Palo Alto Networks has been in a 19-month dry spell when it comes to major acquisitions, but it looks like that's about to change. Israeli business publication Calcalist reported Monday the firm is closing in on a deal to buy New York-based code risk platform provider Apiiro for around $600 million.
Password manager LastPass says the attackers behind the August security incident had access to its systems for four days. LastPass CEO Karim Toubba, sharing details about last month's breach, confirms that there is no evidence of any threat actor activity beyond the established timeline.
SandboxAQ bought French vendor Cryptosense to help organizations migrate and defend key stores and hardware security modules using post-quantum cryptography architecture. Combining SandboxAQ's network scanning capabilities with Cryptosense's visibility will help firms discard RSA-based encryption.
Existing security operations tools focus too much on detecting threats and creating alerts rather than stopping attacks before they happen, says Check Point CEO Gil Shwed, who claims the firm's new MPR and XPR tools will reduce the number of events security analysts handle by at least 90%.
Beleaguered vendor IronNet will execute another round of layoffs, axing nearly 90 employees and removing co-CEO William Welch and CFO James Gerber from their posts. IronNet revealed plans to reduce its 250-person staff by approximately 35% less than three months after laying off 55 people.
Silicon Valley-based startup Fortanix is looking to capitalize on the growing demand for security and encryption across on-premises data centers and major cloud providers through a recently completed $90 million Series C round of funding led by Goldman Sachs' equity arm.
The latest edition of the ISMG Security Report discusses the appearance at a Senate hearing this week by the former head of security for Twitter; the top-performing web application and API protection vendors, according to Gartner's Magic Quadrant 2022; and threat trends to watch for in 2023.
Apple issued a patch for a zero-day vulnerability likely exploited in the wild that allows a malicious iPhone app to execute arbitrary code with kernel-level privileges, marking the second smartphone kernel code execution bug fixed by the company in as many months.
Japanese conglomerate Hitachi has sold its small identity-as-a-service practice to Canadian software specialist Volaris Group to drive better execution around core products. The firm found it was easy to get lost within Hitachi given the conglomerate's size and focus on electronics and engineering.
Security researchers revealed yet another method for stealing a Tesla although the brand is one of the least-stolen cars and among the most recovered once pilfered. The newest example comes from internet of things security company IOActive in an attack involving two people and customized gear.
Netskope has built out a full SASE stack and helped enterprises secure their physical devices through the recent acquisitions of Infiot and WootCloud. Buying SD-WAN provider Infiot in August will boost the convergence of networking and security and help customers quickly on-ramp users in the cloud.
The California Department of Corrections and Rehabilitation reported a hacking incident that affected 236,000 individuals, potentially including any current or former inmate who since 2008 received a mental health diagnosis while incarcerated.
NortonLifeLock and Avast completed their $8.6 billion merger Monday, forming a $3.5 billion consumer cyber protection behemoth with expertise across security, privacy and identity. The fully merged company will have fewer than 4,000 employees and will initially go to market as NortonLifeLock.
Mandiant began its new life as part of Google on Monday after the search and public cloud behemoth closed a $5.4 billion acquisition. The megadeal will allow Google to join the back-end data analytics from its Chronicle SIEM platform with Mandiant's ability to identify signals of abnormal behavior.
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