Google announced Tuesday it will acquire cloud security firm Wiz for $32 billion. The move pairs Google — among the world’s largest cloud service providers — with one of the most promising cloud security startups. The purchase comes less than a year after Wiz rejected a previous $23 billion bid from Google, with executives saying…
Category: Money
blockchain, Chainalysis, Crypto, crypto crime, CryptoCurrency, Cybercrime, Cybersecurity, Elliptic, ethereum, Exploits, Global Security News, Lazarus Group, Money, North Korea, TRM Labs
Crypto analysts stunned by Lazarus Group’s capabilities in $1.46B Bybit theft
Last week’s $1.46 billion Ethereum theft by North Korean-linked Lazarus Group has sent shockwaves through the cybercrime ecosystem, as it has not only joined the ranks of the largest known financial thefts in history but also demonstrated that the group’s skillset is presenting new challenges for defenders. In the wake of the theft, numerous experts…
Akira, ALPHV, Chainalysis, Cybersecurity, Exploits, Federal Bureau of Investigation (FBI), Global Security News, INC, LockBit, Money, Ransomware, Threats, uk
Ransomware payments dropped 35% in 2024
Ransomware payments saw a dramatic 35% drop last year compared to 2023, even as the overall frequency of ransomware attacks increased, according to a new report released by blockchain analysis firm Chainalysis. The considerable decline in extortion payments is somewhat surprising, given that other cybersecurity firms have claimed that 2024 saw the most ransomware activity…
Central Intelligence Agency, Commerce Department, Geopolitics, Global Security News, Google, Kaspersky, Mastercard, Money, North America, Recorded Future, Russia, Ukraine
Russia bans cybersecurity company Recorded Future
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…
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…