Thoma Bravo, Vista Equity Partners and rival Francisco Partners have set their sights on a new target: Sumo Logic. Each of the three private equity firms has approached the Silicon Valley-based data analytics software vendor expressing interest in a possible acquisition, The Information reports.
The latest edition of the ISMG Security Report analyzes why Meta has agreed to pay $725 million to settle a class-action lawsuit over users' personal data, how the median stock price dropped 40% among publicly traded security firms in 2022, and why an infrastructure change is needed in SOCs.
Meta has reached a $725 million agreement to resolve a class action lawsuit filed over Facebook's user data-sharing practices, after data for 87 million Facebook profiles was transferred to political consultancy Cambridge Analytica in violation of the social network's policies.
In this episode of "Cybersecurity Unplugged," Liran Paul Hason, co-founder and CEO of Aporia, discusses the current state of machine learning and artificial intelligence in cybersecurity and the most interesting and promising applications for these technologies right now.
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.
Deep Instinct has tasked the former CEO of Palo Alto Networks and COO of Zscaler with reworking the company's go-to-market strategy to better serve large enterprises. The company has moved longtime executive Lane Bess from the executive chair to the CEO's seat to recruit experienced sales leaders.
A security operations center (SOC) is defined by its capabilities, as well as how these capabilities are prioritized by the organization. Furthermore, a SOC helps arrange staff and technology so they can gain greater visibility into protected systems, perform the required work, and take into account the complicated...
Thoma Bravo is eyeing its third take-private security deal of 2022, initiating talks with Darktrace months after agreeing to buy SailPoint and Ping Identity. The cybersecurity AI firm says it's in early discussions with private equity giant Thoma Bravo on a possible cash offer for the business.
Research by Dun & Bradstreet says business identity fraud jumped 254% in 2020. Tools can help prevent this fraud but may create greater friction, say Andrew La Marca, senior director at Dun & Bradstreet, and Ralph Gagliardi, agent in charge, High Tech Crimes Unit, Colorado Bureau of Investigation.
Companies continue to struggle with prioritizing which vulnerabilities present the greatest risk to the business and need to be remediated first since vulnerability scoring is too often based on a static set of what could happen if an issue is exploited, says Qualys President and CEO Sumedh Thakar.
The ISMG Security Report discusses how cyberattacks and operations tied to the Russia-Ukraine war have been affecting civilians since the start of Russia's invasion, whether a practicing cardiologist living in Venezuela is also a ransomware mastermind and effective bot management tooling strategies.
Financial crimes against financial institutions have become more significant. These risks now represent one of the biggest areas of concern for the industry and one of the largest drivers of IT and compliance costs. Nick Davison of EY Australia and Paul Franks of SAS share new financial crime management strategies.
Abnormal Security is out with new financial crimes research, and it shows that traditional business email compromise is evolving into new forms of financial supply chain compromise. Crane Hassold shares insights on the crimes and how best to detect, deter and respond to them.