shutterstock_490960141-1

Industry News: ESG5

      Thoma Bravo's LogRhythm Merges With Exabeam In More Cybersecurity Consolidation

      2024-05-16

      Yahoo Finance: Private equity giant Thoma Bravo has announced that its security information and event management (SIEM) company LogRhythm will be merging with Exabeam, a rival cybersecurity company backed by the likes of Cisco and Lightspeed Venture Partners.

      Read more...

      Crypto Hedge Fund BlockTower Suffers A Major Exploit, But How?

      2024-05-15

      TechReport: A prominent crypto hedge fund, BlockTower Capital, has emerged as the last firm to suffer a major blow from hackers. According to reports, hackers infiltrated the company’s system, carting away a hefty sum from its assets under management (AUM).  

      Read more...

      Accel Has a Fresh $650 Million to Back European Early-Stage Startups

      2024-05-13

      TechCrunch: Early-stage rounds continue to account for the majority of investments in the European startup market, and one of the biggest firms in the region announced a new fund to bolster that trend.

      Read more...

      Third-Party Data Breaches Rose 49% in 2023, Reaching Record Level, New Prevalent Study Finds

      2024-05-08

      Business Wire: Prevalent Inc. published its 2024 Third-Party Risk Management Study, finding that 61% of companies experienced a third-party data breach or cybersecurity incident last year. Breaches rose 20 points — or 49% — year over year, increasing threefold since 2021.

      Read more...

      Microsoft Will Hold Executives Accountable for Cybersecurity

      2024-05-08

      Dark Reading: Microsoft will make organizational changes and hold senior leadership directly accountable for cybersecurity as part of an expanded initiative to bolster security across its products and services.

      Read more...

      US Deploys Commerce and Communications Against Cyber Threats, Blinken Says

      2024-05-07

      CSO Online: The US government is doing everything it can to manage the cybersecurity challenges of quantum computing, cloud strategies, and generative AI and trying to secure sensitive technology hardware, Secretary of State Anthony Blinken said.

      Read more...

      Synopsys to Sell Unit for as Much as $2.1 Billion to Private Equity Firms

      2024-05-06

      Yahoo Finance: Chip-design company Synopsys Inc. is selling its software integrity business to two private equity firms for as much as $2.1 billion in cash. Clearlake Capital and Francisco Partners are buying the cybersecurity-focused business and will run it as a new, as-yet unnamed independent company, according to a statement.

      Read more...

      Cyber Firms Island, Corelight Raise Big

      2024-04-30

      Crunchbase: Cybersecurity venture funding saw a small bounce back in the first quarter of the year and a couple of large raises may indicate that trend continuing.

      Read more...

      US Merger Rules May Rein In Private Equity Cybersecurity Spending

      2024-04-30

      Yahoo Finance: In April 2024, UK cybersecurity company Darktrace agreed to be bought by US private equity (PE) company Thoma Bravo in a $5.3bn deal.

      Read more...

      Private Equity Firms Gain Enhanced Cyber Due Diligence and Portfolio Assessments with New Tool from BlackSwan Cyber

      2024-04-30

      PR Newswire: BlackSwan Cyber, a leading M&A Cybersecurity Advisor, has announced the release of its Cyber Maturity Assessment Platform. 

      Read more...

      About Castle Hall Diligence

      Castle Hall helps investors build comprehensive due diligence programs across hedge fund, private equity and long only portfolios More →

      Subscribe to Cyber Updates