Collaborate Disseminate
Blackberry today announced it is spending $1.4 billion to acquire Cylance, a provider of cybersecurity software based on mathematical models, to extend the reach of its security portfolio into the realm of the internet of things (IoT). Blackberry CEO … Continue reading Blackberry Acquires Cylance to Apply AI to IoT Cybersecurity
Blackberry, the Canadian technology company that once was a giant in the mobile phone market, announced Friday that it is buying American cybersecurity company Cylance in a $1.4 billion cash deal. Although Cylance is expected to operate as a separate unit within its new parent company, Blackberry said it hopes Cylance’s artificial-intelligence-driven endpoint protection capabilities will mesh well with the security portfolio that it is trying to build. Blackberry has largely pivoted from making and selling smartphones to managing connected devices for enterprises. The acquisition — which had been the subject of rumors for at least a week — comes after Blackberry announced its new “Spark” platform in September, offering various internet-of-things (IoT) cybersecurity solutions. “The area we want to focus on growing is ‘enterprise of things’ which is the enterprise market of the IoT world,” Blackberry CEO John Chen said in a press call. Founded in 2012, Cylance is known for […]
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Continue reading Blackberry acquiring Cylance for $1.4 billion
In the Enterprise Security News, Avast launches AI-based software for phishing attacks, Carbon Black and Secureworks apply Red Cloak Analytics to Carbon Blacks Cloud, ShieldX integrates intention engine into Elastic Security Platform, and we have updat… Continue reading BlackBerry, Imperva, & CyberArk – Enterprise Security Weekly #111
The CEO of “uncrackable” phone seller, Phantom Secure, has pleaded guilty to helping drug sellers keep their business locked away from the eyes of law enforcement. Continue reading Phantom Secure CEO sold encrypted phones to drug cartels
An anonymous reader quotes a report from TechCrunch: Quantum computing represents tremendous promise to completely alter technology as we’ve known it, allowing operations that weren’t previously possible with traditional computing. The downside of thes… Continue reading BlackBerry Races Ahead of Security Curve With Quantum-Resistant Solution
Quantum computing represents tremendous promise to completely alter technology as we’ve known it, allowing operations that weren’t previously possible with traditional computing. The downside of these powerful machines is that they could be strong enough to break conventional cryptography schemes. Today, BlackBerry announced a new quantum-resistant code signing service to help battle that possibility. The […] Continue reading BlackBerry races ahead of security curve with quantum-resistant solution
Phantom Secure made custom, encrypted BlackBerry phones and sold them to customers all over the world, including to the Sinaloa cartel, according to prosecutors. Continue reading CEO Pleads Guilty to Selling Encrypted Phones to Organized Crime
BlackBerry continues to execute on their pivot to become a software, services, and device security firm. This doesn’t mean they don’t still have interesting smartphones, their licensed Key2 phone is arguably one of the most impressive secur… Continue reading BlackBerry Massively Steps Up Security Efforts to Address Threat Storm
Facebook is suing BlackBerry, claiming the company stole its voice-messaging technology and other patented processes. The social media company is seeking unspecified damages for infringement of six patents. Bloomberg reports: In addition to the voice-m… Continue reading Facebook Accuses BlackBerry of Stealing Its Voice-Messaging Tech
BlackBerry announced its BlackBerry Workspaces content collaboration platform, featuring a new ransomware recovery capability that allows organizations to recover from cyberattacks. Despite the precautions an organization can take, ransomware attacks w… Continue reading BlackBerry launches new ransomware recovery feature