Russia banned the cybersecurity company Recorded Future on Wednesday, labeling it an “undesirable” organization — much to its CEO’s delight. The company stands accused of collaborating with the Central Intelligence Agency, Ukraine and other countries. “They provide information and technical support for the propaganda campaign launched by the West against Russia,” Russia’s Office of Prosecutor…
Category: Money
Arctic Wolf, BlackBerry Cylance, Global Security News, Money
Arctic Wolf acquires Cylance from BlackBerry for $160 million
Minnesota-based Arctic Wolf, a cybersecurity operations firm, announced an agreement Monday to acquire BlackBerry’s Cylance business for $160 million, a stark drop from the $1.4 billion BlackBerry initially paid to acquire the startup in 2018. Arctic Wolf is integrating Cylance’s AI-powered endpoint security technology into its platform to broaden its security solutions. With this acquisition,…
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Senators, witnesses: $3B for ‘rip and replace’ a good start to preventing Salt Typhoon-style breaches
The $3 billion that Congress folded into the annual defense policy bill to remove Chinese-made telecommunications technology from U.S. networks would be a huge start to defending against breaches like the Salt Typhoon espionage campaign, senators and hearing witnesses said Wednesday. Federal Communications Commission Chairwoman Jessica Rosenworcel recently told Hill leaders that the $1.9 billion…