.png?width=200&height=78&name=CH%20Diligence%20(thicker%20line).png "CH Diligence (thicker line).png")
MSN: Thoma Bravo-backed cybersecurity firm Sophos said it would acquire Secureworks from Dell Technologies for $859 million in cash to strengthen its product lineup for enterprise customers.
Yahoo Finance: Cybersecurity services provider Socket said it has raised $40 million in a mid-stage round from a host of existing and new investors, including OpenAI Chairman Bret Taylor, Yahoo Co-Founder Jerry Yang and Shopify CEO Tobias Lutke.
BNN Bloomberg: Four hacked companies will pay a total of almost $7 million to settle US Securities and Exchange Commission allegations that they downplayed the significance of the cyberattacks, the latest fallout from the massive SolarWinds Corp. breach.
Cybersecurity Dive: As cybersecurity concerns grow around the globe, senior executives and board members are looking to the CISO to help shape how companies manage risk and think strategically about growing technology estates.
Yahoo Finance: As technology advances at a rapid pace, even the most sophisticated organizations struggle to keep up — especially when it comes to cybersecurity.
TechCrunch: Not everyone is convinced of generative AI’s return on investment. But many investors are, judging by the latest figures from funding tracker PitchBook.
The Target: U.S. money transfer giant MoneyGram.
The Take: The stolen customer data includes names, phone numbers, postal and email addresses, dates of birth, and national identification numbers. The data also includes a “limited number” of Social Security numbers and government identification documents, such as driver’s licenses and other documents that contain personal information, like utility bills and bank account numbers.
The Vector: BleepingComputer first reported that MoneyGram was breached through a social engineering attack on its IT help desk where threat actors impersonated an employee. Once they gained access to the network, the threat actors initially targeted the Windows active directory services to steal employee information.
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.
Crunchbase: After a robust comeback in the second quarter of this year, funding to cybersecurity startups tumbled 51% in Q3 as investors pulled back.
TechCrunch: Fidelity Investments, one of the world’s largest asset managers, has confirmed that over 77,000 customers had personal information compromised during an August data breach, including Social Security numbers and driver’s licenses.
Forbes: As the CEO of a cybersecurity firm, I've witnessed the evolution of cybersecurity from a niche concern to a cornerstone of strategic business planning.
Castle Hall helps investors build comprehensive due diligence programs across hedge fund, private equity and long only portfolios More →
Montreal
1080 Côte du Beaver Hall, Suite 904
Montreal, QC
Canada, H2Z 1S8
+1-450-465-8880
Halifax
168 Hobsons Lake Drive Suite 301
Beechville, NS
Canada, B3S 0G4
Tel: +1 902 429 8880
Manila
10th Floor, Two Ecom Center
Mall of Asia Complex
Harbor Dr, Pasay, 1300 Metro Manila
Philippines
Sydney
Level 15 Grosvenor Place
225 George Street, Sydney NSW 2000
Australia
Tel: +61 (2) 8823 3370
Abu Dhabi
Floor No. 15 Al Sarab Tower,
Adgm Square,
Al Maryah Island, Abu Dhabi, UAE
Tel: +971 (2) 694 8510
Copyright © 2021 Entreprise Castle Hall Alternatives, Inc. All Rights Reserved.
Terms of Service and Privacy Policy