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PR Newswire: Trend Micro Incorporated, a global cybersecurity leader, today revealed that four-fifths (79%) of global cybersecurity leaders have felt boardroom pressure to downplay the severity of cyber risks facing their organisation.
MSN: Palo Alto Networks' fourth-quarter billings forecast disappointed investors, a sign of tight corporate spending on cybersecurity solutions, sending its shares down more than 8% in aftermarket trading.
Dark Reading: ZeroRisk Cybersecurity is thrilled to announce the launch of its U.S. operations including the opening of its first U.S. office, marking a significant milestone in the company's global expansion strategy.
Yahoo Finance: CyberArk Software Ltd. agreed to buy Venafi, a cybersecurity company backed by private equity firm Thoma Bravo, for $1.54 billion.
The Target: Firstmac is a significant player in Australia's financial services industry, focusing primarily on mortgage lending, investment management, and securitization services.
The Take: From the investigation that followed, assisted by external cybersecurity experts, Firstmac determined that the following information was compromised: First name, Residential address, Email address, Phone number, Date of birth, External bank account information, Driver’s license number.
The Vector: Firstmac experienced a cyber incident where an unauthorised third party accessed a part of their IT system.
This breach is a stark reminder of how strong authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.
Yahoo Finance: Private equity giant Thoma Bravo has announced that its security information and event management (SIEM) company LogRhythm will be merging with Exabeam, a rival cybersecurity company backed by the likes of Cisco and Lightspeed Venture Partners.
TechReport: A prominent crypto hedge fund, BlockTower Capital, has emerged as the last firm to suffer a major blow from hackers. According to reports, hackers infiltrated the company’s system, carting away a hefty sum from its assets under management (AUM).
Dark Reading: Lawmakers in Singapore updated the nation's cybersecurity regulations on May 7, giving more power to the agency responsible for enforcing the rules, adopting definitions of computer systems that include cloud infrastructure, and requiring that critical information infrastructure (CII) operators report any cybersecurity incident to the government.
Yahoo Finance: Spanish bank Santander said some customer and employee data in a database hosted by an outside provider was accessed by an unauthorized party, but that the bank's own operations and systems have not been affected.
Forbes: When listening to industry watchers extolling the promises of AI, you'd expect cybersecurity experts to soon be obsolete. AI will securely configure systems, detect abnormal behavior and react faster than any human ever can.
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