Marketplace.
Huawei’s Revenue Hits Record $122 Billion in 2019 Despite U.S. Campaign (Wall Street Journal) Huawei Technologies said its revenue rose to a record $122 billion this year despite the Trump administration’s campaign to curtail its global business, but predicted more challenges in 2020.
Huawei feels 'bite of winter' after Trump ban (BBC News) The firm admits life will be "difficult" after the Trump administration banned the firm in the US.
Huawei: US Trade Ban Will Make 2020 'Difficult' (BankInfo Security) In a message to employees, Huawei’s rotating Chairman Eric Xu says the company is preparing for a "difficult" 2020 as security concerns over national
WSJ News Exclusive | State Support Helped Fuel Huawei’s Global Rise (Wall Street Journal) Tens of billions of dollars in financial assistance from the Chinese government helped propel Huawei to the top of global telecommunications, a scale of support that dwarfed what its tech rivals got from their governments.
Twitter And Facebook's Race To The Bottom (BuzzFeed News) The two companies had a bad run in the 2010s. It was their own fault.
Why the 2010s were the Facebook Decade (Ars Technica) Facebook grew 600% in 10 years, worming its way into basically everything. How?
Inside the NSA’s plan to lure cyber talent (Federal Times) The defensive and espionage missions undertaken by the National Security Agency require efforts from some of the top tech operators in the world, and these operators must come from somewhere. Enter the NSA's partner institutions — designated Centers of Academic Excellence.
Top 10 cyber insurance companies in the US (Insurance Business) Here are the top insurers both in the standalone and package cyber insurance markets
Mastercard Acquires RiskRecon to Enhance Cybersecurity Capabilities (BusinessWire) Mastercard today agreed to acquire RiskRecon, a leading provider of AI and data analytics solutions to help companies protect their cyber systems.
Vista Equity Takes Majority Interest in Sonatype; Blue Delta's Mark Frantz Quoted (ExecutiveBiz) Vista Equity Partners has completed its acquisition of a majority stake in Fulton, Md.-based software supply chain automation technology provider Sonatype for an undisclosed sum.
Arm looking to sell cyber-security unit (Electronics Weekly) Arm and Gemalto, a subsidiary of Thales, are looking for a buyer for their loss-making cyber-security jv Trustonic. Last year Trustonic lost €8.3 million o
VMware completes $2.7 billion Pivotal acquisition (TechCrunch) VMware is closing the year with a significant new component in its arsenal. Today it announced it has closed the $2.7 billion Pivotal acquisition it originally announced in August. The acquisition gives VMware another component in its march to transform from a pure virtual machine company into a cl…
C5 Capital exits Shape Security in $1bn deal (AltAssets) Venture firm C5 Capital has agreed to sell online fraud prevention company Shape Security to F5 Network in a $1bn deal.
F5 Stock Falls On Acquisition, As Deal Heightens Akamai Rivalry (Investor's Business Daily) F5 Networks (FFIV) made its second large acquisition in 2019, agreeing to purchase security software maker Shape Security for $1 billion in cash. F5 stock fell on the deal, expected to increase competition with Akamai Technologies (AKAM) and others.
Broadcom quietly acquired a small cyber analytics software company (Silicon Valley Business Journal) Broadcom has its U.S. headquarters in north San Jose on Ridder Park Drive. The company acquired Bay Dynamics earlier this month, according to regulatory documents. The acquisition comes as the latest step in Broadcom's buildout of its security business.
WSJ News Exclusive | TikTok Searches for Global Headquarters Outside of China (Wall Street Journal) Bytedance is considering setting up a global headquarters for its hit video-sharing app TikTok outside of China, part of continuing efforts to shake off its Chinese image, people familiar with the company said.
Goodbye, Symantec: Consumer business gets rebrand as NortonLifeLock after Broadcom deal (Phoenix Business Journal) Broadcom Inc.'s $10.7 billion acquisition of Symantec Corp.'s enterprise security business closed this week, and with the deal came the rights to the Symantec name.
NortonLifeLock Layoffs 2020: Cybersecurity Staff Cuts In California, Texas (ChannelE2E) NortonLifeLock, the rebranded Symantec consumer security business, will have layoffs in California & Texas, and shed some office space, reports say.
