Following Rubrik's announcement that it plans to list on the New York Stock Exchange, another company is considering trying its luck in the public market. Claroty is meeting with underwriters ahead of a possible 2025 IPO that could value the cyber-physical systems security titan at $3.5 billion.
As organizations embrace digital transformation, software security challenges have become increasingly complex. Adriana Freitas, director of the European Foundation Anti-Phishing Working Group, offers insights on the imperative role of DevSecOps in modern cybersecurity practices.
The Change Healthcare attack - the most disruptive cyber incident to ever hit the U.S. healthcare ecosystem - spotlights the risks that come from relying on a handful of major suppliers, said leaders of the Health Information Sharing and Analysis Center.
Fresh zero-day vulnerabilities continue to be actively exploited in the wild by attackers, often for surveillance and espionage purposes, according to the latest annual review of in-the-wild exploits published by Google. In 2023, 97 new zero-days came to light, up from 62 in 2022.
The move to cloud has uncovered a range of risks that enterprises might inadvertently overlook. Transition often highlights cloud concentration risk, which encompasses vendor, availability, business continuity and regulatory risks, said Abid Adam, group chief risk and compliance officer at Axiata.
A nursing home operator is seeking bankruptcy protection, citing the effects of a ransomware attack last fall and fallout from the recent Change Healthcare outage as factors that contributed to its financial woes. Also, a Senate bill aims to address cash flows for some health firms hit by an attack.
Revenue cycle management firm MedData has agreed to a $7 million settlement in a class action lawsuit filed after an employee inadvertently uploaded and exposed the health and personal information of about 136,000 individuals on the public-facing part of GitHub for more than a year.
Synopsys' board of directors signed off Wednesday on selling the company's $525 million application security testing business to focus exclusively on design automation and IP. The systems design behemoth began exploring strategic alternatives for its software integrity group in November.
Major technology vendors keep being hacked by the nation-state hacking group Midnight Blizzard. Essential defenses to combat such attacks begin with implementing log monitoring across multiple platforms to find red flags, said John Fokker, head of threat intelligence at Trellix.
Ransomware groups hope threats are enough to sway victims so they don't have to follow through. For victims who pay ransoms, the results are almost guaranteed to be less than advertised - more akin to buying a pig in a poke than a contractual guarantee of service.
The U.S. healthcare sector needs to closely watch government regulatory and legislative developments involving artificial intelligence, including the European Union AI Act, said Lee Kim, senior principal of cybersecurity and privacy at the Healthcare Information and Management Systems Society.
The vast healthcare ecosystem disruption caused by the recent attack on Change Healthcare, which affected more than 100 of the company's IT products and services, underscores the concentrated cyber risk when a major vendor suffers a serious cyber incident, said Keith Fricke, partner at tw-Security.
Cyera is raising between $150 million and $200 million in a new funding round that would value the Silicon Valley-based data security startup at as much as $1.55 billion. The funding talks come just nine months after Cyera closed a $100 million Series B round at a reported $500 million valuation.
The Spanish High Court on Monday sided with the country's data regulator, the Spanish Data Protection Agency, to uphold a three-month ban on OpenAI founder Sam Altman's controversial digital identity and cryptocurrency platform Worldcoin due to privacy concerns.
Phishing attacks continue to adapt to exploit popular apps. While many phishing campaigns have focused on mobile banking and payment sites, attackers are also targeting widely used but lower-profile, cloud-based utilities such as the ubiquitous Dropbox storage platform.
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