[HackerNews] Colonial Pipeline Paid Nearly $5 Million in Ransom to Cybercriminals

Colonial Pipeline on Thursday restored operations to its entire pipeline system nearly a week following a ransomware infection targeting its IT systems, forcing it to reportedly shell out nearly $5 million to restore control of its computer networks.
“Following this restart, it will take several days for the product delivery supply chain to return to normal,” the company said in a statement on

Source: Read More (The Hacker News)

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[SecurityWeek] Data Access Control Firm Immuta Raises $90 Million in Series D Funding

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Cloud data access control solutions provider Immuta this week announced raising $90 million in Series D funding, which brings the total capital invested in the company to $169 million. read more Source: Read More (SecurityWeek RSS Feed)

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[TheRecord] Dave DeWalt wants to build more cybersecurity unicorns

Former McAfee and FireEye chief executive Dave DeWalt is amassing one of the fastest-growing war chests for cybersecurity investments. Last week, his firm NightDragon announced it had raised $750 million to “invest in and advise late-stage and growth companies in the cybersecurity, safety, security and privacy industry.” Earlier this year, DeWalt announced he was leading […]

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[SecurityWeek] Snap’s Stock Drops as iPhone Privacy Controls Pinch Ad Sales

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