Palo Alto Networks (NASDAQ: PANW), a global front-runner in cybersecurity, unveiled its fiscal results, showcasing a staggering 26% YoY growth with Q4 FY 2023 revenue touching the $2 billion mark. This is a leap from last fiscal year’s Q4 revenue of $1.6 billion. The company’s Q4 FY 2023 GAAP net income stood at an impressive […]
In a pivotal move against escalating cyber threats, global cybersecurity titan Bitdefender has unveiled Scam Alert, a cutting-edge security feature designed exclusively for iOS users. Tailored to shield users from a burgeoning onslaught of phishing scams channeled through SMS/MMS and calendar invites, Scam Alert emerges as a proactive sentinel. Seamlessly integrated within Bitdefender Mobile Security […]
The United Kingdom (UK) is reeling from a stunning admission by the UK Electoral Commission. Last year’s cyber-attack, orchestrated by unidentified “hostile actors,” left the data of countless British voters alarmingly vulnerable. The attackers got far-reaching access, diving deep into the commission’s internal emails and even voter data. Timeline of a Cyber Nightmare The sinister […]
New York-based private equity firm, Seaport Capital, has finalized its acquisition of CyberlinkASP from Staple Street Capital, a renowned middle-market private equity firm. This deal, funded through Seaport Capital Partners VI, a $240 million private equity fund, marks Seaport’s sixth investment in the fund. Cyberlink, based in Dallas, Texas, is a prominent managed service provider […]
Thales has announced an agreement with software investment firm Thoma Bravo to acquire US-based cybersecurity company Imperva. The deal is valued at an enterprise value of $3.6 billion and is anticipated to advance Thales’ cybersecurity business significantly. The acquisition will bolster Thales’ entry into the burgeoning application security market, enhancing data security and potentially driving […]
Global technology consulting and digital solutions firm, LTIMindtree has announced a strategic collaboration with CYFIRMA, a leading provider of external threat landscape management platforms. This partnership aims to augment the threat intelligence capabilities of LTIMindtree’s Extended Detection and Response (XDR) platform, assisting businesses worldwide in identifying, evaluating, and managing potential risks and threats. Sudhir Chaturvedi, […]
Open SAN Consulting (OSC Edge), a leading Information Technology (IT) and cybersecurity solutions firm for defense and intelligence agencies, has been awarded a prime contract under the US Army’s Network Enterprise Center’s (NEC) Information Management Communications Services IV (IMCS IV) program. The five-year Indefinite Delivery Indefinite Quantity (IDIQ) contract, with a maximum ordering of $990 […]
VMD Corp (VMD) has secured a $29 million contract with the United States (US) Department of Energy’s (DOE) National Nuclear Security Administration (NNSA), and the Associate Administrator for Information Management and Chief Information Officer (OCIO). The contract positions VMD as a strategic advisor for the Office of Mission Integration, providing cybersecurity expertise and guiding Governance […]
Wipro has unveiled Wipro ai360, a comprehensive, AI-first innovation ecosystem aimed at integrating artificial intelligence (AI) into every platform, tool, and solution utilized internally and provided to clients. Simultaneously, the company announced a commitment of $1 billion over the next three years towards the enhancement of AI capabilities. The new Wipro ai360, boosted by this […]
Honeywell has declared its intention to acquire SCADAfence, a recognized provider of operational technology (OT) and Internet of Things (IoT) cybersecurity solutions. The purchase will enable Honeywell to strengthen its OT cybersecurity portfolio by incorporating SCADAfence’s expertise in threat detection, asset discovery, and security governance, especially valuable to industrial and building management cybersecurity programs. Given […]