Cybersecurity Stocks To Watch: Rapid7 Nears Buy With 125% Growth (Investor's Business Daily) As fellow cybersecurity stocks to watch Fortinet (FTNT), CyberArk Software (CYBR) and recent IPO Ping Identity (PING) continue to lead, Rapid7 (RPD) is securing its own new buy zone.
10 Hot Cybersecurity Companies To Watch In 2020 (CRN) Many of the industry's fastest-growing vendors will have their hands full in 2020 integrating major acquisitions, completing their first year as a publicly-traded company, or rolling out new partner programs and technical capabilities.
Proofpoint CEO talks record revenues, cybersecurity landscape and his controversial pay package (Silicon Valley Business Journal) In a wide-ranging interview with the Silicon Valley Business Journal, Proofpoint's Gary Steele spoke about a controversial decision the company's board made to give him a $64.7 compensation package.
Dell puts RSA on the block (Blocks and Files) Dell Technologies has hired Morgan Stanley to sell its RSA security business, according to PE Hub. RSA supplies software to detect cyber-security risks such as fraud and malware. The business has more than 30,000 customers across the globe, generates $170m – $200m EBITDA and could fetch as much as $3bn, according to some estimates. Bloomberg …
AI Offers an Edge as Cybersecurity Sector Consolidates (Wall Street Journal) The cybersecurity-vendor sector is set to trim some of its fat in 2020, venture-capital executives say, and companies that weave sophisticated technologies such as AI into their products are the ones likely to succeed.
EXCLUSIVE: Free resource launched to teach infosec researchers a thing or two from the past (SC Magazine) In an exclusive interview with CTO at Octopi Managed Services, Ian Thornton-Trump, SC reports launch of The Octopi Hacking Archive, including1995 BBS files, provided free to aid understading of threat evolution.
CUJO AI to Showcase Lens, AI-powered Network Analytics Solution, and Participate in Privacy and Security Panel at CES 2020 (PR Newswire) CUJO AI, the global leader in the development and application of artificial intelligence to improve the security, control and privacy of...
Contractors keeping close eye on aftermath of U.S. strike on Iranian leader (Washington Business Journal) Friday's airstrike sent ripples back to the D.C. government contractor community as it watches the Defense Department's response and works to secure its own personnel in the Middle East.
RSA Conference 2020 USA: What you can expect at this year's event (Help Net Security) Learn what to expect at RSAC 2020 in this feature interview with Britta Glade, Director of Content and Curation for RSA Conference.
BigID Starts 2020 with $50 Million in New Funding from Tiger Global (Yahoo) New Round To Further Accelerate Global Sales, Channel and Product Expansion
Email Security Company Mimecast Acquires Cybersecurity Company Segasec (CTECH) Segasec develops a cybersecurity service that protects website operators from consumer phishing scams
Snapchat quietly acquired AI Factory, the company behind its new Cameos feature, for $166M (TechCrunch) After acquiring Ukraine startup Looksery in 2015 to supercharge animated selfie lenses in Snapchat — arguably changing the filters game for all social video and photo apps — Snap has made another acquisition with roots in the country, co-founded by one of Looksery’s founders, to give a big bo…
Cyber Company Armis Is Negotiating Its Acquisition According to a Valuation of Approximately $1 Billion (CTECH - www.calcalistech.com) The potential buyer is a leading U.S. investment firm, according to two people familiar with the matter
7 Industrial IoT Startups You Should Watch in 2020 (Thomas) It’s predicted that the IoT device market will reach $1.1 trillion by 2026, with more than 80% of industrial manufacturing companies either using or intending to use IoT devices.
Iran Tensions Heighten: What's Next For Markets And Stocks (Seeking Alpha) Iran will refrain from direct kinetic warfare, and, instead, use its robust cyber warfare capability to sow chaos in the US economy to deny Donald Trump a second term.
CrowdStrike Stock Breaks Out Amid Iran Tensions (Investopedia) CrowdStrike shares moved sharply higher during Monday's session as fears of a cyber retaliation from Iran sent cybersecurity stocks higher.
Cyber Spies Are Quietly Boosting Hawaii's High Tech Economy (Honolulu Civil Beat) Can the state build on a massive base of National Security Agency and other government cyber jobs?
