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BNN Bloomberg: BlackBerry Ltd., wrapping up a strategic review of its options, plans to hold an initial public offering for the company’s Internet of Things division, separating the business from its main cybersecurity operations.
Chief Investment Officer: Cybersecurity breaches reported by British financial services companies more than tripled in the 12-month period ending June 30, with the pension sector reporting the biggest increase at 4,000%, according to research from international law firm Reynolds Porter Chamberlain.
PR Newswire: Following the Securities and Exchange Commission's (SEC) adoption of new rules for cybersecurity risk management, strategy, governance, and incident disclosure by public companies, 64.8% of public company executives say their organizations will strengthen their cybersecurity programs, according to a new Deloitte poll.
PR Newswire: Strategic Cyber Ventures, a leading cybersecurity-focused venture capital firm, is excited to announce a $1 million dollar investment into Evo Security's latest funding round. Evo Security builds enterprise-grade identity and access management products tailored for IT Managed Service Providers (MSPs).
Business Wire: Global security leader Forcepoint today announced the completed acquisition of the company’s Global Governments and Critical Infrastructure (G2CI) cybersecurity business by TPG, a global alternative asset management firm.
Chief Investment Officer: Cybersecurity risks are omnipresent. September’s hack of MGM Resorts International and Caesars Entertainment showed just how vulnerable companies can be, no matter how large or small.
The Target: Software bug-tracking company Rollbar
The Take: Sensitive customer information, including usernames and email addresses, account names, and project information, such as environment names and service link configuration.
The Vector: The security breach was discovered by Rollbar on September 6 when reviewing data warehouse logs showing that a service account was used to log into the cloud-based bug monitoring platform. Once inside Rollbar's systems, the threat actors searched the company's data for cloud credentials and Bitcoin wallets.
This breach is a stark reminder of how important authentication controls are in an overall robust cybersecurity posture, and more critically, ensuring these controls are in place on all third-party vendors which have access to a firm’s data.
CNBC: Cisco is acquiring cybersecurity software company Splunk for $157 per share in a cash deal worth about $28 billion, the company said in its largest acquisition ever.
PR Newswire: Evolution Equity Partners, a leading cybersecurity-focused venture capital firm, is pleased to announce its partnership with Women Who Code, a global nonprofit organization dedicated to empowering diverse women to excel in technology careers.
TechCrunch: HiddenLayer, a security startup focused on protecting AI systems from adversarial attacks, announced that it raised $50 million in a funding round co-led by M12 and Moore Strategic Ventures with participation from Booz Allen Hamilton, IBM, Capital One and TenEleven.
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