In the latest weekly update, ISMG editors examine the story of a Maryland couple facing charges for giving military medical records to Russia, the sentencing of a former Seattle tech worker for her massive Capital One hack, and why David Hatfield resigned as co-CEO of cloud security vendor Lacework.
Security operations stalwart Arctic Wolf has taken on more than $400 million in debt to pursue acquisitions in the cloud, SIEM, endpoint and XDR markets. The money will fuel an upcoming launch in the Asia-Pacific region and expansion in markets such as South Africa, Benelux and the Nordics.
David "Hat" Hatfield has exited the co-CEO role at Lacework just four months after the cloud security vendor laid off 20% of its employees. The move will bring Lacework's co-CEO experiment to an end after just 14 months, with Facebook engineering head Jay Parikh moving forward as sole CEO.
Paige Thompson, the Capital One hacker known as "erratic," was sentenced to time served and five years of probation following her June conviction in U.S. federal court. The five-time felon exploited a weakness in web application firewalls on AWS accounts to steal data of 100 million individuals.
Cloudflare has joined forces with 26 venture capital firms to provide up to $1.25 billion in financing to startups building on the company's developer platform. The Workers Launchpad Funding Program will connect developers with investors around the world to scale their startups faster.
Security firms must increasingly follow U.S. government security requirements even if they don't serve federal agencies themselves, says Avi Shua, Orca Security co-founder and CEO. That's because cloud vendors such as Orca often serve businesses that contract or subcontract with the U.S. government.
Hackers may shift malware attacks into technical environments beyond the reach of endpoint detection and response, says Mandiant. The threat intel firm says it uncovered a novel malware family targeting VMware hypervisors and virtual machine appliances.
Identity protection, XDR, data analytics and cloud security have been SentinelOne's biggest investment areas, says CEO Tomer Weingarten. Cloud has become the fastest-growing part of SentinelOne's business, appealing even to customers who might have chosen a different vendor for endpoint security.
Hackers behind a campaign of deceptive sweepstakes spam hacked their way into Azure cloud accounts that lacked multifactor authentication and obtained admin privileges for Exchange servers. Microsoft advises turning on MFA and other measures such as conditional access.
Palo Alto Networks has been in a 19-month dry spell when it comes to major acquisitions, but it looks like that's about to change. Israeli business publication Calcalist reported Monday the firm is closing in on a deal to buy New York-based code risk platform provider Apiiro for around $600 million.
Silicon Valley-based startup Fortanix is looking to capitalize on the growing demand for security and encryption across on-premises data centers and major cloud providers through a recently completed $90 million Series C round of funding led by Goldman Sachs' equity arm.
In this episode of "Cybersecurity Unplugged," U.S. Air Force Chief Software Officer Nicolas M. Chaillan, a former DHS and DOD adviser, shares his opinions about the government's handling of DevSecOps and cybersecurity, where progress is being made and where more work needs to be done.
Organizations must think differently about how to detect adversaries in the cloud rather than merely shifting their on-premises controls. Combining Carbon Black's insights into the endpoint with NSX's ability to see network connections has allowed VMware to more effectively spot lateral movement.
The sale of Tufin to Turn/River Capital will accelerate the network management firm's move from a perpetual to subscription-based licensing model, says CEO Ruvi Kitov. The deal will give Tufin access to Turn/River Capital's knowledge, best practices and playbooks around subscription licensing.
No secret: Public cloud provides the technical catalyst to the healthcare industry’s modernization and the keys to the kingdom in terms of globalization. The resulting access to usable swaths of data is invaluable - and high-risk. ClearDATA's Chris Bowen weighs in on mitigating the risks.
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