Cisco plans to make its third tuck-in cybersecurity acquisition of 2023 to protect email, cloud office applications and enterprise communications through natural language understanding. Cisco will take advantage of Armorblox's predictive and generative AI to help customers bolster their security.
Cisco Security Executive Vice President and General Manager Jeetu Patel said the industry struggles to address multifaceted attacks that originate in email and include bad links, malware downloads to a device and more. Cyber defenders need correlated data from multiple sources of telemetry, he said.
Expel, CrowdStrike and Red Canary held steady atop Forrester's MDR rankings, while Secureworks and Binary Defense tumbled from the leaders category. Providers have turned their attention from maximizing their efficacy at detecting ransomware to finding faster and better ways to respond to attacks.
Data443 has bought Cyren's threat intelligence, URL categorization and email security technology out of bankruptcy for up to $3.5 million. Buying Cyren's anti-spam, virus outbreak detection, IP reputation, URL filtering and Threat InDepth data feeds will boost Data443's existing product portfolio.
Business email compromise, end-user education, forensic archiving and recovery can be confounding to SMBs that lack the resources for a traditional secure email gateway. The rise of cloud-based email offerings means that SMBs can now get the same level of email protection without using a gateway.
Check Point's product sales have taken their biggest nosedive since 2018 as customers extend sales cycles and postpone projects while prospects decline to buy new products. The company said businesses have increasingly delayed product refresh projects since November in an effort to tighten budgets.
Threat actors are exploiting the ongoing economic downturn by using job-themed phishing and malware campaigns to target job seekers and employers to steal sensitive information and hack company recruiters. Researchers advise companies to be wary of attachments and URLs.
The Royal ransomware group targeting critical infrastructure in the United States and other countries is made up of experienced ransomware attackers and has strong similarities to Conti, the infamous Russia-linked hacking group, according to a new alert issued by U.S. authorities.
Cyren plans to cease operations and pursue liquidation after the email security and threat detection vendor failed to sell assets or raise more capital. The company terminated the employment of all remaining workers, commenced a bankruptcy proceeding in Israel and told Nasdaq to delist the company.
The world's largest cybersecurity vendor continues to pull away from the competition. Microsoft's security sales surpassed $20 billion in 2022 after 33% annual growth. The cloud computing and software giant continues to reap the rewards of security tool consolidation.
Sophos will execute the second-largest round of layoffs of any security company in the current economic downturn, axing 450 workers amid a shift to MDR services. Sophos plans to reduce its staff by 10% in a move to balance growth and profitability in a challenging and uncertain economic environment.
A member of a criminal data breach forum that tried to sell the email addresses of 400 million Twitter users to CEO Elon Musk last month has now posted the stolen data for anyone to download for free. The 63GB of data includes names, handles, creation dates, follower counts and email addresses.
Acquiring Area 1 Security has allowed Cloudflare to extend its network protection capabilities from DDoS attacks to phishing emails, says co-founder and CEO Matthew Prince. Area 1's technology means customers will enjoy a better rate of detection with fewer false positives than legacy offerings.
Permira's $5.8 billion acquisition of Mimecast has allowed the email security vendor to make product and technology investments that don't provide an immediate financial return. Several buyers expressed interest in taking Mimecast private, and CEO Peter Bauer is glad the firm ended up with Permira.
All employees should consider upholding the security of the organization part of their job regardless of their official role at the company, says Equifax Business Information Security Officer Michael Owens. But creating an organization-wide cybersecurity culture is easier said than done.
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