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Atos staves off bankruptcy, casts wider net for refinancing

CIO

billion from the sale of its big data and security activities to aircraft manufacturer Airbus fell through in March. The French government has also offered a $50 million short-term loan to Atos subsidiary Bull, conditional on it continuing to deliver on certain contracts important to French national security. billion on revenue of €10.7

.Net 264
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AI cybersecurity provider SentinelOne files for $100M IPO

TechCrunch

SentinelOne, a late-stage security startup that helps organizations secure their data using AI and machine learning, has filed for an IPO on the New York Stock Exchange ( NYSE ). In an S-1 filing on Thursday , the security company revealed that for the three months ending April 30, its revenues increased by 108% year-on-year to $37.4

.Net 274
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Cybersecurity Snapshot: New Guide Details How To Use AI Securely, as CERT Honcho Tells CISOs To Sharpen AI Security Skills Pronto

Tenable

1 - Using AI securely: Global cyber agencies publish new guide Is your organization – like many others – aggressively adopting artificial intelligence to boost operational efficiency? If so, you might want to check out a new guide published this week about how businesses can use AI securely. So says the U.K.

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Thoma Bravo buys cybersecurity vendor Proofpoint for $12.3B in cash

TechCrunch

More M&A activity is underway in the red-hot field of cybersecurity. In the latest development, private equity giant Thoma Bravo is buying Proofpoint , the SaaS security vendor, for $12.3 It also however reported a GAAP net loss of $45.3 That’s narrowed from a net loss of $66.8 billion in cash.

.Net 254
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Industrial cybersecurity startup Claroty raises $140M in pre-IPO funding round

TechCrunch

Claroty, an industrial cybersecurity company that helps customers protect and manage their Internet of Things (IoT) and operational technology (OT) assets, has raised $140 million in its latest, and potentially last round of funding. . Founded in 2015, the late-stage startup focuses on the industrial side of cybersecurity. Vardi said.

Industry 250
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Airbus abandons possible acquisition of Atos data division

CIO

Airbus, a potential acquirer of the IT services company’s big data and security business, has walked away from the deal after completing its “due diligence” investigation. Airbus already has a cybersecurity business of its own, and manages vast quantities of data generated by its earth observation satellites. Another buyer?

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Cybersecurity Snapshot: NIST’s Cybersecurity Framework Gets Major Update, as Advisories on APT29 and ALPHV Blackcat Get Rolled Out

Tenable

Check out what’s new in NIST’s makeover of its Cybersecurity Framework. Also, how to assess the cybersecurity capabilities of a generative AI LLM. 1 - NIST’s Cybersecurity Framework 2.0 1 - NIST’s Cybersecurity Framework 2.0 The Cybersecurity Framework at 10.and And the most prevalent malware in Q4. And much more!