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 …
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 …
The Biden administration has emphasized the importance of strong security standards in open-source software development during a two-day summit attended by technology companies, banks, and industry groups. Anne Neuberger, deputy national security adviser for cyber and emerging technology, stated that the administration wants companies to expand their use of software bill of materials, which provide …
Text size – + Nvidia shares had more than tripled in value this year so far going into Wednesday’s earnings report. Photo by Justin Sullivan/Getty Images Nvidia shares surged to a record high in intraday trading as analysts welcomed results showing the artificial-intelligence boom is still powering its growth. Nvidia (ticker: NVDA) stock was up …
Norwegian security officials have issued a warning to approximately 20 critical infrastructure companies, businesses, and public agencies in the country, alerting them that they may be at risk of a cyberattack similar to the one that targeted 12 government ministries earlier this week. The vulnerability in Ivanti’s management software, which has recently been discovered and …
The cyberattack on the popular software tool MoveIt has affected numerous companies, resulting in lawsuits over mishandling of data. This incident highlights how cyberattacks can impact entire supply chains, as even non-users of MoveIt have been drawn into the breaches due to their association with affected business partners. Brett Callow, a threat analyst at cybersecurity …
The cyberattack on the widely used software tool, MoveIt, has expanded to more companies, leading to a rise in lawsuits alleging mishandling of data. This incident highlights how cyberattacks can impact supply chains, as some companies have been affected even if they didn’t directly use MoveIt but had business partners who did. Brett Callow, a …
Cybersecurity firm Netcraft has received a substantial investment of $100 million from Spectrum Equity Management, a growth-investment firm, and has appointed Ryan Woodley as its new CEO. The company aims to expand its operations in the United States. Netcraft analyzes over 5 million threat reports and suspicious web addresses daily, utilizing automation to gather information …
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 …
Companies are preparing for forthcoming mandatory climate disclosure regulations in the U.S., Europe, and globally, set to take effect within the next two to three years. The task of accounting for greenhouse gas emissions may seem overwhelming, but sustainability executives at HP, Holcim, and Nestlé, all of whom have been reporting emissions for over a …