The firm founded by retired four-star Army Gen. Keith Alexander and once valued at $1.2 billion has officially turned off the lights. IronNet on Friday ceased business operations and terminated remaining employees after probing alternatives and finding additional sources of cash unavailable.
The maker of the world's most popular VPN service hauled in $100 million on a $3 billion valuation to accelerate growth through mergers and acquisitions. The Warburg Pincus-led investment will allow the Lithuania-based internet privacy and security vendor to expand its product offering.
Specialty infusion company Amerita is facing a proposed federal class action lawsuit in the wake of a March cyberattack on its parent company, PharMerica, which reported a breach affecting nearly 6 million individuals. Amerita recently reported its own breach that affected about 220,000 people.
This week, Johnson Controls suffered a ransomware attack, the Philippine state health insurance program was recovering from ransomware, Air Canada reported a cyberattack, an APT group used the American Red Cross as bait, new malware targeted Bitwarden, and a LATAM cybersecurity conference occurred.
Welcome to "Cyber Fail" - ISMG's roundup of all that's broken in the world of cybersecurity, where our panel of experts uncovers the fails so we can strengthen our defenses. In this episode, ISMG host Anna Delaney takes on bumbling cybercrooks, avoidable breaches and the ethics of paying a ransom.
A Chinese hacking group linked to state authorities has upgraded its capabilities to target companies with headquarters in the United States and East Asia, warns an alert from Japanese and American cyber agencies. The group, BlackTech, has a customized firmware backdoor tailored for Cisco routers.
A data security startup led by a Microsoft and Google veteran and backed by Samsung and CrowdStrike could soon be acquired by Palo Alto Networks. The company is in advanced talks to buy data security posture management startup Dig Security for between $300 million and $400 million.
CISA Director Jen Easterly urged citizens to boost their defenses by choosing strong passwords, opting for multifactor authentication, reporting phishing and enabling automatic software updates. Easterly said users should choose passwords that are complex and unique to each sensitive account.
Microsoft updated Windows 11 on Tuesday to simplify passwordless adoption, protect against malicious code and have the ability to refresh configuration in the event of tampering. Updates to Windows 11 allow users to replace passwords with passkeys to stop hackers from exploiting stolen passwords.
Addressing the cybersecurity needs of under-secured markets presents a unique set of challenges. Jim Simpson and Heidi Craun of Blumira discuss why traditional XDR solutions fall short and how their approach helps firms strengthen their cybersecurity posture while enhancing customer experience.
CyberArk, BeyondTrust and Delinea maintained their spots atop Gartner's privileged access management Magic Quadrant, while One Identity, Wallix and Arcon fell from the leader ranks. Over the past half-decade, PAM has gone from being required for large companies to being an insurance prerequisite.
Security practitioners are skeptical of Cisco's proposed $28 billion Splunk purchase given the networking giant's track record around funding and investing in previous acquisition targets. Forrester's Allie Mellen expects some customers to try out other SIEM tools given Cisco's heritage in hardware.
Under new U.S. Securities and Exchange Commission rules, companies must disclose material cybersecurity incidents and annually report on cybersecurity risk management, strategy and governance. Alex Hamerstone, advisory solutions director at TrustedSec, discussed the challenges ahead.
The count of organizations affected by the Clop ransomware group's most recent mass targeting of Progress Software's secure file transfer software doubled last week. National Student Clearinghouse warned that data tied to nearly 900 colleges and universities had been stolen from its MOVEit server.
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