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The Guardian: A CrowdStrike senior executive apologized for causing a global software outage that ground the operations of hospitals, airports, payment systems and personal computers around the world to a halt in July.
BNN Bloomberg: Cybersecurity startup Wiz Inc. is in discussions to sell existing shares at a valuation as high as $20 billion, according to people with knowledge of the matter.
Yahoo Finance: One of the main drivers contributing to the growth of the cybersecurity insurance market is the increasing number of cyberattacks, which escalate in frequency and become more sophisticated.
Dark Reading: MoneyGram's systems and payment services are down due to a "cybersecurity issue," with no clear timeline as to when it will be back up and running once more. The money-wiring service's in-person and online payment systems have been down since Friday, Sept. 20.
PR Newswire: Cybersecurity is the top technology priority for the vast majority of organizations, but moving from aspiration to reality requires a top-to-bottom commitment that many companies have yet to make, according to new research released today by CompTIA, the nonprofit association for the technology industry and workforce.
Tech Monitor: The UK, the US, and Canada are set to collaborate on research, development, testing, and evaluation of technologies related to artificial intelligence (AI), cybersecurity, resilient systems, and information domain-related innovations.
The Target: Stillwater Mining Company, the owner of the only platinum and palladium mines in the U.S.
The Take: In addition to names and contact information, the hackers stole government ID information, passport numbers, Social Security numbers, tax ID numbers, birth certificates, financial information like bank account numbers and medical information like health plan numbers.
The Vector: Stillwater Mining Company told regulators that hackers breached company systems in the middle of June but the incident was only discovered on July 8. The investigation into the attack is ongoing, but the mining company said it was able to confirm the data breach on August 19.
This breach highlights the extreme importance of timely software updates for known software vulnerabilities, not only in systems directly under a firm’s control, but in third-party systems the firm relies upon as well. The longer a firm, or its vendors, hold out on deploying the most up-to-date software for their systems, the greater the chance an attacker will exploit the issue.
BNN Bloomberg: The demand for comprehensive cybersecurity services is only going to keep growing as businesses face new threats on a daily basis, the head of Palo Alto Networks says.
PR Newswire: EQT is pleased to announce that the EQT Mid Market Europe fund ("EQT"), together with its co-shareholders, have agreed to sell Open Systems ("Company") to Swiss Post.
Yahoo Finance: Craig Newmark Philanthropies, in partnership with Wondros, has launched a national cybersecurity public service campaign to help Americans become more resilient against increasingly pervasive and sophisticated cyber threats.
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