BigID Starts 2020 with $50 Million in New Funding from Tiger Global (BusinessWire) BigID, the leader in privacy-oriented data discovery, intelligence and automation today announced that it has raised $50 million in new funding from T
Cloudflare acquires stealthy startup S2 Systems, announces Cloudflare for Teams (TechCrunch) Cloudflare announced that it has acquired S2 Systems, a browser isolation startup started by former Microsoft execs. The two companies did not reveal the acquisition price.
Xerox makes another try for HP, this time with funding locked in (Silicon Valley Business Journal) "We have always maintained that our proposal is not subject to a financing contingency, but in order to remove any doubt, we have obtained binding financing commitments," Xerox CEO John Visentin wrote in a letter to HP Inc.'s board.
Xerox nails down $24bn funding to back proposed HP acquisition (Computing) Xerox CEO John Visentin brandishes the financing necessary to back Xerox's proposed takeover of HP Inc,
Will Dell Technologies Fetch $3B for RSA? (SDX Central) Dell Technologies wants to sell RSA Security business for at least $3 billion and has hired Morgan Stanley to help with the sale, according to PE Hub. A company spokesperson declined to comment on the report.
Accenture to Acquire Symantec’s Cyber Security Services Business from Broadcom (BusinessWire) Accenture agreed to acquire Symantec’s Cyber Security Services business from Broadcom, Inc.
Analyzing Broadcom’s Acquisitions in the Software Sector (Market Realist) Broadcom has been making many acquisitions in the software industry. The semiconductor giant seems to be drifting away from its core chip business.
As Problems Mount, Boeing Should Spin Off Defense Operations (247wallst.com) Boeing has the chance to salvage investor results if it spins off its defense, space and security units into a new publicly held corporation.
AHEAD Acquires Platform Consulting Group, Bolstering its Capabilities in the Delivery of Cloud Native Applications | AHEAD (AHEAD) AHEAD announced it has acquired Platform Consulting Group, bringing cloud native app development expertise to its professional services organization.
SAIC to Offer 10 Cyber Scholarships to Veterans (WashingtonExec) Science Applications International Corp. is now accepting applications for its CyberWarrior Scholarship, a program that helps returning veterans reenter
These 3 Cybersecurity Stocks Will Explode as Iran Threatens Cyber Warfare (CCN.com) Cybersecurity stocks such as CrowdStrike are expected to benefit from the cyberattack threat posed by Iran.
CES 2020 goes big on cyber (POLITICO) Congress set to take up 5G legislation — High-profile Huawei lobbyist exits
CFC on the changing UK cyber insurance market (Insurance Business) "Cyber isn't a one size fits all solution"
Don’t Tilt Scales Against Trump, Facebook Executive Warns (New York Times) In an internal memo, Andrew Bosworth said he “desperately” wanted the president to lose. But, he said, the company should avoid hurting Mr. Trump’s campaign.
Huawei Punctuates Stormy Year of Cyber Distrust in UK (Infosecurity Magazine) Huawei's new innovation center puts a shiny gloss over a year of controversy in the UK
Accenture Acquires Symantec MSSP Business, SOCs From Broadcom (MSSP Alert) Accenture acquires Symantec's MSSP Cyber Security Services Business from Broadcom; gains 6 security operations centers (SOCs) & global threat monitoring services.
Broadcom Flogs Symantec Unit to Accenture (Light Reading) The semiconductor maker offloads some of the security assets it acquired last year to Accenture, which gains valuable new capabilities.
Mimecast acquires Segasec | SC Media (SC Media) Mimecast has closed on a deal to acquire the digital threat protection firm Segasec.
Insight Partners acquires enterprise security firm Armis in $1.1 billion deal (ZDNet) Insight Partners says the deal addresses a global enterprise endpoint security need.
Cloudflare Has a Plan to Change Everything About Cloud Security (Medium) It wants to replace corporate VPNs and firewalls with its own networks. That could make it even more of an internet gatekeeper.
KnowBe4 wraps up 2019 in a big way (St Pete Catalyst) KnowBe4 doesn’t want to keep its 27 consecutive quarters of sales growth under wraps. On Monday, the cybersecurity training company displayed its sales gains on a massive banner that wrapped around the outside of its downtown Clearwater headquarters. CEO Stu Sjouwerman was depicted perched on top of a chart, with bars that each represented double-digit [...]
