Darktrace is set to go private in a deal that values the U.K.-based cybersecurity giant at around $5 billion. A newly formed entity called Luke Bidco Ltd., formed by private equity giant Thoma Bravo, has tabled an all-cash bid of £6.20 ($7.75) per share, which represents a 44% premium on its average price for the […]
Thoma Bravo to take UK cybersecurity company Darktrace private in $5B deal Read More »
Rubrik shares hit the New York Stock Exchange Thursday, debuting at $38 a share. The cybersecurity company priced its shares at $32 apiece Wednesday night, just a hair over its initial target range of $29 to $31 after raising $752 million. This share price gives Rubrik a fully diluted valuation of $6.6 billion, up 88%
Rubrik’s shares end trading up almost 16% on the company’s public debut Read More »
U.S. health conglomerate Kaiser is notifying millions of current and former members of a data breach after confirming it shared patients’ information with third-party advertisers, including Google, Microsoft and X (formerly Twitter). In a statement shared with TechCrunch, Kaiser said that it conducted an investigation that found “certain online technologies, previously installed on its websites
Two veteran security experts are launching a startup that aims to help other makers of cybersecurity products to up their game in protecting Apple devices. Their startup is called DoubleYou, the name taken from the initials of its co-founder, Patrick Wardle, who worked at the U.S. National Security Agency between 2006 and 2008. Wardle then
Ex-NSA hacker and ex-Apple researcher launch startup to protect Apple devices Read More »
ICICI Bank, one of India’s top private banks, exposed the sensitive data of thousands of new credit cards to customers who were not their intended recipients. The Mumbai-based bank confirmed to TechCrunch Thursday that its digital channels “erroneously mapped” about 17,000 credit cards issued in the past few days to “wrong” users. The issue came
India’s ICICI Bank exposed thousands of credit cards to ‘wrong’ users Read More »
Automation continues to be a major theme in the enterprise — underscored not least by the rise of AI as a tool to help fix some of the more routine, resource-intensive and fragmented aspects of how security and other IT functions operate. To capitalize on that trend, one of the bigger startups in the space,
Tines taps $50M to expand its workflow automation beyond security teams Read More »
A vulnerability in a smart access control system used in thousands of U.S. rental homes went unfixed for years because Chirp Systems, the company that makes the system, ignored requests to fix the flaw. U.S. cybersecurity agency CISA went public with a security advisory last month saying that the phone apps developed by Chirp, which
US government downgrades bug in Chirp Systems app that contained hardcoded password Read More »
