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CSO Online: When a large company announces the acquisition of another organization, it’s often perceived as just being a financial transaction.
Dark Reading: Over 40% of security leaders cite enhancing and optimizing technology and processes in the security operations center (SOC) as a top priority for improving defenses against the rise of AI powered threats according to the Darktrace State of AI Cybersecurity 2024 report.
BizTech Magazine: At least $5 million. Perhaps as much as $10 million. That was the economic damage done to the majority of the financial institutions that experienced a data breach in the past five years and were able to estimate a cost.
GlobeNewswire: Fortinet®, the global cybersecurity leader driving the convergence of networking and security, announced that it has entered into a definitive agreement to acquire Lacework, the data-driven cloud security company.
The Target: Ticketmaster, the world’s leading online ticketing platform owned by Live Nation.
The Take: The stolen data trove reportedly includes names, addresses, phone numbers, and partial credit card information.
The Vector: While the specific circumstances of the breaches—including exactly what information was stolen and how it was accessed—remain unclear, the incidents may be linked to attacks against company accounts with cloud hosting provider Snowflake.
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.
Dark Reading: Notable Capital, a global venture capital firm, announced the inaugural launch of "Rising in Cyber," an independent list recognizing the 30 most promising cybersecurity companies as selected by Chief Information Security Officers (CISOs), security leaders, and startup investors.
Yahoo Finance/Reuters: CrowdStrike Holdings Inc forecast second-quarter revenue above market estimates, helped by strong demand for its cybersecurity offerings in the wake of growing online challenges spurred by the use of artificial intelligence (AI).
SecurityWeek: Over 200,000 more cybersecurity workers are needed in the United States to close the talent gap, according to data from CyberSeek. CyberSeek, a joint initiative of NIST’s NICE program, CompTIA, and Lightcast, aims to provide detailed and actionable data on the cybersecurity job market.
Coindesk: Web3 cybersecurity company GoPlus has raised $10 million in a private financing round with participation from a host of heavyweight crypto investors including OKX Ventures, HashKey Capital and Animoca Brands, according to an emailed announcement shared with CoinDesk.
MSN: The ransomware business is booming in Canada. Recent victims have included large corporations such as retailer London Drugs, as well as the City of Hamilton, Ont., and the government of Newfoundland and Labrador.
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