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Dark Reading: Economic uncertainty puts enormous pressure on cybersecurity startups already struggling to break into a crowded market. It's bad news for both these nascent companies and their potential customers: As cyberattacks grow more prevalent, the need for innovative solutions from startups is greater than ever.
Bleeping Computer: Some of the victims affected by the 3CX supply chain attack have also had their systems backdoored with Gopuram malware, with the threat actors specifically targeting cryptocurrency companies with this additional malicious payload.
Cision: Trend Micro Incorporated, a global cybersecurity leader, today published new research detailing how criminal groups start behaving like corporations as they grow bigger, but that this comes with its own attendant costs and challenges.
Liberty Mutual: Cyber is a complex and constantly evolving challenge for any company but couple cyber risk with private equity activity and the risks can be compounded exponentially.
DarkReading: Financial activity in the cybersecurity industry declined sharply in the first quarter of 2023 compared to the same period in 2022, and analysts tracking the sector expect little improvement until at least the second half of the year.
McKinsey & Company: Private equity (PE) investments in software—500-plus deals of more than $100 billion in value last year—have outperformed other investments made by the asset class for upward of a decade.
Information Week: Despite all the conversations about diversity initiatives and efforts in the past few years to get more women in STEM careers, it often seems the needle is moving slowly. Too often, these conversations are just that -- talking points that sound good but aren’t connected to action-oriented strategies.
BNN Bloomberg: Ransomware gangs didn’t come out with any big new innovations last year, but “what 2022 lacked in innovation it made up for in volume,” according to a report by a financial services group.
Dark Reading: Companies continue to value cybersecurity skills, but many have moved their focus from hiring cybersecurity professionals to training up in-house staff on needed cybersecurity skills.
BNN Bloomberg: Coalition Inc., a cyber-insurance provider that tries to curb digital risk, has designed technology that simulates large-scale attacks to help insurers identify potential weaknesses in their portfolios and prevent widespread losses.
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