Cybereason has abandoned its IPO plans altogether and hired JPMorgan Chase to find a buyer, The Information reported Friday. Why is Cybereason no longer poised to make it to the IPO Promised Land? An unfavorable competitive environment and a muddled go-to-market strategy provide some clues.
In the latest weekly update, ISMG editors discuss the implications of the former Uber CSO's guilty verdict for the rest of the industry, the growing problem of keyless car theft, and the latest progress toward a passwordless future revealed at the annual FIDO Alliance conference.
The latest edition of the ISMG Security Report discusses how Russian-speaking ransomware gangs have their eyes on a new target, offers the latest on Australia's data security reckoning and the government’s response, and outlines emerging trends in customer identity and access management.
In the wake of former Uber CSO Joe Sullivan being found guilty of a criminal data breach cover-up, legal experts say CISOs shouldn't be running scare, but should ensure they have well-defined incident response playbooks and remember to always clearly document what they're doing and why.
Personal data from MyDeal, a marketplace owned by Australia's Woolworths Group grocery chain, has appeared for sale on a data leak forum. It comes as wine retailer Vinomofo disclosed a breach and as the Optus telecommunications breach continues to fuel data security concerns in Australia.
Australian health insurer Medibank Group says it has found no evidence of data compromise following its Wednesday detection of unusual network activity. The company, which serves nearly 4 million Australians, restored access to its policy websites on Friday.
Australian fruit and vegetable supplier Costa Group says it was subjected to a malicious and sophisticated phishing attack in August that resulted in unauthorized access to its servers. The company, listed on the Australian Securities Exchange, says that the attack occurred on Aug. 21.
A Baltimore, Maryland-based healthcare organization has agreed to spend nearly $8 million improving and maintaining its data security as "injunctive relief" to settle a class action lawsuit involving two data breaches that affected a total of about 540,000 individuals.
A U.S. federal jury found Joe Sullivan, former chief security officer of Uber, guilty of covering up a 2016 data breach that exposed the personal information of tens of millions of account holders. The trial was a landmark, likely marking the first time a chief security officer has faced criminal charges over an...
Australia's largest telecom provider acknowledged Tuesday a data breach, but said the data came from a now-defunct employee rewards program from 2017. A company executive accused the hacker behind the breach of seeking to profit from a tense climate created by a much larger breach at rival Optus.
Upscale Asian hotelier Shangri-La Group has copped to a data breach incident that may affect hundreds of thousands of guests. The hotel detected unauthorized access to its guest database in July but didn't notify guests or regulators until September.
The United States is arguably involved in a cyberwar against Russia and China - and appears to be losing. In this episode of "Cybersecurity Unplugged," Tom Kellerman of Contrast Security and Richard Bird of Traceable.ai discuss what the U.S. government and companies need to do to win this cyberwar.
The latest edition of the ISMG Security Report discusses what went wrong for Optus in the wake of one of Australia's biggest data breach incidents, the state of code security today and the growing trend of private equity firms pursuing take-private deals.
American Airlines says unauthorized access to its email system is behind a July data breach incident affecting more than 1,700 individuals. Someone synced with an employee's inbox to send out phishing emails that appeared to come from the Texas-based airliner.
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