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Plan Adviser: Commenters replying to the Securities and Exchange Commission’s three cybersecurity proposals requested additional flexibility and two years to comply with anything the regulator adopts, based on responses submitted through the deadline.
CSO: Microsoft revealed on May 24 that the Chinese threat group Volt Typhoon attempted to gain access to communications systems in the United States, including Navy infrastructure on Guam.
Yahoo Finance: Rubrik Inc, a U.S. cybersecurity software startup backed by Microsoft Corp and valued at $4 billion in a fundraising round two years ago, has hired banks for an initial public offering, four people familiar with the matter said.
Blockchain News: Leading cryptocurrency exchange Binance has assisted US law enforcement in seizing $4.4 million and freezing accounts associated with North Korean organized crime.
Yahoo Finance: Palo Alto Networks Inc. raised its annual forecasts for revenue and adjusted profit as enterprise customers shift to one-stop shops for their cybersecurity needs in a bid to reduce costs.
US News: Top U.S. cybersecurity companies are expected to report another quarter of strong growth as high-profile hacks and a shift in client preference for bigger players with better integrated offerings help support their businesses in a turbulent economy.
Yahoo Finance: The rise in cyberattacks is bad news for business—but it has been good news for Huntress, a company that helps small and medium-sized businesses protect themselves against cyberattacks, and just raised its biggest round ever.
BeinCrypto: Over the past few years, the SEC has tightened its regulatory oversight of cryptocurrency private funds. Admittedly, the SEC is responsible for regulating securities and investments in the United States.
Dark Reading: The FBI is requesting more than $63 million in new funding to fight cyber threats in 2024. On April 27, FBI Director Christopher Wray presented before the House Committee on Appropriations Subcommittee on Commerce, Justice, Science.
The Economic Times: The United States is sending more of its cyber forces abroad to help foreign governments fight hackers, a top US military official said at the RSA cybersecurity conference in San Francisco.
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