Risk management and compliance solutions provider Vanta has raised more than $500 million since 2021.
The post GRC Firm Vanta Raises $150 Million at $4.15 Billion Valuation appeared first on SecurityWeek.
Compyl Raises $12 Million for GRC Platform
Compyl has raised $12 million in a Series A funding round that will be invested in go-to-market initiatives, hirings, and GRC platform expansion.
The post Compyl Raises $12 Million for GRC Platform appeared first on SecurityWeek.
New UK Framework Pressures Vendors on SBOMs, Patching and Default MFA
By baking minimum expectations into procurement conversations, the plan is to steer software vendors to “secure-by-design and default” basics.
The post New UK Framework Pressures Vendors on SBOMs, Patching and Default MFA appeared first on SecurityWeek.
TikTok Fined $600 Million for China Data Transfers That Broke EU Privacy Rules
EU privacy watchdog fined TikTok $600 million after a four-year investigation found that data transfers to China put users at risk of spying, in breach of strict EU data privacy rules.
The post TikTok Fined $600 Million for China Data Transfers That Broke EU Privacy Rules appeared first on SecurityWeek.
Raytheon to Pay $8.4 Million in Settlement Over Cybersecurity Failures
The US government says defense contractor Raytheon and Nightwing agreed to pay $8.4 million to settle False Claims Act allegations.
The post Raytheon to Pay $8.4 Million in Settlement Over Cybersecurity Failures appeared first on SecurityWeek.
UK Software Firm Fined £3 Million Over Ransomware-Caused Data Breach
The UK ICO has fined Advanced Computer Software Group £3 million ($3.8 million) over a 2022 data breach resulting from a ransomware attack.
The post UK Software Firm Fined £3 Million Over Ransomware-Caused Data Breach appeared first on SecurityWeek.
Defense Contractor MORSE to Pay $4.6M to Settle Cybersecurity Failure Allegations
US defense contractor MORSE Corp has agreed to pay $4.6 million to settle allegations over its cybersecurity failures.
The post Defense Contractor MORSE to Pay $4.6M to Settle Cybersecurity Failure Allegations appeared first on SecurityWeek.
Encrypted Messaging Apps Promise Privacy. Government Transparency Is Often the Price
Public officials and private citizens are consistently warned about hacking and data leaks, but technologies designed to increase privacy often decrease government transparency.
The post Encrypted Messaging Apps Promise Privacy. Government Transparency Is Often the Price appeared first on SecurityWeek.
The Hidden Cost of Compliance: When Regulations Weaken Security
The current state of regulation and the overwhelming burden it brings to most enterprises is a discussion worth having
The post The Hidden Cost of Compliance: When Regulations Weaken Security appeared first on SecurityWeek.
US Military Health Provider HNFS Pays $11M in Settlement Over Cybersecurity Failures
US military health benefits program administrator HNFS to pay $11 million in settlement over its false claims of cybersecurity compliance.
The post US Military Health Provider HNFS Pays $11M in Settlement Over Cybersecurity Failures appeared first on SecurityWeek.
