DataBreachToday.com

Repeat IPOs Have Been Very Rare in Security - Don't Expect SailPoint to Change That
Thoma Bravo has begun interviewing underwriters as it explores an initial public offering for SailPoint, Bloomberg reported last week. The private equity firm hasn't finalized details, including the timing of a potential listing for the identity governance and administration vendor.

Preparing healthcare organizations to respond to and rebound from a disruptive ransomware attack is akin to implementing a "12-step program," said Dr. Eric Liederman, CEO of consultancy CyberSolutionsMD and recently retired long-serving director of medical informatics at Kaiser Permanente.

5 Cybersecurity Firms Provide Large Pool of Government-Funded Espionage Resources
China's cyberespionage campaigns, viewed as an extension of the communist regime's wider geopolitical moves, rely on civilian hackers from domestic security firms for much of their success. Researchers say these groups face off in intense rivalries for lucrative government contracts.

New Security Measures Follow High-Profile Hacks of Snowflake Customers
Data warehousing platform Snowflake rolled out default MFA - as well as a 14-character password minimum - to shore up security in the wake of a series of cyberattacks in June that hit high-profile customers including Santander Bank, Advance Auto Parts, LA Unified School District and Neiman Marcus.

At-Large Wu Song, 39, Faces 28-Count Criminal Indictment
U.S. federal prosecutors indicted a Chinese national employed by a state-owned aerospace and defense conglomerate with a yearslong phishing campaign aimed at extracting software developed for NASA. Prosecutors said Song began sending out targeted emails in 2017.

Attackers Could Exploit Flaw to Run Malicious Code on Google' s, Customers' Servers
Google patched a critical remote execution vulnerability in its cloud platform Cloud Composer service, "CloudImposer," which could have allowed attackers to compromise millions of servers, say researchers from Tenable. The CloudImposer vulnerability could lead to the Jenga Tower effect.

Authentication requiring stored credentials is not only vulnerable to phishing and other compromises, but using these credentials can also be cumbersome for busy clinicians, said Tina Srivastava, co-founder of Badge, a provider of deviceless, tokenless authentication technology.

Inquiry Launched to Determine the Company's Compliance With GDPR
The Irish data regulator launched an investigation to determine Google's compliance with a European privacy law when it was developing its PaLM 2 artificial intelligence model. Google launched the multilingual generative AI model last year.

Over-Deployment of Tools Raises Security and Operational Concerns
Excessive deployment of remote access tools in operational technology environments expands attack surfaces and creates operational challenges, warn security researchers from Claroty. Remote access tools are essential, but they introduce numerous potential vulnerabilities that threat actors exploit.

Biden Administration Hits Russian Media With More Sanctions for Covert Operations
The U.S. Department of State announced additional sanctions Friday against the Kremlin news outlet RT after officials received new information from employees of the organization that revealed how it has become a key component in the Russian military machine.

Series C Funds to Fuel AI Research, Government Sector Investment and Global Growth
Strider Technologies has raised $55 million in a Series C funding round to strengthen its AI capabilities and fuel global expansion efforts. The money will enhance the company’s AI-driven insights, support business with government agencies, and fuel international expansion in Europe and Asia.

ISMG Compendium Showcases More Than 50 Interviews on Threats, Emerging Solutions
Welcome to Information Security Media Group's Black Hat and DEF CON 2024 Compendium featuring latest insights from the industry's top cybersecurity researchers and ethical hackers, as well as perspectives from CEOs, CISOs and government officials on the latest trends in cybersecurity and AI.

Also: Critical WHOIS Vulnerability Exposes Internet Security Flaw in .mobi Domains
This week, cyberthreats rising in Mexico; FBI warned of BEC scams; U.K. police arrested hacking suspect; Avis, Slim CD, Medicare and Fortinet disclosed breaches; Highline public schools reopened after cyberattack; a critical flaw was found in WHOIS; and Konni upped attacks on Russia, South Korea.

British Government Says Data Centers Are 'Essential for Functioning of Society'
The U.K. government on Thursday designated data centers as part of its critical national infrastructure in a move intended to prevent the loss of sensitive user data during disruptive cyberattacks. A newly announced data center security team will monitor and anticipate potential cyberthreats.

New Report Warns of Continued Delays and Deficiencies in Federal GPS Modernization
The Space Force is suffering from years of delays, setbacks and shortcomings in its Global Positioning System modernization program, according to a Government Accountability Office report, which found major deficiencies and testing issues that could hinder the United States competitiveness in space.

Company Focused on Safe Deployment Practices, Reducing Kernel Mode Dependencies
Cutting kernel mode dependencies and adopting safe deployment practices will make endpoint systems more resilient and secure for Windows customers. Tuesday's meeting came two months after a faulty CrowdStrike update disrupted 8.5 million Windows machines and caused $5.4 billion in direct losses.

More Competition, Ownership Turnover Among Peers Create an Appealing Time to Sell
Hellman & Friedman has met with several investments banks in recent weeks and will choose one to run the sale process for Paramus, New Jersey-based Checkmarx, in which it hopes to get at least $2.5 billion, Calcalist reported. The private equity firm bought Checkmarx for $1.15 billion in April 2020.