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.
The latest edition of the ISMG Security Report discusses financial giant Morgan Stanley's failure to invest in proper hard drive destruction oversight, the future of ransomware and the gangs that have attacked organizations in recent years, and the methods required to secure new payments systems.
Whoever stole $160 million from Wintermute, the cryptocurrency trading firm's CEO, Evgeny Gaevoy, would like the money back, minus 10% that's on the house. A hack of the London-based crypto market maker rocked the company, which supplies liquidity to cryptocurrency trading.
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.
Deep Instinct has tasked the former CEO of Palo Alto Networks and COO of Zscaler with reworking the company's go-to-market strategy to better serve large enterprises. The company has moved longtime executive Lane Bess from the executive chair to the CEO's seat to recruit experienced sales leaders.
A newly uncovered vulnerability in a wallet addressing tool may be the reason a hacker stole $160 million in digital assets from market maker Wintermute. The company's CEO tweeted that the company is solvent and will honor requests to repay lenders.
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.
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.
Ransomware gives cryptocurrency a bad name. U.S. federal regulators have noticed, publishing on Friday a slew of recommendations for ensuring that the blockchain world isn't a criminal haven. Among them are legislative proposals that would strengthen anti-money laundering statutes.
Beleaguered vendor IronNet will execute another round of layoffs, axing nearly 90 employees and removing co-CEO William Welch and CFO James Gerber from their posts. IronNet revealed plans to reduce its 250-person staff by approximately 35% less than three months after laying off 55 people.
Foreign investment into the U.S. will undergo added scrutiny for its implications to cybersecurity and data protection under an executive order signed by President Joe Biden. The order focuses on potential security risks of direct investors as well as their ties to third parties that may pose risks.
A host of emerging technologies - including artificial intelligence, 5G cellular, quantum computing, nanomedicine and smart hospitals - offer the potential to revolutionize healthcare, but organizations must carefully evaluate the security risks, federal authorities warn.