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Investing.com: Rapid7, Inc., a cybersecurity company generating $849 million in annual revenue with healthy gross margins of 71%, announced the release of Active Patching, a new automated patching and remediation solution integrated into its Exposure Command platform.
Dark Reading: Darktrace has acquired Mira Security, a startup that provides network traffic visibility solutions. Financial terms were not disclosed. The acquisition will strengthen Darktrace's network security portfolio through improved insights into encrypted network traffic, the company said.
Cointelegraph: US House Republicans are seeking to cut the Securities and Exchange Commission’s 2026 budget by 7%, while axing funds for enforcing a Biden-era rule that requires public companies to disclose cyber incidents.
CNBC: Microsoft has warned of “active attacks” targeting its SharePoint collaboration software, with security researchers noting that organizations worldwide stand to be affected by the breach.
Dark Reading: Last year, breaches resulting from exploited vulnerabilities increased 180%, while the average cost of a data breach the US topped nearly $5 million.
TechCrunch: The Trump administration, through the Department of Defense, plans to spend $1 billion over the next four years on what it calls “offensive cyber operations.”
The Target: Crypto ATM operator Bitcoin Depot
The Take: Bitcoin Depot said in its notice to customers that the breach involved their name, phone number, driver’s license number and could have also included addresses, birth dates and emails.
The Vector: On July 18, 2024, the cybersecurity firm finished its investigation and “confirmed that an unauthorized party accessed files containing personal information of certain customers,” according to a spokesperson and the customer notice.
This breach is a stark reminder of how strong authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.
Business Wire: Cyberstarts, the leading early-stage cybersecurity venture firm, announced the launch of a $300 million Employee Liquidity Fund.
CSO Online: Donald Trump's sprawling tax bill, which he signed on July 4, contained a few noteworthy cyber funding items, including $250 million for US Cyber Command to spend on “artificial intelligence lines of effort.”
Investing.com: HgCapital Trust plc announced it will invest approximately £48 million in A-LIGN, a provider of cyber compliance services, as part of a larger acquisition by Hg.
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