Vista Equity Partners' specialization in enterprise software and bench of subject-matter experts should help KnowBe4 reach $1 billion in ARR, says CEO Stu Sjouwerman. The processes and tech stack that got KnowBe4 to $300 million in ARR today aren't necessarily what'll get the firm to $1 billion.
Hack The Box has completed a Series B funding round to add more cloud security and a gamification approach to its cybersecurity training platform. The Kent, England-based startup was founded in 2017 to provide pen testers and red teamers with a way to test their offensive security skills.
Banks using behavioral-based controls are detecting malicious accounts in 92% of cases before traditional AML and transaction monitoring systems alert the bank.
The stark consequences of ransomware became painfully clear in Australia this week as attackers began releasing data from health insurer Medibank, one of the country's largest health insurers. Also, leaked chat logs reveal how the attackers accessed Medibank's systems.
Who is attempting to extort Australian health insurer Medibank? Why did Medibank tell its attackers it wouldn't pay a ransom? Will this deter future cyber extortionists? Here are a few thoughts on the high cybercrime drama playing out.
Many ransomware-wielding attackers - including big-name groups - have been collectively shooting themselves in the foot by resorting to "amateur" tactics, including decryptors that fail to decrypt as well as gangs re-extorting the same victims. Cue fewer victims opting to pay a ransom.
More Russian-speaking, ransomware-wielding attackers are gunning for Russian businesses and government agencies, researchers report. The unwritten rule of Russian cybercrime has historically been to never attack inside Russia or neighboring allies.
Vista Equity Partners and KnowBe4 have struck a deal to take the security awareness giant private for $4.6 billion in this week's second massive security acquisition. The agreement comes after the Austin, Texas-based investment firm upped its offer by $380 million, or nearly 4%, to $24.90 per share.
Should the now-former CSO of Uber have reported a security incident to authorities after discovering signs of unusual behavior? That's one of the big questions now being asked in the closely watched trial of Joe Sullivan, who's been charged with covering up a data breach and paying off hackers.
Vista Equity Partners has joined Thoma Bravo in the take-private cybersecurity spree, offering to buy security awareness training behemoth KnowBe4 at a $4.22 billion valuation. KnowBe4 says it has received a nonbinding offer from Vista of $24 per share for the shares not currently owned by Vista.
Who's been disrupting ransomware operations' data leak sites by targeting them with distributed denial-of-service attacks? No one has yet claimed credit for the ongoing disruptions and slowdowns, but one likely theory is that rival operations are attempting to cause each other pain.
They’re necessary contributors to the business ecosystem, but there’s risk associated with third-party remote access, including bad actors lurking around every access point.
With the increase in remote workers and proliferation of uncontrolled devices, your IT team has been migrating applications to the cloud along with building cloud-native applications to support the speed needed by the business.
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