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Armis Readies for IPO With Bumper Funding Round

By Kim S. Nash

 

Hello. Cybersecurity company Armis has raised $435 million in funding as it prepares for an initial public offering next year or in early 2027.

The round values Armis at $6.1 billion. Investor interest in cyber companies has reignited in recent months, with a few rare public offerings, and a string of high-value funding rounds. Read our full story. 

More news below. 

 

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CONTENT FROM: ZSCALER
Why CIOs Are Adopting A Cafe-like Branch Architecture

Ransomware attacks often start with one compromised user — a single user in a branch can infect everything on your network. This is facilitated by an underlying design principle of MPLS and SD-WAN — lateral movement. Zscaler CEO Jay Chaudhry explains why CIOs are embracing cafe-like branches to stop ransomware, increase business agility and reduce cost.

It’s time to embrace cafe-like branches

 

More Cyber News

PHOTO: SAMYUKTA LAKSHMI/BLOOMBERG

Apple's latest round of security updates includes fixes for 157 vulnerabilities across its product lines. The company typically provides little detail about such flaws or their severity, which is frustrating when trying to prioritize fixes. (CyberScoop)

The personal data of more than 1.5 million people in Sweden was compromised after an August cyberattack on Miljödata, a key tech supplier to Swedish municipalities. The country's privacy watchdog is investigating the company and the local governments for potential violations of the European Union's General Data Protection Regulation. (Bleeping Computer)

The U.S. sanctioned eight individuals and two businesses for laundering proceeds of North Korean cybercrimes and information-technology work that it said in part supports Pyongyang’s weapons of mass destruction.

  • Some of the IT work has taken place in the U.S. via so-called “laptop farm” schemes in which North Koreans take advantage of remote work opportunities. (Dow Jones Risk Journal)

M&A: San Francisco-based Bugcrowd acquired Mayhem Security, which makes AI-powered tools for security testing. Bugcrowd plans to integrate Mayhem's tools into its platform for crowdsourcing cyber testing. Financial terms of the deal weren't disclosed. 

Japanese media company Nikkei said its internal Slack messaging system was hacked, exposing information about 17,368 employees and business partners. Chat histories as well as names and email addresses were compromised, Nikkei said. (Bleeping Computer)

7

Number of months U.S. Cyber Command and the National Security Agency have gone without a leader. The Trump administration dismissed Gen. Timothy Haugh in April and hasn't named a successor. (Breaking Defense)

 

About Us

The WSJ Pro Cybersecurity team is Deputy Bureau Chief Kim S. Nash and reporters Angus Loten, James Rundle and Catherine Stupp. Follow us on X @WSJCyber. Reach the team by replying to any newsletter you receive or by emailing Kim at kim.nash@wsj.com.

 
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