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MSN: Palo Alto Networks' fourth-quarter billings forecast disappointed investors, a sign of tight corporate spending on cybersecurity solutions, sending its shares down more than 8% in aftermarket trading.
Dark Reading: ZeroRisk Cybersecurity is thrilled to announce the launch of its U.S. operations including the opening of its first U.S. office, marking a significant milestone in the company's global expansion strategy.
Yahoo Finance: CyberArk Software Ltd. agreed to buy Venafi, a cybersecurity company backed by private equity firm Thoma Bravo, for $1.54 billion.
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.
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).
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.
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.
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.
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.
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.
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