High-flying cybersecurity startup Lacework has announced layoffs - affecting 20% of its employees, according to one report - in a bid to strengthen its balance sheet, just six months after raising $1.3 billion. The cloud security vendor says it has restructured its business in response to a seismic shift in the public...
Cribl has raised $150 million to drive the development of new features such as hosted versions of the company's technology. The company will build out separate tools for each piece of the observability process rather than forcing customers to purchase a bundle with features they don't care about.
Ransomware has grown 13% year on year in 2022, a jump greater than the past five years combined, a Verizon Business 2022 Data Breach Investigations Report published on Tuesday shows. It says financial gain continues to be the primary motive for attacks, followed by espionage.
WhiteSource has renamed itself Mend as the company pushes beyond software composition analysis to become a broad application security platform with automated remediation. The name WhiteSource didn't have any negative connotations when the company was founded, but some people today find it offensive.
Hacking incidents recently reported as major breaches by three different types of health sector entities - a children's hospital, a managed care plan and a government contractor - have in total compromised the sensitive information of more than 1.4 million individuals.
Semperis has closed a Series C funding round to expand geographically and enhance identity protection and threat mitigation with AI and ML capabilities. The AD security provider plans to use the $200 million to expand into safeguarding additional cloud applications and cloud identity providers.
The ICO has imposed a penalty of 7.5 million pounds on Clearview AI Inc. for using scraped U.K. citizen facial images for its facial recognition database. The agency has directed the firm to delete images of all U.K. citizens and to stop scraping data from the open internet.
A cyberattack detected in December at a Canadian healthcare entity has compromised a wide range of data, including some patient information dating back to 1996, as well as employee vaccination records from last year. Some of the affected data belonged to a nonprofit group of affiliated clinicians.
Accelerated digital transformation has only complicated the identity verification challenge for enterprises. But Chuck Moore of Early Warning has behavioral analytics and anomaly detection can combine to both reduce fraud and friction that often comes with traditional authentication methods.
Microsoft has observed a 254% increase in activity over the past six months from a Linux Trojan called XorDdos. First discovered in 2014, XorDdos was named after its denial-of-service-related activities on Linux endpoints and servers and its usage of XOR-based encryption for its communications.
In the latest update, four ISMG editors discuss the alarming, bizarre case of a cardiologist in Venezuela charged with developing malware and recruiting affiliates, recent ransomware and data leak incidents in healthcare and how the economy is causing mature cybersecurity startups to slow hiring.
When Colonial Pipeline suffered an outage in May 2021 as a result of an attack by the DarkSide crime syndicate, numerous governments changed their approach to ransomware and began treating it as a national security threat, says Rapid7's Jen Ellis. She details what needs to happen next.
The Russian-language criminal syndicate behind the notorious Conti ransomware has retired that brand name, after having already launched multiple spinoffs to make future operations more difficult to track or disrupt, threat intelligence firm Advanced Intelligence reports.
Given the growing threat landscape alongside an ever-expanding attack surface, organizations need even higher levels of protection. However, more security vendors result in complex security operations and increases costs. Converging cybersecurity capabilities in a cloud-delivered security solution can drive higher...
Palo Alto Networks' product portfolio is paying dividends as customers look to reduce their vendor footprint, says CEO Nikesh Arora. He says despite pressures in the global economy, enterprises aren't currently stressing about their IT budgets.