Ransomware gang Black Basta, which came to prominence in April, has claimed responsibility on its leak site for a ransomware attack on AGCO. An AGCO spokesperson confirmed to ISMG that employee data was exfiltrated during an attack but did not comment on Black Basta's claims of responsibility.
Broadcom has agreed to buy cloud and virtualization giant VMware for $61 billion, bringing together the $1.6 billion Symantec and $1 billion VMware security teams. Broadcom will incorporate its existing security offerings into the VMware portfolio and bring them to market under the VMware brand.
Cybersecurity startup Lacework has announced layoffs - affecting 20% of its employees, according to one report - to strengthen its balance sheet, just six months after raising $1.3 billion. The company says it restructured its business in response to a large shift in the public and private markets.
Cribl has raised $150 million to drive the development of new features such as hosted versions of the company's technology. The company will build out separate tools for each piece of the observability process rather than forcing customers to purchase a bundle with features they don't care about.
Ransomware has grown 13% year on year in 2022, a jump greater than the past five years combined, a Verizon Business 2022 Data Breach Investigations Report published on Tuesday shows. It says financial gain continues to be the primary motive for attacks, followed by espionage.
WhiteSource has renamed itself Mend as the company pushes beyond software composition analysis to become a broad application security platform with automated remediation. The name WhiteSource didn't have any negative connotations when the company was founded, but some people today find it offensive.
Semperis has closed a Series C funding round to expand geographically and enhance identity protection and threat mitigation with AI and ML capabilities. The AD security provider plans to use the $200 million to expand into safeguarding additional cloud applications and cloud identity providers.
The ICO has imposed a penalty of 7.5 million pounds on Clearview AI Inc. for using scraped U.K. citizen facial images for its facial recognition database. The agency has directed the firm to delete images of all U.K. citizens and to stop scraping data from the open internet.
Accelerated digital transformation has only complicated the identity verification challenge for enterprises. But Chuck Moore of Early Warning says behavioral analytics and anomaly detection combined can reduce both fraud and the friction that can come with traditional authentication methods.
In recent years, AI has emerged as required technology for augmenting the efforts of human information security teams. Bijender Mishra, CISO of Alkem Laboratories, discusses how cybersecurity teams can use AI to form powerful human-machine partnerships that improve cybersecurity.
The tumultuous experience of Symantec under Broadcom's control presents a cautionary tale for CISOs currently using VMware's security technology. Symantec saw massive customer and employee attrition following deal close, and the company's technology doesn't fare as well in reviews by Gartner.
Welcome to ISMG's compendium of RSA Conference 2022. The 31st annual conference covered a wide range of topics including cybercrime, cyberwarfare, zero trust, supply chain risk, ransomware, OT security, cyber insurance and jobs. Access 150+ interviews with the top speakers and influencers.
Microsoft has observed a 254% increase in activity over the past six months from a Linux Trojan called XorDdos. First discovered in 2014, XorDdos was named after its denial-of-service-related activities on Linux endpoints and servers and its usage of XOR-based encryption for its communications.
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