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The Guardian: Google’s owner, Alphabet, has agreed to buy the cybersecurity group Wiz for $32bn (£24.7bn), the biggest acquisition it has ever made.The search company’s purchase of the Israeli startup comes as Google attempts to catch its competitors Microsoft and Amazon in the competitive cloud services market.
Business Wire: Resecurity, a U.S.-based cybersecurity company protecting Fortune 500 companies and government agencies globally, has announced a strategic partnership with the Union of Arab Banks (UAB) to enhance cybersecurity capabilities, fraud prevention and threat intelligence sharing across the Arab banking and financial sectors.
GlobeNewswire: Ciso Global Inc., a leader in AI-powered security software, managed cybersecurity, and compliance, announced the product launch of CISO Edge, its next-generation AI-driven cloud security solution, now available to existing customers and channel partners.
Business Wire: Brighton Park Capital (“Brighton Park”), an investment firm focused on entrepreneur-led, growth-stage companies in software and healthcare, announced a growth investment in HITRUST, the leader in information security assurance for risk management and compliance.
The Target: The Japanese information and communication technology provider NTT Communications Corporation (NTT Com).
The Take: The threat actor, the company says, exfiltrated information on 17,891 customer companies, including contract numbers, customer names, contact names, phone numbers, email addresses, physical addresses, and information on service usage.
The Vector: The incident, the telecoms firm says, occurred on February 5, when an unnamed threat actor accessed its internal systems, including those hosting information on services provided to customer companies.
This breach highlights the extreme importance of timely software updates for known software vulnerabilities, not only in systems directly under a firm’s control, but in third-party systems the firm relies upon as well. The longer a firm, or its vendors, hold out on deploying the most up-to-date software for their systems, the greater the chance an attacker will exploit the issue.
MSN: The Australian securities watchdog said it is taking fixed-income broker FIIG to court, alleging it failed to implement adequate cybersecurity measures over a four-year period, enabling a hacker to infiltrate its IT network.
Tech Radar: The cyber sector in the UK has seen significant investment in the last few months, and has grown 12% in the last year, new analysis has claimed. The industry generated £13.2 billion in revenue over the past year, with a total gross value added of £7.8 billion, up 21% from the year before.
Tech Monitor: A report published by Australia-based Monash University has exposed the growing prevalence of ‘cyberwashing,’ a practice where organisations exaggerate their cybersecurity capabilities to create a misleading perception of robust data protection.
PYMNTS.com: Sola Security has raised $30 million for its no-code, artificial intelligence (AI)-powered cybersecurity platform. The seed funding, announced as the company emerged from stealth, will allow Sola to develop its solution, which it says lets businesses build security apps without needing “deep technical expertise” or having to spend too much.
SecurityWeek: National General, which offers home, vehicle, and other insurance coverage, suffered two data breaches in 2020 and 2021, resulting in the driver’s license numbers of more than 165,000 New Yorkers being compromised.
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