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Security

The enterprise prepares for increasingly sophisticated, malicious cyberattacks

By Victor Dabrinze Nov 22, 2021

Given the explosion of new distributed computing frameworks, including hybrid and multicloud, the enterprise is also seeing a rise in new strains of ransomware and DDoS attacks across on-premises and cloud repositories. A more…

Security

Cybersecurity startup XM Cyber acquired for $700M by Schwarz Group

By Maria Deutscher Nov 22, 2021

Schwarz Group, one of the world’s largest retailers, has acquired cybersecurity startup XM Cyber Ltd. in a deal worth $700 million. The companies announced the acquisition this morning. Following the transaction, XM Cyber will…

Cloud

Avaya shares soar after strong earnings results

By Maria Deutscher Nov 22, 2021

Avaya Holdings Corp., a major provider of communications software for enterprises, today posted better-than-expected fourth-quarter results that sent its share price soaring more than 23%. NYSE-listed Avaya also reported results for the full 2021…

Blockchain

Crypto payments startup MoonPay raises $555M at a $3.4B valuation

By Kyt Dotson Nov 22, 2021

MoonPay, a cryptocurrency payment infrastructure startup, today announced that it has raised $555 million in its first-ever funding round led by Tiger Global Management and Coatue. Existing investor Blossom Capital and new investors NEA,…

AI

Red Hat OpenShift Data Science aims for more open approach to machine learning development

By Mike Wheatley Nov 22, 2021

Linux company Red Hat Inc. is trying to encourage more people to create their machine learning models on its OpenShift platform with the launch of its new Red Hat OpenShift Data Science service today.…

Security

Insurance companies cutting cybersecurity coverage amid surge in ransomware attacks

By Duncan Riley Nov 21, 2021

Insurance companies are cutting the amount they coverage in cybersecurity policies amid a surge in ransomware attacks over the last year. That attacks are increasing is well-known: A report in October found that ransomware attacks had…

Security

Nearly 600,000 records stolen from Utah medical services provider

By Duncan Riley Nov 21, 2021

A data breach has hit a Utah medical services provider, exposing the records of nearly 600,000 patients. The incident involved Utah Imaging Associates Inc., a radiology medical practice based in Farmington, Utah. In a…

Blockchain

El Salvador announces plans to build a so-called ‘Bitcoin City’

By Duncan Riley Nov 21, 2021

El Salvador’s president has announced an ambitious plan to build a so-called “Bitcoin City” in which the cryptocurrency will be the only legal tender. President Nayib Bukele made the announcement on Saturday night, claiming…

Security

Investors cash in as users fight a perpetual cyberwar

By Dave Vellante Nov 20, 2021

Despite the more than $100 billion spent each year fighting cybercrime, when we do an end-of-year look-back and ask, “How did we do,” the answer is invariably the same: worse than last year. Pre-pandemic,…

Security

Open-source leaders seek to fill the gaps in software supply chain security

By Mark Albertson Nov 19, 2021

Security of the software supply chain has gained significant attention over the past year. Two major cybersecurity attacks — SolarWinds and Kaseya — proved sharp reminders to reexamine every component of software development and deployment,…

the latest

The enterprise prepares for increasingly sophisticated, malicious cyberattacks

Cybersecurity startup XM Cyber acquired for $700M by Schwarz Group

Crypto payments startup MoonPay raises $555M at a $3.4B valuation

Red Hat OpenShift Data Science aims for more open approach to machine learning development

Insurance companies cutting cybersecurity coverage amid surge in ransomware attacks

Nearly 600,000 records stolen from Utah medical services provider

El Salvador announces plans to build a so-called ‘Bitcoin City’

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