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BNN Bloomberg: CrowdStrike Holdings Inc., the cybersecurity company at the center of massive global IT outages, said that a bug in a safety mechanism allowed flawed data to go out to customers in a botched update, causing last week’s meltdown.
Yahoo Finance: Optiv, the cyber advisory and solutions leader, has published its 2024 Threat and Risk Management Report, which examines how organizations' cybersecurity investments and governance priorities are keeping up with the evolving threat landscape.
The Guardian: The cybersecurity firm Wiz has turned down a $23bn (£18bn) takeover bid from Google’s parent, Alphabet, spurning what would have been the tech company’s biggest ever acquisition and seeking a stock market flotation instead.
Dark Reading: Tony Bradley, a seasoned communications professional in the cybersecurity industry, was blindsided when he was recently laid off from his role as a marketing director.
Dark Reading: A new analysis by Netskope of anonymized AI app usage data from customer environments showed substantially more organizations have begun using blocking controls, data loss prevention (DLP) tools, live coaching, and other mechanisms to mitigate risk.
Crunchbase: Venture funding to cybersecurity startups had its best quarter since Q1 2022 — surging 144% year to year — and seemingly building off a strong start to the year.
Advisor.ca: Ticketmaster’s recent data security incident, which potentially compromised the personal information of millions of people, is a poignant reminder of the need for individuals, organizations and companies to take cybersecurity seriously, says Raj Lala, president and CEO of Evolve Funds Group Inc. in Toronto.
CFO Dive: The findings come as businesses grapple with escalating cybersecurity threats. Sixty-one percent of organizations represented in the research had a data breach or cybersecurity incident in the past two years. More than half of respondents (55%) said their organization has experienced more than four to five of such incidents.
Forbes: From healthcare to manufacturing to agriculture and beyond, artificial intelligence (AI) is revamping business models and creating new opportunities for organizations to innovate.
MSN: Cyber insurance premiums are falling globally as businesses become more adept in curbing their losses from cyber crime, even as ransomware attacks are rising, broker Howden said in a report.
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