Barracuda Networks management

KKR buys Barracuda Networks from Thoma Bravo

KKR, a global investment firm, has acquired Barracuda Networks, a provider of security solutions, from Thoma Bravo, a leading software investment firm. Financial terms of...
Bitcoin exchange

Stolen funds from hacking of cryptocurrency surges 60%: Chainalysis

Stolen funds from hacking of cryptocurrency rose nearly 60 percent in the first seven months of 2022 to $1.9 billion, propelled by a surge...
Security spending in Asia Pacific forecast

Security spending in Asia Pacific to grow 15% to $31 bn: IDC

Spending on security solutions and services in Asia Pacific is forecast to increase 15.5 percent $31 billion in 2022 from 2021, according to IDC’s...
Microsoft stores

Microsoft releases patches for 141 bugs in August

Microsoft has released patches for 141 bugs in its August 2022 Patch update, including two previously undisclosed (zero-day) flaws. The total patch count for the...
Avast at RSA

Global ransomware attacks up 24% in Q2: Avast

Global ransomware attacks increased 24 percent in Q2 2022 from Q1-2022, said Avast, a leader in digital security and privacy, in its Q2-2022 Threat...
Online shopping trends

How to invest in an effective digital security strategy

With cyber threats continuing to grow both in the frequency of attacks and in their complexity, investing in an effective digital security strategy has...
ransomware demands and trends

6 industries most vulnerable to ransomware attacks

Ransomware attacks are one of the most stressful events any company can face. For starters, ransomware is a type of malicious software that blocks...
Twilio customers

Twilio faces cyber attack and accessed customer accounts

Twilio, the US-based enterprise software vendor company, has faced a cyber attack as someone gained unauthorized access to information related to its customer accounts. Twilio...
IT network security issues

IT security spending in Europe to grow 10.8% to $47 bn: IDC

IDC report said European IT security spending will grow at 10.8 percent to reach $47 billion in 2022. The IT security spending in Europe will...
Dollar spending on technology

Ping Identity to be acquired by PE firm Thoma Bravo for $2.4 bn

Authentication software firm Ping Identity said Thoma Bravo would take it private for $2.4 billion. Ping Identity offers identity solutions and services to prevent fraud and...



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