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Forbes: The short breach notification timeline attached to the SEC’s new cybersecurity disclosure rule is loud and clear: C-Suite leaders and boards have important work to do in ensuring their organizations can quickly identify, understand and publicly disclose material cybersecurity events and impacts.
Crunchbase: Just two years ago venture funding to cybersecurity was on fire, with more than $23 billion flooding the sector. In 2023, cyber startups saw only about a third of that, as venture funding dipped to its lowest total since 2018.
BNN Bloomberg: Governments and businesses are not prepared for the havoc quantum computers will sow in cybersecurity by the end of the decade, according to an International Business Machines Corp. executive.
Business Wire: Cyber incidents such as ransomware attacks, data breaches, and IT disruptions are the biggest worry for companies globally in 2024, according to the Allianz Risk Barometer.
TechCrunch: Thomvest Ventures is popping into 2024 with a new $250 million fund and the promotion of Umesh Padval and Nima Wedlake to the role of managing directors.
BNN Bloomberg: The Canadian government is joining forces with the cybersecurity ratings firm SecurityScorecard Inc. to bolster defenses for the country’s critical infrastructure.
SecurityWeek: Pinpoint’s 2023 annual cybersecurity funding report shows that there were a total of 437 funding and M&A transactions last year, including 346 funding rounds and 91 M&A deals.
US News: The hack of the U.S. Securities and Exchange Commission's official account on X renewed concerns about the social media platform's security since its takeover by billionaire Elon Musk in 2022.
Yahoo News: Advances in artificial intelligence may facilitate hacking, scamming and money laundering by reducing the technical know-how required to carry out such crimes, top U.S. law enforcement and intelligence officials said
TechCrunch: SentinelOne’s deal to acquire PingSafe values the Peak XV-backed young startup at over $100 million, two sources familiar with the matter told TechCrunch, in one of the strongest and fastest exits emerging from India.
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