Products, services, and solutions.
ProtonMail takes aim at Google with an encrypted calendar (VentureBeat) ProtonMail has launched ProtonCalendar, part of a broader plan to introduce privacy-focused alternatives to Google's products.
European Cloud Security Project Provides Tools for the Development of Cybersecurity in the EU (Cision) European cybersecurity company Nixu has been proud to be part of the European Security Certification Framework (EU-SEC) project for the last three years. The project will come to an end on 31 December 2019.
SilverSun Technologies Secures $1 Million Contract for Cybersecurity-as-a-Service Business (Globe) Dual-shore Security Operations Center Enters Agreement with Enterprise Financial Service Firm
HP’s New Elite Dragonfly laptop is all about security when working on the go (TechRadar) Digital nomads rejoice
ZeroNorth Strengthens Software Security for Leading Auction Platform, Bidpath (BusinessWire) ZeroNorth announced that Bidpath selected the ZeroNorth platform to strengthen its software security program.
Hushmesh to Reveal Password-Free Solution to Identity Fraud, Data Breaches at CES 2020 (BusinessWire) Hushmesh Inc., a Public Benefit Corporation committed to enabling digital trust and privacy for everyone, has a new approach to identity fraud and dat
QIIB selects IBM artificial intelligence for fraud prevention (Finextra Research) QIIB has implemented ‘IBM Safer Payments’ to deliver cross-channel fraud prevention, enabling the leading Qatari Islamic bank customers to bank more securely.
Industrial Operators on Alert in Wake of U.S. Cyberattack Warning (Security Boulevard) On January 4th, the U.S. Department of Homeland Security (DHS) issued a National Terrorism Advisory bulletin warning of a potential cyberattack by Iran in the wake of a U.S. drone attack that killed a senior Iranian military commander. Read Nozomi Networks experts take on the new reality of cyberattacks on U.S. interests. The post Industrial Operators on Alert in Wake of U.S. Cyberattack Warning appeared first on Nozomi Networks.
IBM’s Quantum-Computing Service Tops 100 Customers (Wall Street Journal) The company said more than 100 organizations are using its quantum-computing services, including businesses, universities and government research facilities. That’s up from 40 a year ago.
SonicWall, Los Angeles County Metropolitan Transportation Authority secure business-critical communications with real-time SAAS security initiative (SonicWall) SonicWall and the Los Angeles County Metropolitan Transportation Authority (Metro) announced their coordinated efforts to secure the company’s digital communications and Microsoft Office suite with the SonicWall Cloud App Security (CAS) solution that offers advanced threat and data protection for software-as-a-service (SaaS) email and other popular SaaS apps.
SkyOne to Represent Asigra Throughout the Gulf Cooperation Council of Countries
(Asigra) Asigra Inc., a leading cloud backup, recovery and restore software provider since 1986, today announced the company’s Middle East and Gulf Cooperation Council (GCC) representative — SkyOne.
WidePoint Partners with KoolSpan to Offer End-to-End Encryption for Phone Calls and Text Messages (West) WidePoint Corporation (NYSE American: WYY), the leading provider of Trusted Mobility Management (TM2) specializing in Telecommunications Lifecycle Management, Identity Management and Digital Billing & Analytics solutions and KoolSpan, the provider of TrustCall, have entered into a partnership through which WidePoint delivers KoolSpan’s cross-platform, end-to-end communication solution to WidePoint customers so that they can make phone calls and send text messages securely.
HORNE Cyber’s Simulation of Dangerous Ryuk Ransomware Can Now Be Tested by Municipalities and Businesses of Any Size, Safely & Affordably (BusinessWire) HORNE Cyber’s Threat Runner ransomware simulation tool incorporates Ryuk testing.
Webcast: Let’s Talk About ELK Baby, Let’s Talk About You and AD - Black Hills Information Security (Black Hills Information Security) BHIS’ Defensery Driven Duo Delivers Another Delectable Transmission! We know you are worried about your networks. After hours of discussion, we’ve come to the realization that some of our dedicated followers seem to be much more interested in catching malware than learning how to be (please forgive this next statement) “l33t hax0rs.”
