New ‘ALBeast’ Vulnerability Exposes Weakness in AWS Application Load Balancer

August 22, 2024 at 11:18AM Israeli cybersecurity company Miggo has discovered a vulnerability named “ALBeast” impacting up to 15,000 Amazon Web Services’ (AWS) Application Load Balancer (ALB) users. The issue allows attackers to bypass authentication controls, potentially compromising exposed cloud applications. Amazon has updated its authentication documentation and recommends implementing additional security measures to mitigate … Read more

EQT buys majority share in Swiss cybersecurity biz Acronis

August 7, 2024 at 06:15AM Swiss disaster recovery and cybersecurity firm, Acronis, has been majority acquired by Europe’s largest private equity firm, EQT. Acronis’s CEO, Ezequiel Steiner, expressed enthusiasm about this partnership and acknowledged existing investors. The deal is estimated at $3.5 billion, with the transaction expected to close in Q1 or Q2 2025. Co-founders … Read more