The economic downturn has laid bare just how much of a disaster special purpose acquisition companies have been for the cyber industry. Despite this, confidential computing security vendor Hub decided to try its luck with a SPAC. So far, Hub's time on the Nasdaq Stock Exchange hasn't gone well.
Technologists were quick to point out that popular AI-based chatbot, ChatGPT, could lower the bar for attackers in phishing campaigns and even write malware code, but Cato Networks' Etay Maor advises taking these predictions "with a grain of salt" and explores the pros and cons of ChatGPT.
Embedding OpenAI technology in Microsoft Bing will help both hackers and cyber defenders. The AI tool could make it easier for hackers to drive traffic to malicious sites, avoid search engine blocking and distribute malware, but it could also help security teams with code analysis and threat intel.
Will large language models such as ChatGPT take cybercrime to new heights? Researchers say AI for malicious use so far remains a novelty rather than a useful and reliable cybercrime tool. But as AI capabilities and chatbots improve, the cybersecurity writing is on the wall.
Darktrace has brought in Ernst & Young to review the cybersecurity AI vendor's financial process and controls following bombshell allegations from short seller Quintessential Capital Management. The review comes weeks after QCM claimed that Darktrace overstated its sales, margins and growth rates.
Airbus has made a formal offer to purchase a 29.9% stake in Atos' $4.8 billion Evidian cybersecurity, big data and digital business. Atos says it will initiate negotiations focused on both Airbus' offer and a long-term strategic and technological partnership between the two organizations.
Francisco Partners has joined Thoma Bravo and Vista Equity Partners in the take-private cybersecurity spree, agreeing to buy data analytics vendor Sumo Logic for $1.7 billion. The offer will allow Sumo Logic to expand its market opportunity, innovate on critical solutions and accelerate growth.
The aim of AI in EDR solutions is to streamline the process to ensure humans are able to consume and understand the data in order to respond well, says Serge Woon, worldwide tech sales leader and co-founder at ReaQta, part of IBM. In this roundtable preview, he explains why AI is so crucial to EDR.
Meta has reached a $725 million agreement to resolve a class action lawsuit filed over Facebook's user data-sharing practices, after data for 87 million Facebook profiles was transferred to political consultancy Cambridge Analytica in violation of the social network's policies.
A surging Elastic has joined perennial stalwarts Splunk and Microsoft atop the Forrester Wave: Security Analytics 2022 report, toppling SIEM players Exabeam, Securonix and IBM. Elastic went from not even being mentioned in the December 2020 security analytics Forrester Wave to leading the industry.
Data management, supply chain assurance and regulatory evolution are among the topics touched upon in this look at the year ahead with Troy Leach, chief strategy officer of the Cloud Security Alliance. Find out what trends Leach is watching and the predictions he makes for 2023.
CEO Yotam Segev says Cyera eschews the focus of data loss prevention tools on blocking users from pulling down data and instead embraces an approach that reduces friction. Cyera has sought to safeguard data by making preventative changes in areas like configuration, permissions and security posture.
Atos turned down an unsolicited $4.12 billion offer from rival Onepoint to acquire the French conglomerate's $4.8 billion cybersecurity, big data and digital business. Atos received a letter of intent Tuesday related to the acquisition of its Evidian business by Onepoint and private equity fund ICG.
Jamf plans to buy startup ZecOps to extend its ability to detect and respond to sophisticated threats across Mac, iOS and Android devices. Jamf's proposed acquisition will provide threat hunting tools to determine if any advanced attacks have compromised mobile devices.
SentinelOne is taking on top rival CrowdStrike in the venture arena, unveiling a $100 million fund to support security and data startups of all sizes. S Ventures will give the company broader reach in adjacent markets and enable high-value integrations that can grow over time.