The United States Cybersecurity and Infrastructure Security Agency (CISA) and the Federal Bureau of Investigation (FBI) this week reminded organizations of all types – with a focus on critical infrastructure – that cybercriminals tend to launch impactful cyberattacks during holidays and weekends.
Industrial Cybersecurity Firm Applied Risk Acquired by DNV
Norway-based assurance and risk management solutions provider DNV is acquiring industrial cybersecurity company Applied Risk in an effort to create an “industrial cybersecurity powerhouse.”
The companies will merge under the DNV brand. Financial terms of the deal have not been disclosed.
Low Code/No Code App Security Firm Zenity Emerges From Stealth
Low-code/no-code application security provider Zenity today announced that it has emerged from stealth mode with $5 million in seed funding.
The investment round was led by Vertex Ventures and UpWest, but Zenity says it is also backed by former Google CISO Gerhard Eschelbeck and former SuccessFactors CIO Tom Fisher.
Schwarz Group Acquires XM Cyber for $700 Million
Germany-based retail giant Schwarz Group this week announced the acquisition of security posture management company XM Cyber for $700 million.
Schwarz Group, known for brands such as Lidl and Kaufland, is the world’s fourth-largest retailer. Last year, it announced launching a cloud computing service for third-party retailers.
Cyber Insurance Firm Resilience Raises $80 Million
Cyber insurance and security solutions provider Resilience on Monday announced raising $80 million in a Series C funding round.
The funding round was co-led by General Catalyst and Corey Thomas of Rapid7, with participation from Lightspeed Venture Partners, Founders Fund, Charles River Ventures, Shield Capital, and Intact Ventures.
Cybersecurity M&A Roundup for Third Week of November 2021
Seven cybersecurity-related acquisitions were announced in the third week of November 2021.
CISO Conversations: Honda Aircraft, Bombardier CISOs Discuss Getting Started in Security
WhatsApp Pushes Privacy Update to Comply With Irish Ruling
WhatsApp is adding more details to its privacy policy and flagging that information for European users, after Irish regulators slapped the chat service with a record fine for breaching strict EU data privacy rules.
U.S Banks Required to Report Cyberattacks to Regulators Within 36 Hours
In less than half a year, banks in the United States will be required to notify federal regulators of serious cybersecurity incidents within 36 hours.
SnapAttack Spins Out of Booz Allen Hamilton With $8 Million in Funding
Threat hunting and detection company SnapAttack this week announced closing an $8 million funding round, just as it spun out of Booz Allen Hamilton.