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.
Indian passenger airline SpiceJet says an attempt at a ransomware attack was made against its IT infrastructure on Tuesday night. The airline says the attack was "contained," and it has resumed regular operations. Passengers continued to complain about takeoff delays until noon local time.
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.
Mark Zuckerberg, CEO of Facebook parent Meta, is being sued for failing to protect users of the social media platform during the Cambridge Analytica privacy scandal. The lawsuit on behalf of the District of Columbia was initiated by Washington, D.C. Attorney General Karl A. Racine.
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.
The U.S. is setting up a Joint Ransomware Task Force, headed by the Cybersecurity and Infrastructure Security Agency and the FBI, as well as two international initiatives, chaired by the Department of Justice, to tackle illegal cryptocurrency activities related to ransomware.
In this edition, Ari Redbord and Grant Schneider join ISMG editors to discuss the challenges ahead for the U.S. government as it plans to roll out EDR deployments at more than half of federal agencies this year, how stable the stablecoin economy really is and how to improve industry collaboration.
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.
The healthcare services in the island country of Greenland, an autonomous Danish dependent territory, have been crippled by a cyberattack that began on May 9, 2022. Healthcare executives continue to face IT challenges to date, including lack of access to patient records and email services.
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.
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