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Author Archives: Mike Lennon

Cyber Insurance Market to Top $14 Billion by 2022: Report

Posted on December 9, 2016 by Mike Lennon

The global cyber insurance market is expected to generate $14 billion by 2022, according to a new report published by Allied Market Research (AMR). That figure represents an impressive compound annual growth rate (CAGR) of nearly 28% from 2016 to 2022…. Continue reading Cyber Insurance Market to Top $14 Billion by 2022: Report→

Posted in NEWS & INDUSTRY, risk management

Optiv Security to Be Acquired By Private Equity Firm KKR

Posted on December 6, 2016 by Mike Lennon

Optiv Security, the cyber security company formed as a result of the merger of Accuvant and FishNet Security, today announced that private equity giant Kohlberg Kravis Roberts & Co. (KKR) will acquire a majority stake in the security firm.
read mor… Continue reading Optiv Security to Be Acquired By Private Equity Firm KKR→

Posted in Management & Strategy, NEWS & INDUSTRY

“Gooligan” Android Malware Steals Authentication Tokens to Hack User Accounts

Posted on November 30, 2016 by Mike Lennon

“Gooligan” Android Malware Steals Authentication Tokens to Compromise More Than 1 Million Google User Accounts
read more

Continue reading “Gooligan” Android Malware Steals Authentication Tokens to Hack User Accounts→

Posted in mobile security, NEWS & INDUSTRY

FireEye Unveils Helix Platform to Streamline Security Operations

Posted on November 30, 2016 by Mike Lennon

Just weeks after launching new cloud-based network security and threat intelligence offerings, FireEye on Tuesday unveiled a new platform designed to help customers efficiently integrate and automate security operations functions.
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Continue reading FireEye Unveils Helix Platform to Streamline Security Operations→

Posted in Incident response, NEWS & INDUSTRY

Managed Security Services Firm Proficio Raises $12 Million

Posted on November 28, 2016 by Mike Lennon

Proficio, a provider of managed detection and response services, announced on Monday that it has closed a $12 million round of funding from private equity firm Kayne Anderson Capital Advisors and Singapore-based telecommunications provider M1.
read mor… Continue reading Managed Security Services Firm Proficio Raises $12 Million→

Posted in Incident response, NEWS & INDUSTRY

Symantec to Acquire LifeLock for $2.3 Billion

Posted on November 21, 2016 by Mike Lennon

Information security giant Symantec said on Monday that it will acquire identity protection firm LifeLock for $2.3 billion. 
Under the terms of the agreement, Symantec will pay $24 per share in a transaction financed with cash on hand and $750 mil… Continue reading Symantec to Acquire LifeLock for $2.3 Billion→

Posted in Fraud & Identity Theft, NEWS & INDUSTRY

Symantec to Acquire LifeLock for $2.3 Billion

Posted on November 21, 2016 by Mike Lennon

Information security giant Symantec said on Monday that it will acquire identity protection firm LifeLock for $2.3 billion. 
Under the terms of the agreement, Symantec will pay $24 per share in a transaction financed with cash on hand and $750 mil… Continue reading Symantec to Acquire LifeLock for $2.3 Billion→

Posted in Fraud & Identity Theft, NEWS & INDUSTRY

Digital Threat Monitoring Firm RiskIQ Raises $30 Million

Posted on November 11, 2016 by Mike Lennon

RiskIQ, a company that helps detect digital threats stemming from areas such as the Web, malvertising and social media, announced that it has closed $30.5 million in a Series C funding round led by Georgian Partners. 
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Continue reading Digital Threat Monitoring Firm RiskIQ Raises $30 Million→

Posted in malware, Network Security, NEWS & INDUSTRY, vulnerabilities

Hackers Pillage Systems at Casino Rama Resort

Posted on November 10, 2016 by Mike Lennon

Canada based Casino Rama Resort said that a hacker broke into its internal computer systems and accessed detailed company, customer, employee and vendor information. 
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Continue reading Hackers Pillage Systems at Casino Rama Resort→

Posted in Incident response, NEWS & INDUSTRY

Synopsys to Acquire Code Testing Firm Cigital

Posted on November 7, 2016 by Mike Lennon

read more

Continue reading Synopsys to Acquire Code Testing Firm Cigital→

Posted in Management & Strategy, NEWS & INDUSTRY, vulnerabilities

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