Cybersecurity firm Sophos Group plc today announced a new partnership with risk mitigation company Cysurance LLC to provide fixed-price cyber insurance to Sophos’ managed detection and response customers in the U.S. Cyber insurance isn’t new. Sophos, for example, already has a relationship with Cowbell Cyber Inc. to provide its customers with cyber insurance. However, the policies offered under ...

A new report today from cybersecurity recruit firm Pinpoint Search Group finds that venture capital funding of cybersecurity startups plummeted 55% in the second quarter of this year from a year ago. Pinpoint tracked 115 funding and merger and acquisition transactions in the cybersecurity sector in the second quarter, with the total coming in at $1.9 billion, ...

Payments processing provider Checkout.com Inc. today launched its first product focused on improving the customer onboarding and identity verification process. Checkout.com’s new Identity Verification service uses artificial intelligence trained on billions of identity and facial recognition documents. The solution leverages an in-depth list of identification documents from 195 countries, enabling the Identity Verification service to verify nearly every ...

Buyout firm TPG Capital today said it will acquire the government business of cybersecurity company Forcepoint LLC for $2.45 billion, a figure higher than what the entirety of Forcepoint was acquired for by Francisco Partners in 2021. TPG is buying a unit of Forcepoint known as “G2CI,” which caters to government and critical infrastructure customers. ...

Quantum computing company Eviden SAS, an Atos SE company, today announced a new partnership with French quantum computing startup Alice & Bob to integrate Alice & Bob’s cat qubit technology into Eviden’s quantum application development platform, Qaptiva. Named after the Schrödinger’s cat thought experiment, cat qubits are a type of superconducting qubits that are being developed to ...

Web 2.0-era personal productivity app maker Evernote Corp., acquired by Italian technology company Bending Spoons S.p.A. in November, has laid off most of its staff in the U.S. and Chile and has relocated the remaining staff to Italy. In a statement from Bending Spoons Chief Executive Officer Luca Ferrari reported July 7 by SFGate, most of Evernote’s ...

Decision intelligence startup Quantexa Ltd. today announced that it plans to invest more than $155 million in the global artificial intelligence industry in the next three years to help clients advance the use of AI to protect, optimize and grow their organizations. The seven-year-old company also previewed its generative AI technology, Q Assist, alongside its investment plans. ...

Cisco Systems Inc. published a security advisory Wednesday warning customers of a high-severity vulnerability in its Nexus 9000 Series Fabric Switches in ACI mode that could allow an unauthenticated, remote attacker to read or modify inter-site encrypted traffic. The vulnerability, designated CVE-2023-20185, stems from a problem in the implementation of the ciphers used by the switches’ CloudSec ...

Cloud directory-as-a-service provider JumpCloud Inc. has reset admin application programming interface keys for customers due to an unspecified “ongoing incident.” Exactly what the ongoing incident is was not specified. A notice sent to customers stated only that the company was resetting the API keys out of an abundance of caution. “We have done this to protect your ...

Nvidia Corp. is collaborating with Intel Corp. to provide extensive attestation services for Nvidia H100 GPUs, using Intel Trust Domain Extensions and Intel’s trust service, “Project Amber,” for customers that deploy confidentiality-preserving artificial intelligence solutions. The announcement was made at the Confidential Computing Summit in San Francisco last week but was highlighted today, with further details provided ...