The Alluring Impact of AI in Cybersecurity: Cisco’s Splunk Deal

With the $28 billion acquisition of Splunk by network-equipment giant Cisco Systems, Splunk and Cisco aim to develop AI-driven cybersecurity monitoring tools for real-time detection of hacking threats, enabling businesses to prevent cyberattacks from damaging corporate networks. Splunk, a 20-year-old technology company that has not yet turned a profit, has been pursuing this goal and …

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Dragos Secures $74 Million in Series D Extension Round, Aiming for Enhanced Growth and Expansion

Dragos, a leading cybersecurity company, has raised an impressive $74 million in an extension to its original Series D funding round, which took place in October 2021. With a focus on defending industrial technology environments like water utilities and power-grid operators, Dragos provides specialized cybersecurity software. The extension round was led by venture-capital firm WestCap …

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Honeywell Acquires Scadafence, an Israeli Cybersecurity Business

Honeywell International announced on Monday that it has reached an agreement to acquire Scadafence, an Israeli company that specializes in operational-technology and Internet-of-Things cybersecurity solutions for monitoring large-scale networks. This acquisition strengthens Honeywell’s cybersecurity portfolio. Newsletter Sign-up WSJ Pro Cybersecurity Cybersecurity news, analysis, and insights from WSJ’s global team of reporters and editors. Honeywell acknowledges …

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