.png?width=200&height=78&name=CH%20Diligence%20(thicker%20line).png "CH Diligence (thicker line).png")
TechCrunch: Mark up another unicorn and large funding round for the cybersecurity industry: Kiteworks, which builds tools to secure email communications, file sharing and situations where people work with sensitive data, has raised $456 million from Insight Partners and Sixth Street Growth. The investment values the company at over $1 billion.
CSO Online: Generative AI, which has the unique ability to create original content and actions, had its conceptual origins in 1906 when Russian mathematician Andrei Andreevich Markov created a stochastic model of probabilities known as the Markov chain.
Yahoo Finance: The owners of eSentire are exploring options including a potential sale that could value the cybersecurity company at about $1 billion, including debt, according to people familiar with the matter.
Dark Reading: A combination of factors caused the CrowdStrike Falcon endpoint detection and prevention (EDR) sensor to crash, resulting in the global outage affecting 8.5 million Windows systems in July, the company said in a root-cause analysis of the incident.
The Target: HealthEquity, a Utah-based health savings account (HSA) provider.
The Take: The stolen information included a mix of benefits sign-up information that varied by customer. That mix could include name, address, phone number, employee ID, employer, Social Security number, and dependent information.
The Vector: The company said in a notice that a hacker managed to breach an "an unstructured data repository outside our core systems" containing customer data, making off with various kinds of personally identifiable information.
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.
MSN: A ransomware attack on a technology service provider has forced payment systems across nearly 300 small Indian local banks to shut down temporarily, two sources directly aware of the matter said.
Yahoo Finance: American cybersecurity company Tenable Holdings is exploring various strategic options, including a potential sale, following expressions of interest from potential buyers, reports Bloomberg.
BNN Bloomberg: Canadian organizations embroiled in data breaches wind up paying an average $6.32 million to resolve the incidents, a new study from IBM says.
Dark Reading: On July 19, the world experienced one of the largest IT outages in history, affecting millions of users globally, and systems and people will be reeling from its impact for weeks.
Forbes: The highly anticipated U.S. Security and Exchange Commission rules on cybersecurity risk management, strategy, governance and incident disclosure went into effect in December.
Castle Hall helps investors build comprehensive due diligence programs across hedge fund, private equity and long only portfolios More →
Montreal
1080 Côte du Beaver Hall, Suite 904
Montreal, QC
Canada, H2Z 1S8
+1-450-465-8880
Halifax
84 Chain Lake Drive, Suite 501
Halifax, NS
Canada, B3S 1A2
+1-902-429-8880
Manila
Ground Floor, Three E-com Center
Mall of Asia Complex
Pasay City, Metro Manila
Philippines 1300
Sydney
Level 36 Governor Phillip Tower
1 Farrer Place Sydney 2000
Australia
+61 (2) 8823 3370
Abu Dhabi
Floor No.15 Al Sarab Tower,
Adgm Square,
Al Maryah Island, Abu Dhabi, UAE
Tel: +971 (2) 694 8510
Copyright © 2021 Entreprise Castle Hall Alternatives, Inc. All Rights Reserved.
Terms of Service and Privacy Policy