Category: Viral
‘A deal logjam has developed as fear of lower exit valuations has forced some private equity firms to postpone selling portfolio companies,’ says John Holland, managing director of Corporate Finance Associates. ‘Despite the challenges facing the private equity industry, there have been many acquisitions of large IT services businesses by private equity firms so far…
Read More
In the wake of the CrowdStrike outage, SentinelOne CEO Tomer Weingarten tells CRN that the frequency of updates from the vendor ‘calls into question pretty much the entire premise of next-generation protection.’ The unprecedented IT outage caused by a faulty CrowdStrike update a week ago has raised questions about the frequency of the vendor’s updates…
Read More
ServiceNow, which has been building out its GenAI-powered search capabilities for years, has acquired Raytion which the company said will give it the ability to search across all of a company’s enterprise knowledge systems including ServiceNow, Salesforce, and Atlassian. ServiceNow Wednesday unveiled the acquisition of Raytion as a way to expand its Now platform’s GenAI-powered…
Read More
The U.S. Department of Justice (DoJ) on Thursday unsealed an indictment against a North Korean military intelligence operative for allegedly carrying out ransomware attacks against healthcare facilities in the country and funneling the payments to orchestrate additional intrusions into defense, technology, and government entities across the world. “Rim Jong Hyok and his co-conspirators deployed ransomware…
Read More
Jul 26, 2024Newsroom Cybersecurity researchers are sounding the alarm over an ongoing campaign that’s leveraging internet-exposed Selenium Grid services for illicit cryptocurrency mining. Cloud security Wiz is tracking the activity under the name SeleniumGreed. The campaign, which is targeting older versions of Selenium (3.141.59 and prior), is believed to be underway since at least April…
Read More
‘This progress is thanks to the tireless efforts of our customers, partners, and the dedication of our team at CrowdStrike,’ CEO George Kurtz says in a LinkedIn post Thursday. CrowdStrike CEO George Kurtz disclosed that more than 97 percent of Windows sensors have recovered as of Thursday, following the unprecedented IT outage caused by the…
Read MoreThe U.S. Federal Bureau of Investigation (FBI) and the following authoring partners are releasing this Cybersecurity Advisory to highlight cyber espionage activity associated with the Democratic People’s Republic of Korea (DPRK)’s Reconnaissance General Bureau (RGB) 3rd Bureau based in Pyongyang and Sinuiju: The RGB 3rd Bureau includes a DPRK (aka North Korean) state-sponsored cyber group…
Read More
While it may take time, CrowdStrike is likely to restore the confidence of customers, solution providers tell CRN. It won’t happen overnight, but CrowdStrike is ultimately poised to recover from the reputational damage wrought since the massive July 19 outage, solution provider executives told CRN. CrowdStrike’s acclaimed cybersecurity technology and strong response to the incident…
Read More
New data from cloud insurance firm Parametrix sheds light on the financial cost of the massive CrowdStrike outage last week that affected millions of Microsoft devices. The massive CrowdStrike outage that affected millions of Microsoft devices is predicted to cost U.S. Fortune 500 companies $5.4 billion in total direct financial loss, with an average loss…
Read More
‘This year we have got a big one coming [with HashiCorp]. … Part of the discipline is also making sure that we kind of digest them at the right rate and pace and put them into our global market distribution engine,’ says IBM CEO Arvind Krishna on the company’s second-quarter earnings call. IBM exceeded expectations…
Read More