Fortinet, maker of unified threat management solutions, on Monday announced plans to go public. The Sunnyvale, Calif. company plans an initial public offering (IPO) of up to $100 million in common stock, according to a filing with the U.S. Securities and Exchange Commission. Many firms have steered clear of IPOs in recent months, but with the stock market again climbing, that may change, experts said. ArcSight was the last major security company to file for public status. — DK
The Cybersecurity and Infrastructure Security Agency has warned that several vulnerabilities in the Mitsubishi Electric GX Works3 engineering workstation software for industrial control system environments could be exploited to enable access to certain CPU and OPC UA modules, as well as prompt program viewing and execution, according to The Hacker News.
BleepingComputer reports that U.S. cloud computing firm Rackspace Technology was impacted by a security incident that prompted an outage of its hosted Microsoft Exchange environments, which may have affected thousands of customers.