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BNN Bloomberg: UK cybersecurity company Darktrace Plc agreed to sell itself to private equity firm Thoma Bravo for an equity value of about $5.32 billion. The deal will give Darktrace holders $7.75 in cash, or 620 pence per share, the companies said in a statement.
SecurityWeek: IBM and HashiCorp have entered into a definitive agreement approved by the boards of both companies, but the deal still requires approval from regulators. The transaction is expected to close by the end of the year.
PR Newswire: Abacus Group, the leading Managed Services Provider ("MSP") to financial services firms with specialized cybersecurity expertise provided by Gotham Security, an Abacus Group company, unveils a revamp of its integrated IT and security solutions and services to meet the changing needs of the financial services industry.
CNBC: Enterprise technology titan Cisco Systems unveiled a new security architecture product aimed at securing data centers, clouds, and other IT environments with the help of AI.
BNN Bloomberg: Armis, the multibillion-dollar cybersecurity startup that has been positioning itself for a public listing, has bought the platform Silk Security for $150 million, marking its second acquisition in a matter of months.
Yahoo Finance: Coro, the leading cybersecurity platform for small and medium-sized enterprises (SMEs), announced the results of its 2024 SME Security Workload Impact Report, revealing that cybersecurity professionals are overwhelmed by the complexity and demands of managing multiple tools in their security stack.
TechCrunch: Cybersecurity has had a rough go of it lately, with investment in the sector dropping a precipitous 40% compared to the year prior. But there are promising early, even preliminary, signs of a recovery.
CSO Online: The United States Supreme Court unanimous ruling on an SEC disclosure case on Friday could have direct consequences on how security executives report cybersecurity incidents.
Dark Reading: Dave Luber began as the National Security Agency’s (NSA) new Director of Cybersecurity on April 1, 2024. As the new Cybersecurity Director, he oversees NSA’s Cybersecurity Directorate (CSD), whose critical mission is to prevent and eradicate cyber threats to the Department of Defense, National Security Systems, and the Defense Industrial Base.
Cointelegraph: The United States National Institute of Standards and Technology (NIST) said it awarded cooperative agreements of almost $3.6 million, aiming to build a workforce to help guard businesses against cybersecurity risks.
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