Ransomware Hit SCADA Systems at 3 Water Facilities in U.S.
The alert was issued by the FBI, CISA, the EPA and the NSA. The agencies are aware of attacks — launched by both known and unknown threat actors — against the IT and OT (operational technology) networks of water facilities. The agencies noted that while cyber threats are increasing across critical infrastructure sectors, the latest…
Nations Vow to Combat Ransomware at US-Led Summit
The United States gathered the countries — with the notable exception of Russia — to unify and boost efforts to fight a cybercrime that is transnational, on the rise and potentially devastating. “The threat of ransomware is complex and global in nature and requires a shared response,” the joint summit statement said, adding the nations…
Data Privacy Compliance Startup CYTRIO Launches With $3.5 Million in Funding
CYTRIO was founded by Vijay Basani (chief executive officer), Pankaj Parekh (chief privacy officer), and Darshan Joshi (chief technology officer), who collectively have 50 years of experience in data, privacy and security. Basani previously founded WebManage Technologies (acquired by NetApp), AppIQ (acquired by HP), and Cygilant. The company offers a solution that simplifies and automates…
Cybersecurity M&A Roundup for October 1-10, 2021
A total of nine cybersecurity-related acquisitions were announced in the first 10 days of October 2021. 11:11 Systems acquires Green Cloud Defense Managed infrastructure solutions provider 11:11 Systems acquired Green Cloud Defense, a cloud infrastructure-as-a-service provider that specializes in managed cloud security solutions. The deal will help 11:11 Systems expand its capabilities and grow its…
Microsec.ai Exits Stealth With Cloud Application Runtime Protection Platform
The company’s agentless CNAPP solution aims to secure multi-cloud IaaS and PaaS environments, as well as containers and data, through a single, unified interface. Founded in February 2021, the Santa Clara, California-based company offers support for major cloud infrastructure providers, including AWS, Azure, Google, IBM, and Oracle. Microsec.ai claims to provide visibility into containers, microservices,…
Telecoms Giant Syniverse Discloses Years-Long Data Breach
Syniverse says it has roughly 1,250 customers across 200 countries, including a vast majority of the world’s mobile carriers, such as AT&T, Verizon, T-Mobile, Vodafone, China Mobile, Airtel, Telefónica, and América Móvil. The company’s services are used to connect the networks of different mobile carriers and enable the transmission of data. Syniverse says it enables…
Cloud Services Providers Introduce Trusted Cloud Principles
Trusted Cloud Principles signatories say they are committed to maintaining consistent human rights standards across their services, while also ensuring that cloud services providers’ interests are protected. The initiative has received support from heavy industry names, including Amazon, Atlassian, Cisco, Google, Microsoft, and IBM, among others. “Trusted Cloud Principles signatories are committed to protecting the…
Secure Data Collaboration Firm Duality Technologies Raises $30 Million
Duality Technologies says the funds will help it expand go-to-market operations, strengthen its position on the privacy-preserving segment and Privacy Enhancing Technologies (PETs), and to advance partnerships with technology vendors. The funding round was led by LG Technology Ventures. Existing investors Hearst Ventures, Intel Capital, and Team8, along with Euclidean Capital and NAventures, the corporate…
Google Pledges $1 Million to Secure Open Source Program
The pilot program financially rewards developers who help improve the security of critical open source projects and is meant to complement existing vulnerability management programs. Committed to boost the security of the open source ecosystem, the Internet search giant recently pledged $100 million in support for projects that aim to fix vulnerabilities in open source…
Cybersecurity M&A Roundup: 43 Deals Announced in September 2021
The number of cybersecurity-related mergers and acquisitions announced in the past months has remained constant, with roughly 40 deals announced in September 2021 as well. September 1 – 15 ACA Group acquires Catelas Governance, risk, and compliance (GRC) advisor in financial services ACA Group announced buying Catelas, a company that has developed an electronic communications…
