The recent drop in stock prices has presented private equity firms with a golden opportunity to acquire fast-growing public cybersecurity companies without breaking the bank. Financial buyers have taken advantage, scooping up five of the less than 30 public pure-play cybersecurity vendors.
Half of the 10 largest health data breaches so far in 2022 - affecting millions of individuals - have been added to the federal tally in just the last month as the latest wave of major hacking incidents being reported to regulators continues to grow.
Ransomware attacks have come storming back after experiencing their typical end-of-the year decline. Security researchers report that the greatest number of known victms has been amassed by Lockbit, followed by Conti, Hive and Alphv/BlackCat.
There were no CISOs when Marene Allison started her career. There was not even a cybersecurity discipline. But starting with a distinguished stint in the military, she has progressed through the public and private sectors - including time with the FBI - to become CISO for Johnson & Johnson.
DeFi platform Deus Finance has been hit by hackers for the second time in two months, likely raking up losses of about $10 million in the latest incident. Its co-founder Lafayette Tabor tells ISMG that the incident was the result of a zero-day exploit. The firm is currently investigating the matter.
Researchers have observed China-based, government-sponsored threat actors collecting intelligence by targeting Russian government officials with an updated variant of a remote access Trojan known as PlugX. And Microsoft shares a detailed report about Russian cyberattacks observed against Ukraine.
The Five Eyes intelligence alliance has released a set of the 15 most routinely exploited vulnerabilities in the past year. Nine of the 15 vulnerabilities allow remote code execution, and the rest include privilege escalation, security bypass and path traversal, among other flaws.
Synopsys has agreed to buy WhiteHat Security from NTT Security for $330 million to defend web applications in production environments in an automated, scalable fashion. WhiteHat will provide continuous security testing for hundreds or thousands of apps on live websites in a production-safe manner.
Forrester analysts Allie Mellen and Jeff Pollard discuss their new research on the analyst experience, or AX. AX involves how security analysts perceive their interactions with security products, services and processes, and Mellen and Pollard say it can improve the SOC and security analyst workflow.
The American Dental Association allegedly was hit with an attack by new ransomware group "Black Basta." ADA is the latest medical professional organization to have a cyber incident disrupt services and potentially affect members' information. Tenet Health also experienced a cyberattack last week.
Check Point is aggressively expanding its salesforce and standing up "rockets" focused on emerging technology areas to land more customer deals outside network security. The company will couple 25% growth in its salesforce with dedicated investments around cloud security, email security and MDR.
Ransomware group Stormous, in a Telegram post on Monday, said that it has breached and exfiltrated 161GB worth of critical data from beverage manufacturing giant Coca-Cola. The soft drink company has told Information Security Media Group that it is investigating the claim.
The U.S. government on Tuesday announced a reward of up to $10 million for information pertaining to six alleged Russian military hackers tied to the 2017 NotPetya destructive malware campaign. The malware spread globally, causing commercial damage of up to $10 billion.
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