Selling a startup can come with an emotional cost

Every founder dreams of building a substantial company. For those who make it through the myriad challenges, it typically results in an exit. If it’s through an acquisition, that can mean cashing in your equity, paying back investors and rewarding long-time employees, but it also usually results in a loss of power and a substantially […] Continue reading Selling a startup can come with an emotional cost

Imperva planned to keep its CEO through a merger. Two months after a breach, he’s out.

Two months after Imperva disclosed a data breach, the CEO of the enterprise security company reportedly has resigned. Chris Hylen left his position on Oct. 21,. Hylen began in that role in August 2017, according to his LinkedIn page, and led the company to a reported $2.1 billion acquisition by Thoma Bravo, an American private equity firm. Imperva’s chairman, Charles Goodman, will assume the interim CEO position while the board seeks a permanent replacement, a company spokesperson said in a statement. “Effective Tuesday, October 22, 2019, Chris Hylen stepped down from his role as Chief Executive Officer,” athe spokesperson said. “This decision was made mutually by Mr. Hylen and the Thoma Bravo board.” The Israeli news outlet CTECH first reported the news. Imperva in August said that data belonging to customers of its cloud-based web application firewall product was exposed, resulting in the compromise of scrambled passwords, email addresses and SSL […]

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Imperva to acquire Distil Networks to add bot mitigation to its offerings

Security vendor Imperva will acquire bot mitigation company Distil Networks to bolster its services amid a frenzied period of merger and acquisition activity in the cybersecurity market. Imperva announced Tuesday its executives have signed a deal that will result in Distil being folded into a comprehensive security platform, Imperva CEO Chris Hylen said in a statement. The company told CyberScoop the transaction has not yet closed, and at this time things remain business as usual for both companies. Terms of the deal were not disclosed. Distil will continue to function and serve its customers while integration plans are implemented. “Distil Networks gives us a comprehensive bot management solution that identifies, responds to and manages a full range of automated attacks no matter whether there’s applications or APIs are deployed,” Hylen said. Imperva, founded in 2002, promises clients real-time activity monitoring, threat mitigation and risk management services. The company was acquired […]

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As bad bots grow more sophisticated, so does the number of industries impacted by them

Bot attack sophistication continues to evolve, as advanced attackers learn to adapt their techniques in order to invalidate existing defense tactics, according to Distil Networks. The report investigates hundreds of billions of bad bot requests from 20… Continue reading As bad bots grow more sophisticated, so does the number of industries impacted by them

773 million records exposed in massive data breach

Someone has compiled a massive collection of email addresses and plain text passwords, apparently from 2000+ hacked databases, and has made the trove freely available for download via the MEGA cloud storage service. The set – dubbed Collection #1… Continue reading 773 million records exposed in massive data breach

Mobile is the new frontier for malicious bots

Distil Networks analyzed over 100 million mobile devices on its networks. The findings suggest that sophisticated cybercriminals and bot operators now implement a new technique—leveraging mobile devices – to avoid detection and execute a number o… Continue reading Mobile is the new frontier for malicious bots