Imperva to acquire CloudVector for API security capabilities
Imperva, the cybersecurity company, announced on Monday that it plans to acquire API security company CloudVector. The financial details of the deal have not been disclosed. Imperva says that the acquisition will help it accelerate its roadmap and give it more ground in the web app and API protecti...
Accenture acquires cybersecurity firm Openminded
Accenture has closed a deal with French cyber security company Openminded for an acquisition. With the acquisition, Accenture wants to increase its presence in the field of cybersecurity in Europe.
Openminded was founded in 2008 and is managed from a security operations centre. The company offer...
Cybersecurity company Rapid7 acquires Velociraptor
Rapid7 has announced that it has acquired Velociraptor. The organisation develops the open-source platform of the same name for cybersecurity monitoring. It is not known how was paid for the acquisition.
Velociraptor, not to be confused with the hard drives, is a platform that was founded by for...
Hackers breached Pulse Secure VPN of companies and government agencies
Suspected Chinese state-sponsored hackers exploited vulnerabilities in Pulse Secure LLC virtual private network appliances, breaching multiple U.S. government agencies.
The attacks were confirmed by FireEye, Pulse Secure itself and the U.S. Department of Homeland Security’s Cybersecurity and ...
2020 saw a surge in cybersecurity startup funding
Investments in cybersecurity startups hit a record high of $7.8 billion last year, according to new data from Crunchbase. The increase was led by US investments in the sector, which rose by 22% in 2020 over 2019. This growth is 15% higher than the overall venture capital investments made over the s...
‘More data breaches in 2020 than in 15 years before combined’
In the past year, there has been a huge increase in the number of data breaches. This number is said to have risen to more than in the previous fifteen years combined.
This is what the analysis bureau Canalys says based on its own research. According to the company, ransomware attacks have incre...
Datto purchases BitDam to offer cyber threat protection for the SMB
BitDam, an Israeli developer of cyber threats detection tools was acquired on Wednesday by Datto, an MSP-focused tech developer.
BitDam operates out of Tel Aviv, Israel, and is the developer of the Advanced Threat Protection technology, which the company claims offers comprehensive defenses agai...
Google unveils a new cyber insurance program for cloud customers
"First of its kind" offering is probably going to set a trend in the industry.
Google announced this week that it has teamed up with two major insurers to develop a cybersecurity insurance offering. The new program would provide Google Cloud customers with coverage against cyberattacks.
Speci...
North Korea set to increase hacking attempts, experts say
COVID's impact on the DPRK is driving them to increase their hacking campaigns.
Experts expect North Korean hackers to launch more cyber attacks this year. The increase in attacks is due to the pressure North Korea is under both from the Coronavirus pandemic and food shortages.
North Korea's ...
Palo Alto Networks to acquire Bridgecrew for $156 million
Palo Alto Networks, the network security firm, said that it is acquiring Israeli cloud security firm Bridgecrew. The deal will be made in cash and is worth $156 million. The announcement was made on Tuesday morning and marks the seventh acquisition of an Israeli company by Palo Alto Networks.
Is...
$1 trillion spent globally in 2020 to deal with cybercrime
Last year, more than $1 trillion was spent on cybersecurity or to pay for damages caused by cyberattacks. This amount represents about 1% of the world’s GDP. The report comes from Atlas VPN, which says that a majority of the money ($945 billion) was spent on Cybersecurity incidents. The remaining...
Cybersecurity has become prime concern for in-house legal teams
In the wake of the COVID-19 pandemic, in-house legal teams are rising to meet the challenges of cybersecurity.
The coronavirus pandemic has had many wide-ranging effects on how companies conduct business. Now, according to a new study, one of those changes includes how enterprises cope with the ...