Firewall Friday

Weekly Cyber Security Activity — November 4th, 2018

Just in case you’ve been living under a rock or something, let me be the first one to tell you that Red Hat was acquired by IBM…. for a lot. Along with the one major acquisition of the week, we have a number of startups that have received a ton of capital with Dawn Capital leading the charge with nearly $40M invested in the last two weeks followed by Kleiner Perkins.

Cybersecurity Financing Activity

  • Shape Security, which provides a bot mitigation and anti-automation solution, raised a $26M Series E led by Norwest Venture partners. There was also participation from JetBlue Technology Ventures, Singtel Innov8, Kleiner Perkins, Venrock, Baseline Ventures, Allegis Capital, Focus Ventures, Epic Ventures, Raging Capital, and Tomorrow Ventures. Shape Security has raised a total of $132M in funding since 2011.

Cybersecurity M&A Activity

  • Red Hat, which provides open-source secure software products to the enterprise community, was acquired by the technology juggernaut IBM for $34.0B.

Other Relevant Cyber News

  • In response to the growing appearance of mobile banking Trojans on Google Play Store, researchers have analyzed 29 sophisticated mobile bankers which feature tailor-made phishing forms delivery and stealth functionalities. Check Point SandBlast Mobile customers are protected from this threat.

Top Attacks and Breaches

  • Some 9 million customers of the Hong Kong-based airline Cathay Pacific were affected by a data breach, in which passport numbers, identity cards and personal information was collected.

Vulnerabilities and Patches

  • A critical privilege escalation flaw has been found in X.Org Server package, impacting multiple Linux distributors such as Debian, Red Hat and Ubuntu..

Cyber Security Professional @Check Point | Mentor @Bunker Labs | Founder & Shinnies