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CybersecurityCybersecurity

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Netskope Jumps in Market Debut

By Kim S. Nash

 

Hello. Netskope, which makes cybersecurity products to secure corporate software and data, raised $908.2 million in its market debut on the Nasdaq after pricing shares at $19, the top of its revised range.

Shares closed at $22.39 Thursday.

CEO Sanjay Beri told WSJ Pro's James Rundle that the company has been operating as if it were public for two years. Read our full story. 

More news: 

  • Cyber proposal for U.S. food supply
  • Alleged Scattered Spider hacker charged 
  • Frontier Communications to settle breach suit for $5.6 million
  • Hundreds of bugs in industrial controls systems
  • And more ...
 

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More Cyber News

Senator Catherine Cortez Masto

PHOTO: KEVIN DIETSCH/GETTY IMAGES

Protection for food supply: The Cybersecurity in Agriculture Act, a bill proposed Thursday by Sens. Catherine Cortez Masto (D., Nev.) and Ted Budd (R., N.C.), aims to strengthen security defenses in the food industry. The bill would provide for five regional cyber centers to improve threat information-sharing and test new tech and techniques for preventing hacks, among other provisions. 

U.S. charges a suspect in Scattered Spider attacks. A 19-year-old U.K. man, Thalha Jubair, was arrested for his role in a hacking spree that broke into 120 networks to extort victims into paying about $115 million in ransoms. The attacks occurred from May 2022 until this month, according to the Justice Department. 

Frontier Communications resolves data-breach case for $5.6 million. The Dallas-based telecom provider agreed to settle a lawsuit over an April 2024 cyberattack that exposed the personal information of more than 751,000 prospects and customers. Individuals can receive up to $5,000 as reimbursement for documented losses or up to $100 for claims without documentation. 

An OpenAI bug could have let hackers access users' Google Mail accounts, cyber company Radware said. OpenAI has issued a patch. (Bloomberg)

CISO move: David Cass has joined Belgium-based financial services firm Keyrock as CISO. Cass was previously a senior cyber leader at the Federal Reserve Bank of New York and CISO at GSR, a capital-market partner for the crypto industry.

472

Number of bugs in industrial systems that U.S. officials so far this year have put in the Known Exploited Vulnerabilities Catalog, a must-patch database of problems maintained by the Cybersecurity and Infrastructure Security Agency. 

That includes nine new ones from CISA on Thursday.

 

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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