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Category: ReliaQuest

SAP cyberattack widens, drawing Salt Typhoon and Volt Typhoon comparisons

Hundreds of victims are surfacing across the world from zero-day cyberattacks on Europe’s biggest software manufacturer and company, in a campaign that one leading cyber expert is comparing to the vast Chinese government-linked Salt Typhoon and Volt Typhoon breaches of critical infrastructure. The zero-days — vulnerabilities previously unknown to researchers or companies, but that malicious…

ReliaQuest secures $500 Million in funding, boosting AI-driven cybersecurity operations

U.S.-based cybersecurity firm ReliaQuest has secured a significant funding boost with a new investment round totaling over $500 million, elevating the company’s valuation to $3.4 billion. The funding round was led by global investors EQT Partners, KKR, and FTV Capital, alongside existing investors Ten Eleven Ventures and Finback Investment Partners. This fresh capital injection underscores…

Cybercriminals picked up the pace on attacks last year

Threat actors became increasingly efficient last year, rapidly achieving lateral movement and swiftly stealing data at a faster clip than ever before, according to multiple threat intelligence firms.  The reduced time frame is a clear indicator that cybercriminals are constantly improving their ability to be successful. With the abuse of legitimate system tools to help…