Wiz has apparently walked away from a deal with Google that would have valued the company at $23 billion. The deal would have nearly doubled the $12 billion valuation of the startup from its most recent round of funding. CEO of WIZ Assaf Rappaport told employees the company would pursueRead More →
CrowdStrike issue causes major outage affecting thousands of businesses around the world The irony It has been widely reported that an ‘update‘ by ‘cybersecurity‘ firm CrowdStrike led to a major IT outage on Friday 19th July 2024, impacting businesses around the world. Microsoft systems have been badly affected. CrowdStrike statementRead More →
Private equity firm Thoma Bravo has agreed to acquire Darktrace in a $5.32 billion (£4.25 billion) cash acquisition. This translates to roughly $7.75 (£6.20) per share, which is a 44% premium over the company’s average share price as calculated over the last three months. Darktrace, headquartered in Cambridge, focuses on cybersecurity, employingRead More →
The donut theory A serious problem or a technical glitch? I call it the donut theory – where everything is perceived as good until… but it isn’t – when you can’t even buy a donut! Recent issues highlight a growing problem Due to a payment acceptance issue, the bakery chainRead More →
A recent cyber-attack on CTS, a company that provides IT services to law firms and other organisations in the UK legal sector. It was reported the cyberattack occurred on Wednesday, 22nd November 2023, and caused a widespread outage that affected dozens of law firms and homebuyers. The cyberattack was reportedlyRead More →
Cybersecurity is a very important and relevant topic in today’s world. It refers to the practice of protecting systems, networks, and programs from digital attacks that can harm individuals and organizations. Cyberattacks will all have malicious intent, such as accessing, changing, or destroying sensitive information; extorting money from users viaRead More →
The U.S. cyber hacker challenge is a new initiative launched by the Biden administration in August 2023 to use artificial intelligence (AI) to protect critical U.S. infrastructure from cybersecurity risks. The challenge will offer $20 million in prize money and includes collaboration from leading AI companies Anthropic, Google, Microsoft and OpenAI,Read More →