Vista Equity takes minority stake in Canada’s Vena with $242M investment

Vena, a Canadian company focused on the Corporate Performance Management (CPM) software space, has raised $242 million in Series C funding from Vista Equity Partners. As part of the financing, Vista Equity is taking a minority stake in the company. The round follows $25 million in financing from CIBC Innovation Banking last September, and brings […] Continue reading Vista Equity takes minority stake in Canada’s Vena with $242M investment

The Week in Breach News: 04/14/21 – 04/20/21

Huge Codecov breach creates risk shockwave, selling security to budget-minded clients & your customer retention blueprint.
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The Week in Breach News: 03/24/21 – 03/30/21

Big trouble for Hobby Lobby, Aussie Channel 9 gets knocked off the air by hackers and lessons learned from the FBI IC3 Report.
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With data volumes and velocity multiplying, how do you choose the right data security solution?

There is no doubt that the COVID-19 pandemic has caused radical changes in our personal and working lives. The sudden and massive surge of employees working from home and the anticipated long-term popularity of the option is also forcing CIOs and CISOs… Continue reading With data volumes and velocity multiplying, how do you choose the right data security solution?

The Week in Breach News: 02/24/21 – 03/02/21

Bombardier and Steris get caught up in a third-party data breach, Cryptopia gets hacked again and see what huge percentage of data breaches are caused by email!
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The Week in Breach News: 02/17/21 – 02/23/21

Ransomware hit Kia and UL, Simon Fraser U is back, 2 phishing traps that employees fall for and the value of improving cyber resilience.
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NetWalker ransomware investigation yields arrest, big cryptocurrency seizure

In a coordinated, multi-part offensive against NetWalker ransomware attackers, law enforcement agencies announced Wednesday that they charged a Canadian national, seized nearly half a million dollars in cryptocurrency and disabled a dark web leak site. The NetWalker attackers have been part of a growing ransomware trend where the hackers hold stolen data hostage, leak a sample of it and threaten to release the rest in order to incentivize victims into paying. They’ve been gone after everyone from government agencies to hospitals to schools, and haven’t shied from exploiting the COVID-19 crisis. They’ve also sought to expand profits by offering their ransomware as a service to other cybercriminals, leading to reports of booming revenue in 2020. The number of overall ransomware attacks increased by 311% in 2020, according to recent research by Chainalysis, a cryptocurrency tracking firm. The charges against Sebastien Vachon-Desjardins, as well as the seizure of approximately $454,530.19 in […]

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