Months after declaring "Carbon Black is Back," the endpoint security unit was gobbled up by Broadcom and folded into its Symantec security team. "We would generate more value to our shareholders by taking Carbon Black - which is not that big - and integrating it into Symantec," CEO Hock Tan said.
The New York-based cloud security phenom is speaking with several investors include Thrive, Lightspeed Venture Partners, G Squared, Sequoia and Cyberstarts in hope of raising roughly $800 million at a valuation of more than $10 billion. The cash infusion would help Wiz finance future acquisitions.
The Change Healthcare attack is already providing valuable lessons to healthcare firms - mostly about the importance of resilience, especially when it comes the industry's supply chain and third parties, said Nitin Natarajan, deputy director of the Cybersecurity and Infrastructure Security Agency.
The Conservative government of British Prime Minister Rishi Sunak says it won't champion a reinsurance plan for cyber insurance similar to flood insurance, telling a parliamentary committee it doesn't want to "damage competition." Global ransomware payments surged to record levels during 2023.
The U.S. Cybersecurity and Infrastructure Security Agency apparently had a good reason to urge federal agencies to reset vulnerable Ivanti VPN devices: Hackers breached two gateways used by CISA, forcing the agency to yank them offline. The agency "immediately took offline" the affected VPNs.
UnitedHealth Group expects some key IT systems and services affected by the recent cyberattack on its Change Healthcare unit to regain functionality over the next week to 10 days. Certain pharmacy services are already restored. But the American Medical Association is not impressed.
The National Security Telecommunications Advisory Committee is recommending the administration work to establish financial incentives, such as tax deductions and federal grants, for critical infrastructure owners and operators that implement enhanced cybersecurity standards.
A last-ditch attempt by British lawmakers to amend a bill expanding electronic communication interception by the U.K. authorities failed despite concerns over pervasive surveillance. The proposal would authorize interception of bulk personal datasets with "limited or no expectation of privacy."
As ransomware groups are causing massive damage and disruption and showing no signs of stopping, cybersecurity policy expert Ciaran Martin said it's time for governments to start asking tough questions and "figure out how to make a ransomware payments ban work."
Hackers are mass-exploiting a recently disclosed critical authentication bypass vulnerability in on-premises versions of TeamCity. JetBrains fixed the bugs in a Monday update, but researchers warn users running unpatched instances to assume compromise.
The U.S. Cybersecurity and Infrastructure Security Agency hopes to expand voluntary information sharing between the federal government and open-source software operators with a series of actions the agency announced following a two-day open-source security summit held at its Virginia headquarters.
Federal authorities have accused a Chinese national who worked as a CTO in a Google supercomputer data center of stealing the company's proprietary artificial intelligence secrets and sharing them with Chinese companies, according to an indictment unsealed on Wednesday.
Cybercrime reports submitted by victims to the FBI's Internet Crime Complaint Center surged last year, and the total reported losses exceeded $12.5 billion. Investment fraud and business email compromise losses dominated, and ransomware attacks spared almost no critical infrastructure sector.
Fusty and fussy operational technology devices are probably the farthest things away from a web server. Except - not anymore. But web servers embedded into industrial firmware are also a potential bonanza for hackers, say researchers from the Georgia Institute of Technology.
Yaniv Vardi shares how $100 million of strategic growth financing from Delta-v Capital will empower Claroty to secure critical infrastructure across verticals such as the public sector and transportation and geographies including the United States and Japan, setting the stage for an IPO.
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