Firewall maker Check Point Software in an earnings call touted a strong fourth quarter - and a future that won't involve co-founder Gil Shwed as company CEO. Shwed has headed the publicly traded, $19 billion Israeli pure-play cybersecurity company for three decades.
The number of victims who opt to pay a ransom appears to have declined to a record low. During the last three months of 2023, an average of 29% of organizations hit by ransomware paid a ransom - a notable shift from what ransomware watchers saw in recent years.
Ukraine's security intelligence chief said Russian hackers had been responsible for severing internet access and mobile communications from telecom operator Kyivstar in December, after compromising the firm's network months ago. He said the "disastrous" cyberattack had wiped "almost everything."
AI has become a major talking point for cybersecurity vendors since the release of ChatGPT a year ago. But AI and ML are nothing new, and the power behind using them to detect cyberthreats comes from the richness of datasets, said Debasish Mukherjee, VP of sales for the APJ region at SonicWall.
Fortinet plans to shift its R&D and go-to-market investments to the faster-growing SASE and security operations segments as growth slows in the network security market. The company expects "more modest growth" in the near term given that 70% of Fortinet's billings today come from network hardware.
The Clop ransomware operation's recent mass zero-day exploit of Progress Software's MOVEit secure managed file transfer software followed the criminals launching similar attacks against users of Accellion FTA, SolarWinds Serv-U and Fortra GoAnywhere.
A Chinese hacking group linked to state authorities has upgraded its capabilities to target companies with headquarters in the United States and East Asia, warns an alert from Japanese and American cyber agencies. The group, BlackTech, has a customized firmware backdoor tailored for Cisco routers.
A data security startup led by a Microsoft and Google veteran and backed by Samsung and CrowdStrike could soon be acquired by Palo Alto Networks. The company is in advanced talks to buy data security posture management startup Dig Security for between $300 million and $400 million.
It turns out SIEM isn't on life support after all. Cisco is providing 28 billion reasons to believe enterprises aren't scrapping the security operations center staple anytime soon, even though rivals with other types of security technology have attempted to write SIEM's obituary for years.
Last year's winner of RSA Conference's prestigious Innovation Sandbox contest could soon be acquired by Palo Alto Networks, according to Calcalist. The platform security behemoth is in advanced negotiations to purchase enterprise browser startup Talon Cyber Security for $600 million, Calcalist said.
Perimeter 81's ease of deployment and embrace of a cloud-based architecture made it stand apart from other secure remote access offerings, according to Check Point Software CEO Gil Shwed. The deal will help Check Point build a scalable network foundation that extends to thousands of users.
Multiple nation-state hacking groups have been exploiting known flaws in Zoho ManageEngine software and Fortinet firewalls to steal data, cybersecurity officials warn. A new alert details exploits of each vulnerability by separate groups that targeted the same aeronautical firm.
Chinese espionage hackers behind an eight-month campaign to hack Barracuda email security appliances intensified their focus on high-priority targets around the time the company moved to fix the zero-day flaw behind the campaign. A custom backdoor suggests China was prepared for remediation efforts.
A delay in finalizing enterprise deals and a shorter average contract duration have forced Fortinet to lower its sales forecast going forward. The Silicon Valley-based platform security vendor said average contract length shortened from 29.5 months to 28 months in the fiscal quarter ended June 30.
Real-time protection against API attacks is nonnegotiable for the protection of any web application or digital service that relies on application programming interfaces. Here are some of the most common types of API attacks and strategies for protecting against them in real time.
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