Ticketmaster fined $10 million in corporate espionage scheme
Ticketmaster tried to steal both a client and design ideas from a competitor by logging into the back-end system with a former employer’s login credentials.
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Cerberus Cyber Sentinel buys Alpine Security
The deal, and implication of more to come, hint at increased hunger for third-party security auditing services in the face of worsening cybercrime, and an increasingly complex regulatory compliance landscape.
Orca aims to fix ‘fundamentally broken’ cloud security with latest funding round
The company raised $55 million in Series B funding, and from May 2020 to the end of next year expects to nearly triple its R&D team.
FireEye buys Respond Software as security automation market gains momentum
The hunger many industries have to hand off more of their security and threat hunting work to algorithms is being offset by an increasingly complex landscape of internal and third party threat feeds, differing data standards and a general lack of cybersecurity maturity within many organizations.
Lucidum wants to use machine learning night vision to spot your shadow IT
Lucidum, a startup founded by two former Splunk executives that uses machine learning to identify hidden IT assets for cloud and on-premise networks, emerged from stealth and announced nearly $4 million in seed funding – some from CISO angel investors.
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IBM pays up in tech, settles Weather Channel privacy lawsuit by LA
IBM will pony up $1 million worth of technology to the city of Los Angeles for COVID-19 contact tracing, and The Weather Channel app will change its privacy practices regarding use of user location data. The changes come with the settlement of a lawsuit that accused the app of misleading users as to how their…
Former Uber chief security officer charged for hacker ‘hush money’
Federal prosecutors charged Joe Sullivan, the former chief security officer for Uber, with crimes related to an alleged cover-up of the company’s massive 2016 hack. After hackers stole the personal information of nearly 60 million Uber drivers and customers, Sullivan is accused of arranging to pay the hackers $100,000 as if it was a bug…
Zscaler to acquire Cloudneeti
Zscaler has entered into an agreement to acquire the cloud security posture management firm Cloudneeti. The deal is expected to close prior to the completion of Zscaler’s third quarter. Financial details of the merger were not released. Cloudneeti’s focus is preventing and remediating application misconfigurations in SaaS, IaaS and PaaS to help keep databases secure…
Checkmarx sold for $1.15 billion
The application security testing firm Checkmarx was acquired in a $1.15 billion deal by the private equity firm Hellman & Friedman. The company had been owned by Insight Partners, also a private equity firm, which plans to retain a substantial interest in Checkmarx. The company believes the deal will help keep it on a growth…
Accenture acquires Context Information Security
Accenture Security has entered into an agreement to acquire the MSSP Context Information Security from its previous owner Babcock International Group. The deal’s financial details were not disclosed, but Accenture said all 250 Context employees will be brought over. Context was founded in 1988 and provides cyber defense, intelligence-driven red team, vulnerability research and incident…
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