Thales to Deliver Digital Licence Solution to Queensland, Australia (Valdosta Daily Times) Thales has signed a contract to partner with Queensland’s Department of Transport and Main Roads (TMR) in Australia and local Queensland SMEs, Code Heroes and Aliva, to design, develop and deliver the State’s first Digital Licence App.
New CrowdStrike Store Apps Extend the Power of the Falcon Platform (AiThority) CrowdStrike Inc. , a leader in cloud-delivered endpoint protection, announced new third-party applications for the CrowdStrike Store
Cloudflare Adds New Endpoint, Web Security Service (Dark Reading) Teams and a new browser security acquisition expand the cloud firm's security offerings.
Crypsis Launches Illuminator, a Data Analytics-Powered Data Breach Notification Service (PR Newswire) The Crypsis Group, a leading incident response, risk management and digital forensics firm, today announced the availability of their...
People.
A top Google exec pushed the company to commit to human rights. Then Google pushed him out, he says. (Washington Post) Google’s shifting moral calculus around China illustrates the tech giant’s transformation from an organization that portrayed itself as an exception to corporate norms into one driven by business imperatives and market opportunities.
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Tech Moves: ExtraHop adds execs; Simply Measured co-founder returns to startups; and more (GeekWire) — Network security startup ExtraHop added two new executives ahead of a potential IPO in 2020. Sri Sundaralingam joined as vice president of product and solutions marketing. He previously held product…
Army chief censor in talks to join controversial Israeli cyber attack firm NSO group (Haaretz) The Israeli military’s chief censor, Brig. Gen. Ariella Ben-Avraham, is in the midst of negotiations to join cybertechnology firm NSO Group Technologies, which has recently been under scrutiny for its alleged role in persecuting human rights activists.
Tenable appoints Vice President of OT Security (Zawya) Longest-serving Director of ICS-CERT joins Tenable following its acquisition of industrial security leader Indegy
Vislink Technologies Appoints Ralph Faison to Board of Directors (IoT Evolution) Vislink Technologies has announced that Ralph Faison has been appointed to its board as a non-executive independent director.
Retired Lt. Gen. Michael Nagata Joins CACI as Corporate Strategic Adviser (WashingtonExec) CACI International has named retired U.S. Army Lt. Gen. Michael Nagata a corporate strategic adviser and senior vice president, tasked with enhancing the
Imperva Names Pam Murphy as CEO (Imperva) Imperva, Inc., the cybersecurity leader championing the fight to secure data and applications wherever they reside, today announced its board of directors has appointed Pam Murphy – a seasoned executive in enterprise software – as CEO, effective immediately. Interim CEO Charles Goodman will continue to serve as …
Thrilled to Join Imperva (Imperva Blog) Today marks my first day at Imperva and I could not be more thrilled to join the outstanding team behind the impressive products that keep our customers safe every day. I’ve been asked to share why I joined Imperva, and candidly there are a number of reasons: First, timing: I think that security – especially …
Kaspersky Names Rob Cataldo to Managing Director, North America (MSSP Alert) Cybersecurity software & endpoint protection specialist Kaspersky promotes Rob Cataldo to lead its North American sales & more -- including channel partner & MSP operations.
BitSight Appoints Stephen Harvey as Chief Executive Officer (PR Newswire) BitSight, the Standard in Security Ratings, today announced it has appointed Stephen Harvey as CEO. Harvey joins BitSight from Institutional...
Aryaka Announces Appointment of New Chief Financial Officer (ResponseSource Press Release Wire) Seasoned Finance Executive Brad Kinnish Joins Aryaka Team
WatchGuard Appoints Andy Reinland as New Chief Financial Officer (West) Former F5 Networks executive joins fast-growing cyber security company
AttackIQ Appoints Pedro Vidal VP of North America to Drive Company Growth and Sales (Yahoo) AttackIQⓇ, the leading independent vendor of breach and attack simulation solutions, today announced Pedro Vidal has joined the company’s executive team as vice president of North America sales.
VMware’s Dan McLean takes over A/NZ leadership of Radware (ARN) VMware senior manager Dan McLean has left the vendor after 15 years to take over local leadership of cyber security firm Radware.