CrowdStrike sued by investors over massive global IT outage

August 2, 2024 at 10:34AM Investors have filed a lawsuit against cybersecurity firm CrowdStrike, alleging false claims about its Falcon platform. A faulty security update resulted in a significant global IT outage, leading to a 38% drop in stock price. Based on the meeting notes, the key takeaway is that cybersecurity company CrowdStrike is facing … Read more

Steps to Follow to Comply With the SEC Cybersecurity Disclosure Rule

November 7, 2023 at 01:52AM The Securities and Exchange Commission (SEC) has implemented a new rule requiring companies to disclose cybersecurity incidents and provide annual information on their cybersecurity risk management, strategy, and governance. The rule mandates the filing of Form 8-K within four business days of determining an incident as material, with enforcement starting … Read more

Graylog Secures $39 Million Investment to Accelerate Growth and Security Product Line Expansion

November 1, 2023 at 03:47PM Graylog, a SIEM and log management company, has secured $39 million in funding from Silver Lake Waterman, Piper Sandler Merchant Banking, and Harbert Growth Partners. The company has experienced 67% new bookings growth year-to-date and expects to continue its momentum with focus on innovation, user experience, and strong execution. Graylog’s … Read more