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.
In the latest update, four ISMG editors discuss the alarming, bizarre case of a cardiologist in Venezuela charged with developing malware and recruiting affiliates, recent ransomware and data leak incidents in healthcare and how the economy is causing mature cybersecurity startups to slow hiring.
Google will offer customers access to the same technology it uses to lock down developer workflows to ensure open-source dependencies are addressed. Assured Open Source Software will allow clients to ensure third-party software they're using is scanned, analyzed and fuzz-tested for vulnerabilities.
Material Security has closed a $100 million funding round on a $1.1 billion valuation to extend its protection of sensitive content at rest beyond email. The startup will take patents for defending content in old emails and apply them to SaaS applications such as Dropbox, Google Drive and Slack.
New CEO Bryan Ware plans to leverage LookingGlass' nascent attack surface management capabilities to capture clients in verticals such as pharmaceuticals, manufacturing and utilities. The company tapped former CISA leader Ware to serve as its next CEO following the acquisition of Next5.
Abnormal Security has closed a $210 million funding round on a $4 billion valuation to apply its account takeover prevention technology to areas other than email. The company wants to use its AI to protect accounts across systems and SaaS platforms and in environments such as Workday and Salesforce.
Microsoft plans to roll out new managed services that give organizations the expertise needed to proactively hunt for threats and extend XDR beyond the endpoint. Microsoft Security Experts features new managed services as well as existing services around incident response and modernization.
Apple, Google and Microsoft are joining forces to back a standard that will allow websites and apps to offers passwordless sign-ins across devices and platforms. The three OS and browsing giants have put their weight behind a common passwordless sign-in standard created by the FIDO Alliance.
Cybersecurity companies took Thursday's sell-off on the chin, with Rapid7, Cloudflare and SentinelOne experiencing double-digit stock price drops in Wall Street's worst day of 2022. The Nasdaq Composite Index fell 5% Thursday amid concerns around inflation and soft earnings from online retailers.
In this episode of "Cybersecurity Unplugged," David Bruce of Broadcom discusses the competition and noise that marketers face today, why product builders and marketers should communicate about strategy, and how to describe your product in a way that lets customers know why it's important.
Mosyle closed a $196 million funding round to expand beyond mobile device management and provide a holistic security platform for Apple devices. The company wants to boost adoption of Mosyle Fuse, which combines MDM, endpoint security, encrypted DNS, identity management and app management.
Check Point is aggressively expanding its salesforce and standing up "rockets" focused on emerging technology areas to land more customer deals outside network security. The company will couple 25% growth in its salesforce with dedicated investments around cloud security, email security and MDR.
SonarSource has raised $412 million on a $4.7 billion valuation to establish a physical presence in Asia and increase its wallet share with existing customers. The company wants to open an office in Singapore and pursue opportunities in China, South Korea, Taiwan, Singapore, Japan and Australia.
Sophos bought early-stage vendor SOC.OS to help customers detect abnormalities in their IT environment earlier by ingesting data from third-party platforms. SOC.OS will allow customers to extract information sooner from non-Sophos firewalls, network proxies and endpoint security technology.