A data security startup led by a Microsoft and Google veteran and backed by Samsung and CrowdStrike could soon be acquired by Palo Alto Networks. The company is in advanced talks to buy data security posture management startup Dig Security for between $300 million and $400 million.
Microsoft updated Windows 11 on Tuesday to simplify passwordless adoption, protect against malicious code and have the ability to refresh configuration in the event of tampering. Updates to Windows 11 allow users to replace passwords with passkeys to stop hackers from exploiting stolen passwords.
Information Security Media Group recently concluded its Cybersecurity Summit: London, which brought together industry leaders for a day of informative sessions covering a diverse range of critical cybersecurity topics, including CISOs' vulnerability to liability, ransomware threats and burnout.
Chicago-based CommonSpirit is still waiting to hear back on its insurance claim for an October 2022 ransomware attack, but the hospital chain said disruption of some facilities and "significantly" hampered billing and collection activities contributed to a $1.4 billion operating loss for the year.
Under new U.S. Securities and Exchange Commission rules, companies must disclose material cybersecurity incidents and annually report on cybersecurity risk management, strategy and governance. Alex Hamerstone, advisory solutions director at TrustedSec, discussed the challenges ahead.
A late-stage SASE startup led by a serial entrepreneur hauled in a massive equity investment to address the feature and capability needs of large enterprises. The $238 million in funding will allow Cato Networks to more tightly align CASB and DLP with SASE to safeguard cloud apps and sensitive data.
Increased engagement from boards on digital transformation initiatives around cloud and AI adoption has spurred greater investment in cybersecurity, said Google Cloud CISO Phil Venables. Systems built and designed decades ago have become increasingly difficult to secure, he said.
The Hong Kong Consumer Council said it had detected a severe ransomware attack on Wednesday that compromised 65 gigabytes of data, including employee and client information, internal records and possibly the data of current and former staff and their family members.
An Ohio community college is notifying 290,000 people of a data theft breach this spring that may have compromised their personal and health information. Security researchers say small schools such as this are now favored targets. Some 80% of schools have reported hacking incidents in the past year.
Indian government officials say they may delay enforcement of the new Digital Personal Data Protection Act to give small businesses and healthcare organizations more time to comply. A decision on the deadline will come sometime after the appointment of a Data Protection Board in the next 30 days.
Cisco's proposed $28 billion buy of Splunk allows businesses to move from threat detection and response to threat prediction and prevention by combining XDR and SIEM. The deal brings together Cisco's newly released XDR platform with Splunk's long-standing SIEM technology.
In Part 3 of this three-part blog post, Nikko Asset Management's Marcus Rameke discusses why opting for SaaS or PaaS over IaaS is a sensible decision for most businesses, why cloud solutions are preferable to on-premises HCI, and how to achieve environmental sustainability.
It turns out SIEM isn't on life support after all. Cisco is providing 28 billion reasons to believe enterprises aren't scrapping the security operations center staple anytime soon, even though rivals with other types of security technology have attempted to write SIEM's obituary for years.
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