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?
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.
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.
A Chinese law requiring mandatory disclosure to the government of vulnerability reports appears to be paying dividends for state-connected hacking. "The Chinese government is up-leveling their capabilities," says Adam Meyers, senior vice president of intelligence at CrowdStrike.
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.
Watch this video to learn about tips for preparing for incident response, improving threat detection capabilities, and hardening your environment in order to make intrusions like these less likely.
In this podcast, Rodman Ramezanian, global cloud threat lead at Skyhigh Security, discusses why the risk of data breaches is so high, how security teams can protect data wherever it resides, and why security leaders should embrace a new mindset for data protection.
Reddit says hackers penetrated its internal systems via a phishing attack but that user passwords and accounts appear safe. The self-proclaimed "front page of the internet" says the hackers gained access to its internal documents, code and some internal business systems.
Adopting hybrid or public clouds remains IT’s go-to means of achieving scale. While this transformation has improved price performance and advanced tech-driven business capabilities, including faster and deeper data insights, it hasn’t always engendered greater customer trust.
Attackers targeting unpatched VMware ESXi hypervisors to hit virtual machines have reportedly modified their ESXiArgs ransomware to prevent victims from using decryption workarounds identified by researchers. The campaign has already amassed nearly 3,000 known victims and could have many more.
Three of the planet's largest social media platforms suffered outages Wednesday, blocking some users at Twitter, Instagram and YouTube from accessing their accounts. At Twitter, many users received a message Wednesday saying they were "over the daily limit" and were unable to post.
An Ontario hospital says it is operating under "Code Grey" as it deals with a cybersecurity incident that occurred over the weekend. Meanwhile, hospitals in Maryland and Florida say they are still recovering from cyberattacks that hit last week and continue to affect a variety of patient services.
As the massive ESXiArgs ransomware campaign continues to target unpatched VMware ESXi hypervisors, cybersecurity experts have released a script that can decrypt at least some affected virtual machines. Ransomware trackers count at least 2,803 victims, primarily in France, the U.S. and Germany.
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