Search results for "cybersecurity"

KKR to Buy Cybersecurity Firm Barracuda from Thoma Bravo in Deal Worth about $4 Billion

KKR & Co Inc said on Tuesday it plans to buy cybersecurity firm Barracuda Networks from its private equity owner Thoma Bravo, highlighting continued interest in cybersecurity businesses from buyout firms. The announcement, confirming an earlier Reuters report, did not disclose financial terms. Sources who requested anonymity said the deal valued California-based Barracuda Networks at […]

Rising Cybersecurity Tactics from the Russian-Ukrainian Crisis: A Prelude to a Global War?

Contrary to general belief, cyberattacks were much older than the internet itself. The first incident, which can be qualified as a cyberattack, took place nearly two centuries ago when a pair of thieves hacked France’s telegraph wireline communications system and stole some important financial information. Since then, the evolution of telecommunication systems has been accompanied […]

Cybersecurity Threats Loom as Russian-Ukrainian Conflict Escalates

As the Russian assault towards Ukraine escalates day after day, with heavy military weaponry being used during the war, another side of the warfare has as much importance as the military action, which is the cyber warfare field.   That part is related to the cyberattacks being launched by the Russians against facilities in Ukraine, especially […]

LogRhythm Rewards Outstanding Cybersecurity Innovation

Through its 2021 European Partner Awards The award winners were recognised for their commitment to providing SIEM threat detection and migration capabilities for their European customers London, UK, 04 February 2022 – LogRhythm, the company powering today’s security operations centres (SOCs) has announced the winners of its 2021 European Partner Awards. The awards honour the achievements of […]

China to Order Cybersecurity Reviews for Some Firms Seeking Overseas Listings

China said on Tuesday it would put in force new rules that will boost oversight over how its platform companies make plans to list abroad or use recommendation algorithms, in moves set to tighten Beijing’s grip over its sprawling technology sector. The Cyberspace Administration of China (CAC) said it would from Feb. 15 implement new […]

China’s MIIT halts cybersecurity deal with Alibaba Cloud

According to state-backed media reports, Alibaba Cloud Computing’s information-sharing partnership was put to an end on Wednesday by Chinese watchdogs, following allegations of neglecting to report and tackle a cyber threat. The 21st Century Business Herald reported that the subsidiary of the e-commerce giant failed to promptly report weaknesses in the famous, open course logging […]

FBI email system spammed by hackers’ cybersecurity spam alerts

Cybersecurity spam alerts reached Friday and Saturday the Federal Bureau of Investigation’s (FBI) external email servers by unleashing a wave of fake emails addressing a misleading cyberattack warnings to thousands of people and companies. In a statement, the FBI revealed that the spam alerts emitted from its Law Enforcement Enterprise Portal (LEEP) system, utilized for […]

US talks global cybersecurity without a key player: Russia

Amid an epidemic of ransomware attacks, the U.S. is discussing cybersecurity strategy this week with 30 countries while leaving out one key player: Russia. The country that, unwittingly or not, hosts many of the criminal syndicates behind ransomware attacks was not invited to a two-day meeting starting Wednesday to develop new strategies to counter the […]

DOJ empowers False Claims Act, Federal contractors’ cybersecurity threat

U.S. Department of Justice (DOJ) disclosed on Wednesday intentions of implementing the False Claims Act as an additional measure to follow-up on cybersecurity cases intertwined with federal contractors playing a role in exposing the country’s security ecosystem to cybersecurity threats. Deputy Attorney General Lisa O. Monaco introduced this week the Civil Cyber-Fraud Initiative that will […]

What is SOC in cybersecurity? 

Decentralization of technology is the typical trend in the modern day. Cloud based communications, additive manufacturing, and data driven decision making are all good examples. When it comes to cybersecurity however, the opposite might be the better way to go. That is why every organization worth it’s salt ought to invest in an SOC, Security Operations Center, to safeguard its operations. […]