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Private Equity Insights: Insight Partners, which acquired Armis in 2020, is expected to generate $2bn–$3bn from the deal, according to Globes. Other key investors include Georgian, G Squared, One Equity Partners, CapitalG, Brookfield, General Catalyst, and Alkeon Capital.
The Record: An Indiana-based drug research company said a recent ransomware attack has disrupted its business operations and forced a shutdown of critical systems.
Dark Reading: The Allianz Life data breach, which the company confirmed in July, led to hackers allegedly stealing the personal data of around 1.1 million customers. The insurance giant has 1.4 million customers, and its parent company, Allianz, has more than 125 million.
Cybersecurity Dive: Enterprises rushed into AI deployment plans while the hype haze was thick. Now that the risks are clearer, business leaders are looking for ways to remediate.
MSN/Canadian Press: The Canadian Investment Regulatory Organization says it shut down some of its systems as a precaution after identifying a cybersecurity threat on Aug. 11. It says a preliminary investigation indicates that some personal information of member firms and their registered employees was affected.
CSO Online: CISOs have a one in four chance of their job surviving a successful ransomware attack, according to a recent Sophos report. The report’s findings are a wakeup call for CISOs regardless of whether they are found at fault or have any meaningful authority to block such attacks, industry experts say.
The Target: Connex, one of Connecticut's largest credit unions.
The Take: The non-profit has yet to find evidence that the attackers gained access to the affected members' funds or accounts, but has discovered that they stole a combination of personal and financial data, including names, account numbers, debit card information, Social Security numbers, and government IDs.
The Vector: The investigation revealed that certain files may have been accessed or downloaded without authorization between June 2 and 3, 2025.
This breach is a stark reminder of how strong authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.
Private Equity Wire: Francisco Partners is exploring the sale of BeyondTrust Software, the privileged access management (PAM) specialist it has backed since 2018, in a potential multi-billion dollar transaction, according to a report by Bloomberg citing unnamed people familiar with the matter.
Bleeping Computer: Hackers have released stolen data belonging to US insurance giant Allianz Life, exposing 2.8 million records with sensitive information on business partners and customers in ongoing Salesforce data theft attacks.
Financial Newswire: The Australian Prudential Regulation Authority (APRA) has made clear to the superannuation sector that it needs to develop the ability to deliver a coordinated industry response in the face of a cyber incident affecting multiple stakeholders.
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