San Francisco Bay Area-based cybersecurity startup CloudStrike Inc. today set the terms of its initial public offering ahead of its debut on the Nasdaq exchange. The company is offering 18 million shares at between $19 and $23 for a raise of between $342 million and $414 million. CrowdStrike’s valuation on those figures will come in between $3.7 billion ...

Palo Alto Networks Inc. was busy on the acquisition front today, acquiring Portland, Oregon-based cybersecurity startup Twistlock Ltd. and Israeli serverless security platform provider PureSec Ltd. The Twistlock deal came in at about $410 million in cash, whereas the terms of the PureSec acquisition were not disclosed. PureSec had raised $10 million in venture capital funding from ...

Palo Alto Networks Inc. today announced a new cloud security suite designed to provide easier-to-use advanced security features. Called Prisma, the suite is said to build on the existing success of Palo Alto Networks’ security products with “new experiences.” Those experiences include simplifying access, data protection and application security. Prisma comes with four different offerings: ...

Intel Capital today led a $17 million round into TriEye Technologies Ltd., an Israeli startup developing Short Wave Infrared imaging solutions for autonomous vehicles. Founded in 2016, TriEye’s SWIR imaging solutions are designed to assist autonomous vehicles in being able to “see” better under limited visibility solutions such as darkness, fog and dust. The company’s ...

Messaging app firm Kik Interactive Inc. announced today that it’s crowdsourcing donations to help it fight a likely legal battle with the U.S. Securities and Exchange Commission over its 2017 initial coin offering. Kik raised $98 million in the ICO, including $50 million in presales for Kin, an Ethereum blockchain-based cryptocurrency that was pitched both as allowing the company ...

Cybersecurity firm FireEye Inc. today said it has acquired monitoring startup Verodin Inc. for $250 million in a cash-and-stock deal. Founded in 2014, Verodin’s offers a Security Instrumentation Platform that has been designed to allow businesses to track the effectiveness of cybersecurity controls, enabling them to validate the protection of their business-critical assets. The company’s cloud-based SIP can ...

Around 139 million customer records have been stolen in a hack that targeted graphic design tool website Canva Pty. Ltd. The data theft occurred on May 24, with the details coming to light only after the hacker or hacking group behind the attack, GnosticPlayers, tipped off ZDNet Friday. The data stolen included customer usernames, real names, email addresses ...

After a week in which the price of bitcoin vacillated wildly, the cryptocurrency returned to a bull run on Sunday, hitting its highest level in just over 12 months and teasing the $9,000 mark. Bitcoin hit a recent low of $7,905.27 at 7:35 a.m. EDT Sunday before buyers entered the market at 3 p.m., driving it to ...

A security flaw in the website of First American Financial Corp., the large real estate title insurance firm, has exposed over 885 million private and confidential customer records dating back to 2003. Discovered by a real estate developer who contacted KrebsOnSecurity, the data exposure outlined on the site Friday related to how documents stored by ...

EternalBlue, the hacking exploits developed by the U.S. National Security Agency that were leaked in 2017, were used in the ransomware attack that targeted the City of Baltimore, The New York Times reported Saturday. The attack on Baltimore, the most recent city to be targeted in a ransomware attack, was first detected May 7 and as of May ...