The report from Israeli publisher Globes that CrowdStrike plans to spend $2 billion buying one or more Israeli cybersecurity companies sent shockwaves through the industry. Here's a look at six security startups with a large presence in Israel that could be a good fit for CrowdStrike.
Data breaches in the healthcare sector cost about $10.1 million - more than double the average cost of breaches across other industries - once again ranking the sector as having the most expensive data breaches, says Limor Kessem, principal consultant of cyber crisis management at IBM Security.
The ISMG Security Report analyzes a settlement with the U.S. Justice Department, in which Uber accepts responsibility for a data breach cover-up to avoid criminal charges. It also discusses why early-stage startups are conserving cash and recent initiatives from the U.S. Federal Trade Commission.
The chairman of the U.S. House Intelligence Committee vowed more action against makers of advance spyware such as Israel's NSO Group while witnesses pressed the panel to commit the intelligence community's resources to disrupting spyware companies.
Human and PerimeterX will join forces to prevent fraud and account abuse and address a broader range of use cases. The combination will create a bot mitigation monster with 450 employees, more than $100 million in annual recurring revenue and more than 500 customers across media and e-commerce.
A nice $10 million awaits tipsters capable of providing the U.S. federal government with information leading to the identification of state-sponsored hackers who attack systems vital to America's day-to-day operations. Of special interest are hackers employed by North Korea.
A recent Securities and Exchange Commission filing by Tenet Healthcare, a major Dallas-based healthcare delivery organization, provides the latest public peek into the hefty impact a disruptive cyber incident can have on a healthcare entity's finances.
Security researchers identified a rootkit active as recently as 2020 that's made to burrow deep into computers when firmware initiates the operating system. Infected motherboards examined by Kaspersky all ran on Intel's H81 chipset. The malware comes from an unknown Chinese-speaking threat actor.
Michael Alan Stollery, the chief executive of Titanium Blockchain, pleaded guilty in U.S. federal court to securities fraud in a scheme involving a fraudulent cryptocurrency initial coin offering in which $21 million was stolen. Stollery faces up to 20 years of imprisonment.
Federal regulators say credit unions should report cyber incidents within 72 hours, including those experienced by third-party vendors that process member data. Just five deposit, payment, and data processing service companies dominate the credit union market.
One Identity selected ex-LogRhythm CEO Mark Logan as its next leader and tasked him with standing the Quest subsidiary up as a stand-alone entity. The company offers identity governance, privileged access, identity management and Active Directory management solutions thanks to buying OneLogin.
Big, bad bugs - including the likes of Heartbleed, BlueKeep and Drupalgeddon - never seem to burn out. Instead, they just slowly fade away, despite the risk that attackers will successfully exploit them to steal data, seize control of systems or deploy ransomware.
A music streaming blockchain service patched a bug on a smart contract that had gone undetected since 2020. An attacker used it to steal $AUDIO crypto tokens worth nearly $6 million and sold them for more than $1 million. The vulnerability wasn't detected by multiple smart contracts security audits.
New draft guidance from the National Institute of Standards and Technology - if properly applied by HIPAA regulated entities - could help organizations avoid fines and similar enforcement actions by regulators in the wake of breaches, some experts say.
Nascent startups have ditched the "growth at all costs" mantra of 2021 to hold onto enough cash to weather the macroeconomic storm expected later this year. Gone are the days of security vendors promising to double annual sales while burning cash even faster than they bring in new business.
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