July 12, 2024 at 07:58PM CDK Global faced a ransomware attack leading to a reported $25 million Bitcoin ransom payment. Services were restored to US car dealerships after a two-week outage. The ransom payment was made to the BlackSuit ransomware operators. The financial impact exceeded the ransom and unresolved issues persist. CDK has not provided … Read more
January 8, 2024 at 12:09AM North Korean threat actors plundered over $600 million in cryptocurrency in 2023, amounting to almost a third of all funds stolen in crypto attacks. These financially-motivated attacks support the nation’s weapons programs, with stolen assets typically converted to hard currency. The U.S. Treasury Department’s sanctions have not halted their evolving … Read more
November 7, 2023 at 05:24AM October 2023 saw a total of 31 cybersecurity-related merger and acquisition (M&A) deals. Some notable acquisitions include Arctic Wolf’s acquisition of Revelstoke to enhance its security orchestration, automation, and response (SOAR) capabilities, and Okta’s acquisition of Uno to accelerate the release of its consumer password manager. Other acquisitions were made … Read more
October 18, 2023 at 07:00AM In the first half of October 2023, there were over a dozen cybersecurity-related merger and acquisition (M&A) deals announced. Some notable acquisitions include Arctic Wolf’s acquisition of Revelstoke to enhance their security orchestration capabilities, KPMG’s acquisition of IMagosoft to expand their identity and access management services, and Okta’s acquisition of … Read more