Key to the business success of top ransomware groups remains their ability to find innovative new ways to amass victims. For Hive, which received more than $100 million in ransom payments before being disrupted by law enforcement, the new business strategy that helped it thrive was co-working.
CrowdStrike hopes to capture more small and midsized organizations through a new product bundle, revamped e-commerce portal and renewed partnership with Dell. CEO George Kurtz says becoming the exclusive endpoint security partner of PC giant Dell will help CrowdStrike reach small businesses.
Arctic Wolf has expanded its security operations platform into threat intelligence, incident response and cyber insurance, says CEO Nick Schneider. The company has focused on putting businesses in the best possible position to answer questions from insurance carriers following a security incident.
Here's further proof many cybercriminals are rampant self-promoters: Credit card market BidenCash, which sells compromised payment card data, dumped 2 million payment cards for free. This shows that competition between carder markets - and increasingly, Telegram-based vendors - is fierce.
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.
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