Israeli cloud security platform startup Lightspin Technologies Ltd. announced today that it has raised $16 million in funding, with plans to triple its headcount. Dell Technologies Capital led the Series A round, with Ibex Investors also participating. Including the new funding, Lightspin has raised $20 million to date. Founded in 2020, Lightspin offers a context-based cloud ...

Managed detection and response firm Pondurance LLC revealed today that it has acquired advisory and assessment services provider Bearing Cybersecurity & Consulting LLC for an undisclosed price. Based in Rockwall, Texas, Bearing develops software solutions across different industries, including financial services, private equity, health, retail, transportation and entertainment. The company offers its software both directly and ...

Lidar company Quanergy Systems Inc. today announced its intention to go public through a special-purpose acquisition company merger with CITIC Capital Acquisition Corp. The deal values Quanergy at $1.1 billion, with the combined companies having an implied equity value of $1.4 billion. CCAC had previously raised $240 million in an initial public offering on the New York ...

Google LLC today expanded the general availability of its device management service Android Enterprise Essentials to partners in the U.S., the U.K, Japan, France and Germany. Launched in January, Android Enterprise Solutions is a mobile management and security solution aimed at small to medium-sized enterprises. The service is pitched as making it easy to protect ...

The price of bitcoin dropped in trading today on news that the Communist Party of China has further cracked down on the trading of bitcoin and bitcoin mining. The People’s Bank of China said today that the country’s major financial institutions must stop facilitating virtual-currency transactions. The PBOC is China’s central bank responsible for carrying ...

Cybersecurity company Lookout Inc. today announced an expanded partnership with Google Cloud to deliver endpoint-to-cloud security to organizations around the world. Under the new partnership, Lookout has delivered new BeyondCorp Alliance product integrations and debuted its Lookout Mobile Endpoint Security solution on Google Cloud Marketplace. BeyondCorp is Google LLC’s implementation of the zero-trust model, a security framework ...

Cloud-native security startup Aqua Security Software Ltd. today published new research revealing that it can now take less than an hour for vulnerable software container infrastructure to be exploited. The report, coming amid a continued rise in cyberattacks targeting container infrastructure, details how bad actors are getting better at hiding their increasingly sophisticated attacks. These involve ...

A hacker allegedly tried to poison water being processed at a San Francisco Bay Area water treatment plant, according to an NBC News report late last week. The attack took place on Jan. 15 and involved the person gaining access to the water treatment plant network by using a former employee’s TeamViewer account credentials. Having gained ...

Shares in genetic testing company 23andMe Holding Co. surged on their first day of trading today following its merger with Richard Branson’s special-purpose acquisition company VG Acquisition Corp. The shares of the merged company closed regular trading at $13.32, up 21% on a day the Nasdaq itself rose less than a percentage point. Under the ...

The world’s largest cruise operator Carnival Corp. & plc today disclosed a new data breach involving the theft of personal data, its third data breach in just over two years. The latest data breach was detected on March 19. The breach involved the theft of “personal information relating to some guests, employees and crew for ...