy to make commercial manufacturers liable for insecure software requires an attainable safe harbor policy and could be a disincentive for software manufacturers in sharing important vulnerability information with the U.S. government, according to industry observers.
In this week's roundup: an incident affecting News Corp and ransomware at Dish Network, Washington's Pierce Transit and the U.S. Marshals Service. Also: a DDoS attack on Danish hospitals from a threat actor that isn't what it claims and a bit of good news about a ransomware decryptor.
High street retailer WH Smith reports that it suffered a hack attack that led to the exposure of current and former employees' personal data, but no exposure of customer data or website disruption. It's the latest big British business in recent months to suffer a data breach or ransomware attack.
Summa Equity bought a majority stake in Logpoint to help the security operations firm expand in areas such as automation, detection and response, and attack surface management. The sustainable growth fund says the acquisition will allow the company to acquire technologies in adjacent areas.
Okta Identity Governance has enjoyed success in its first quarter of global availability as businesses unify access management and governance. Okta is surprised by the amount of traction its governance offering has gained with large enterprises and in competitive bake-offs, says CEO Todd McKinnon.
The situation at LastPass keeps getting worse: The company says hackers implanted keylogger software on a DevOps employee's home computer to obtain access to the corporate vault. Customer vault data can be decrypted only with the end user master password, which LastPass doesn't store.
With signs pointing to a global economic downturn, cybersecurity organizations are already thinking about managing budgets and doing more than less. Four CISOs share a wide range of belt-tightening tips, from putting the squeeze on your vendors and suppliers to training and hiring from within.
For the first time in its 17-year history, application security vendor Checkmarx will have a new leader. The company has tapped Sandeep Johri, the longtime chief executive at software testing vendor Tricentis, to serve as its new CEO less than two years after being acquired by Hellman & Friedman.
CyberMaxx has landed the former CEO of cloud security vendor Threat Stack to bring offensive and defensive cybersecurity services together on one platform. The Nashville-based firm has tasked Brian Ahern with creating managed detection and response bundles with offensive and defensive capabilities.
A Chinese law requiring mandatory disclosure to the government of vulnerability reports appears to be paying dividends for state-connected hacking. "The Chinese government is up-leveling their capabilities," says Adam Meyers, senior vice president of intelligence at CrowdStrike.
A lack of visibility makes it nearly impossible to protect an organization against attack. If you can't see what's lurking in the dark corners of your environment, all you can do is react instead of actively identifying and mitigating risks. But some technologies can help with threat visibility.
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