Railway Cybersecurity Firm Cylus Raises $30 Million
This brings the total raised so far to $57 million (seed plus Series A). Cylus logoCylus follows the now standard template for Israeli firms – founded by former Israeli Defense Force (IDF) cyber specialists before expanding into the U.S. market. Current CEO Amir Levintal was Director of the Cyber R&D Division of the IDF’s Elite…
Cybersecurity M&A Roundup for December 1-12, 2021
Eighteen cybersecurity-related acquisitions were announced December 1-12, 2021. Acclaim Technical Services acquires Entegra Systems Acclaim Technical Services (ATS), which specializes in operational support, language, and technology services, has acquired cyber technology solutions provider Entegra Systems. Both companies are US-based government contractors, and the acquisition of Entegra, which provides services to defense and intelligence agencies, will…
Afero Raises $50 Million for Its Secure IoT Platform
The new investment came from Crosspoint Capital Partners. Home Depot also participated, but the terms of the transaction were not disclosed. Founded in 2014, Afero aims to secure device connectivity from the manufacturing process to consumer use, offering a platform that supports all types of smart home devices and provides secure cloud communication with Afero’s…
Facebook, Twitter Take Down More State-Linked Accounts
Facebook removed over 800 accounts, pages and groups from the social media platform for engaging in what the company calls coordinated inauthentic behavior. Other accounts were taken down for brigading and mass reporting. The largest number of removed Facebook accounts, pages, and groups (548 in total, alongside 86 Instagram accounts) were associated with a network…
Top 5 Reasons to Get ‘SASE’ With Security
What’s the key to effective security? How can we continue to defend against the ever-rising tide of cyberattacks amid a constantly evolving perimeter and the unprecedented acceleration of hybrid work? And let’s not forget about the proliferation of devices connecting to the network, and the mass movement of applications into the cloud. If we’ve learned…
Missouri Man Sentenced to Prison Over Role in SIM Swapping Scheme
The man, Garrett Endicott, 22, of Warrensburg, Johnson County, who pleaded guilty to his role in the scheme, was also ordered to pay $121,000 in restitution, the United States Department of Justice said on Tuesday. Endicott is the sixth member of the international hacking group “The Community” to have been sentenced in connection with the…
Ransomware Operators Threaten to Leak 1.5TB of Supernus Pharmaceuticals Data
The attack, the Rockville, Maryland-based company says, likely happened in mid-November, when a ransomware group accessed data on certain systems, deployed malware to prevent access to files, and then threatened to leak the exfiltrated files. Despite that, Supernus Pharmaceuticals says it did not experience a significant impact on its business, as its operations were not…
IoT Security: Are Personal Devices Dragging Your Work Network Down?
How many connected devices have you added to your household since March 2020? Be sure to count fitness trackers, speakers, gaming machines and even your Tesla, if there’s one in your driveway. Were you one of the many people who waited months for a Peloton? Don’t overlook your new bike. Now add in all your…
Delivering on the Promise of 5G Requires New Security Standards
5G has the potential to deliver incredible innovations — from smart cities to self-driving cars to advances in healthcare, manufacturing, and other key verticals. While 5G improves upon previous generations’ cybersecurity vulnerabilities, it also brings new risks: 5G is software-defined. The increased role of software in 5G makes it more susceptible to dynamic, software-based attacks…
SecurityWeek to Host Security Operations Summit as Virtual Event Dec. 8
In this exclusive SecurityWeek virtual event, defenders from the trenches will share use cases, best practices, insights for adopting tools and processes, and war stories to help make security operations centers (SOCs) more effective and efficient. Attendees can immerse themselves in a virtual environment to discuss the latest security operations trends and challenges and gain…
