Cloud Security Firm Lacework Lays Off 20% of Workforce

cloud-security-firm-lacework-lays-off-20%-of-workforce

Cloud security company Lacework is laying off a significant chunk of its workforce as a result of restructuring.

The firm blamed the layoffs on a “seismic shift” in public and private markets, which have forced it to restructure and change its plan.

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OT Remote Access Firm Xona Raises $7.2 Million in Series A Funding

ot-remote-access-firm-xona-raises-$7.2-million-in-series-a-funding

Xona Systems, an Annapolis MD-based provider of frictionless remote authentication and access to the critical infrastructure, has raised $7.2 million in a Series A funding round led by DataTribe Opportunities Fund with participation from TFX Capital and individual investors. It brings the total raised to date to $9.4 million.

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Alleged Cybercrime Ringleader Arrested in Nigeria

alleged-cybercrime-ringleader-arrested-in-nigeria

An unnamed Nigerian man has been arrested over his alleged role leading a cybercrime group that specialized in phishing and business email compromise (BEC).

The arrest, announced on Wednesday by Interpol, is the result of an international operation involving law enforcement and several cybersecurity companies.

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