A takeover bid of debt-ridden French IT consultancy Atos hit a roadblock after a key company shareholder withdrew from a financial restructuring plan designed to help the firm recover from its 3.9-billion-euro liability, saying, "Conditions were not ripe to reach an agreement."
Jana Partners announced a "significant" stake in Boston-based Rapid7 on Wednesday and plans to push the vulnerability management firm to sell itself. The activist investor is working with investment firm Cannae Holdings and wants Cannae to team up with a private equity firm to buy Rapid7.
More reasons to beware breathless reporting about a ransomware group's latest supposed victim: LockBit's claim to have breached the U.S. Federal Reserve Bank. Instead, the actual victim is Evolve Bancorp, which is currently dealing with an enforcement action by - wait for it - the Fed.
The journey to securing a career in cybersecurity can often feel daunting, and the job hunt can be frustrating. But learning to understand the current cybersecurity job market and industry trends can help you achieve your career goals more efficiently.
Hackers targeting a popular open-source project for running artificial intelligence tool Ollama could run into a big "Probllama" if they haven't yet patched, said security researchers from Wiz. Companies are focusing on AI's transformative power at the cost of its security.
White House efforts to ratchet up health sector cybersecurity are critically important, but possible financial penalties levied for non-compliance with upcoming cyber requirements that are directed only at hospitals could do more harm than good, said John Riggi of the American Hospital Association.
Add luxury department store chain Neiman Marcus and the Los Angeles Unified School District to the list of known victims of a cybercrime that accessed accounts at cloud-based data warehousing platform Snowflake. Other victims include Santander Bank and Live Nation Entertainment's Ticketmaster.
Acronis President Gaidar Magdanurov discusses the need for immutable backups in the current threat landscape and highlights the benefits of integrating security measures with backup systems to facilitate automated recovery from ransomware attacks and minimize downtime.
Federal regulators have issued a final rule that sets financial disincentives for healthcare providers that commit information blocking - or practices that they know are unreasonable and likely to interfere with patient access to electronic health information.
As the largest media company at RSA Conference 2024, ISMG conducted more than 150 individual interviews with CEOs, CISOs, government leaders, investors, researchers and analysts. This compendium covers every facet of cybersecurity, from the latest technology solutions to emerging trends.
Payment fraud is the top risk to companies across the globe. Business email compromise is continually on the rise. Johnny Deutsch, co-founder and CEO of B2B payments protection company Creednz, discusses the need to integrate security into financial processes.
CDK Global, a leading software and solutions providers for thousands of car dealerships across the United States and Canada, has launched investigations into consecutive cyber incidents that caused disruptions and shutdowns for several days at companies across the North Americas.
In the latest weekly update, ISMG editors discussed critical infrastructure security challenges, a report on the 2022 Medibank breach compromising personal data for 10 million people, and Fortinet's acquisition to integrate Lacework's cloud-native security into its Security Fabric and SASE platform.
At the Gartner Security and Risk Management Summit, Thomas Lintemuth, vice president analyst at Gartner, discussed how network security tooling has evolved, blending technologies such as firewall, SSE, NDR and SASE. He covered VPNs, microsegmentation and the deployment of policy enforcement points.
Never let ransomware become normalized. Businesses today are more likely that not to be hit by ransomware, but this doesn't mean we should ever let ransomware seem like a new normal, akin to death or taxes. We need expert business resilience and failover capabilities.
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