How do we manage the risk of global supply chain attacks? Will a shift in cybersecurity liability to software providers help improve the problems of software vulnerabilities? Adam Isles, principal of The Chertoff Group, said mandating software bill of materials measures has its own challenges.
Application security and delivery vendor F5 will shrink its workforce by 9% due to customers delaying purchasing decisions amid macroeconomic uncertainty. The Seattle-based firm will lay off 623 of its 7,100 employees as part of a cost-cutting effort that includes reducing F5's facilities footprint.
Akamai Technologies has agreed to purchase a finalist in last year's RSA Conference Innovation Sandbox Contest to get more visibility into the API threat landscape. Silicon Valley-based Neosec will help customers discover all their APIs, assess their risk and respond to vulnerabilities and attacks.
Snyk has executed its third round of layoffs since June 2022, axing 128 workers amid projections of challenging market conditions persisting into early 2024. The Boston-based application security vendor revealed Thursday plans to reduce its more than 1,200-person staff by an estimated 11%.
Microsoft has issued fixes for 114 vulnerabilities, including patching a zero-day flaw being actively exploited by a ransomware group and updating guidance to block a vulnerability from 2013 that was recently exploited for the software supply chain attack on 3CX users, attributed to North Korea.
Days after Google suspended the popular budget e-commerce application Pinduoduo from its Play Store, researchers are alleging that the Chinese app can bypass phones' security and monitor activities of other apps, including accessing private messages and changing settings.
There's much national security ado about how much user data gets collected by the Chinese-owned, wildly popular video-sharing app TikTok. But as France's ban of "recreational apps" from government-issued devices highlights, a bigger-picture approach for combating surveillance is required.
Recent high-profile breaches resulting from API attacks are "just the tip of the iceberg," said Gartner analyst Dionisio Zumerle. "What we have is a new way of exchanging information which is increasingly popular, and almost no organization has the recipe to secure that new way of communicating."
A now-patched bug that caused OpenAI to take down the ChatGPT chatbot for nine hours on Monday also revealed the last four digits of payment cards, the company disclosed Friday. One user said he saw the history of another account including the topics "phobia of rats" and "sexist music video clips."
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 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.
Wiz has become the most valuable venture-backed cybersecurity vendor in the world, raising $300 million on a $10 billion valuation just three years after its founding. The New York-based startup will use the Series D proceeds to guard more complex cloud environments and fulfill robust global demand.
Cybercrime experts have long urged victims to never pay a ransom in return for any promise an attacker makes to delete stolen data. That's because, as a recent case highlights, whatever extortionists might promise, stolen personal data is lucrative, and it often gets sold six ways from Sunday.
AT&T wants to unload its cyber assets just five years after doubling down on security through its $600 million purchase of threat intelligence vendor AlienVault. The Dallas-based carrier has been working with British banking firm Barclays to solicit bids for its cybersecurity business, Reuters said.
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