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North Korea's Supercharged State-Backed Cryptocurrency Theft

Mathew J. Schwartz • December 1, 2023

To service the perpetually cash-starved regime of North Korea, hackers will continue their relentless onslaught on cryptocurrency - and all users of it - with state backing to industrialize their hacking and money laundering capabilities, experts warn.

Blockchain & Cryptocurrency

Cryptohack Roundup: $100M+ Poloniex Hack

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Security Information & Event Management (SIEM)

CrowdStrike SIEM Demand Rises Amid Cisco-Splunk, Legacy Woes

Michael Novinson • November 28, 2023

Discontent with legacy SIEM offerings and Cisco's proposed acquisition of Splunk have driven "a significant and pronounced increase in interest" in CrowdStrike's SIEM offering. LogScale hit the $100 million ARR milestone last quarter thanks to its search speed, data gravity and cost efficiency.

Email Security & Protection

Proofpoint Snags Former VMware President Sumit Dhawan as CEO

Michael Novinson • November 28, 2023

Proofpoint landed top VMware lieutenant Sumit Dhawan as its new chief executive just days after the cloud and virtualization giant was acquired by Broadcom. The Silicon Valley-based email security firm said it liked Dhawan's track record of building security, cloud and end-user computing businesses.

Data Loss Prevention (DLP)

Zscaler Taps Generative AI to Measure Risk, Predict Breaches

Michael Novinson • November 27, 2023

Zscaler infused generative AI features into its data protection bundles and is introducing AI-powered products that quantify risk and predict breaches, said CEO Jay Chaudhry. The cloud security firm enhanced its data protection policies for AI/ML apps and tools to lower the likelihood of data loss.

Founder Sam Altman Back as OpenAI CEO Under Revamped Board

Michael Novinson • November 22, 2023

The nonprofit behind ChatGPT reinstated co-founder Sam Altman as its chief executive following a tumultuous 106 hours that saw OpenAI burn through two interim CEOs. Most of the board members responsible for firing Altman on Friday gave up their director positions to get him back.

Microsoft Snags OpenAI's Sam Altman to Lead AI Research Team

Michael Novinson • November 20, 2023

OpenAI co-founders Sam Altman and Greg Brockman will lead a new advanced AI research team at Microsoft after OpenAI's board decided not to bring them back, Satya Nadella said. The nonprofit behind ChatGPT opted instead to name longtime Twitch CEO Emmett Shear as its new interim leader Sunday night.

Cloud-Native Application Protection Platform (CNAPP)

Nikesh Arora on Why Palo Alto Networks Is Buying Talon, Dig

Michael Novinson • November 15, 2023

Palo Alto will spent nearly $670 million buying Talon and Dig to broaden its cloud security portfolio and protect unmanaged devices without affecting usability. Purchasing Tel Aviv, Israel-based Talon Cyber Security for $435 million will help safeguard the 36% of the workforce that's independent.

Cybersecurity Spending

SentinelOne Buys High-Profile Consultancy Krebs Stamos Group

Michael Novinson • November 10, 2023

SentinelOne purchased a boutique consultancy established by two of the world's most famous security minds and launched its own strategic risk analysis and advisory group. SentinelOne will add inaugural CISA Director Chris Krebs and former Facebook Chief Security Officer Alex Stamos to its C-suite.

Rockwell Combines Generative AI and Industrial Automation

Michael Novinson • November 9, 2023

The reliance on text bases in modern software development means Rockwell Automation can capitalize on generative AI's ability to read, produce and generate text. Having open text-based files and a domain-specific language made it easy for Rockwell to apply generative AI to FactoryTalk Design Studio.

Governance & Risk Management

Palo Alto Networks to Buy Enterprise Browser Startup Talon

Michael Novinson • November 6, 2023

Palo Alto Networks announced its second acquisition in a week, scooping up the 2022 winner of RSA Conference's prestigious Innovation Sandbox contest. The proposed buy of Talon Cyber Security will enable users to securely access business applications from any device, including noncorporate devices.

Governance & Risk Management

Fortinet Invests in SASE, SecOps Amid Network Security Slump

Michael Novinson • November 2, 2023

Fortinet plans to shift its R&D and go-to-market investments to the faster-growing SASE and security operations segments as growth slows in the network security market. The company expects "more modest growth" in the near term given that 70% of Fortinet's billings today come from network hardware.

Next-Generation Technologies & Secure Development

Splunk Lays Off Another 7% of Workers Amid Purchase by Cisco

Michael Novinson • November 1, 2023

Splunk has executed its second round of layoffs since February, axing 7% of its workforce weeks after Cisco announced plans for a $28 billion acquisition. Splunk will reduce its 8,000-person staff by 7% or approximately 560 positions. Most of the jobs being cut are in the United States.

Security Operations

Palo Alto Networks to Buy Data Defense Startup Dig Security

Michael Novinson • October 31, 2023

Palo Alto Networks plans to purchase a data security posture management startup led by a Microsoft and Google veteran and backed by Samsung. The proposed buy of Tel Aviv, Israel-based Dig Security will give Palo Alto Networks customers visibility into and control of their multi-cloud data estate.