The acquisition is one of Cisco’s largest, and continues an acquisition streak that has built out the company’s cybersecurity offerings. The company will finance the deal with a combination of cash and debt, Cisco CEO Chuck Robbins said.

TikTok CEO Shou Zi Chew’s testimony did not seem to quell many concerns that lawmakers had about the company’s connections to China or the adequacy of its risk-mitigation plan, Project Texas.

Bankrupt crypto firm FTX said on Tuesday that $415 million worth of crypto was hacked from the exchange’s accounts, representing a sizable portion of the identified assets the company is trying to recover.

People under the age of 20 lost $101.4 million to online scams in 2021 as compared to just $8.3 million in 2017, according to a recent study from cybersecurity startup Social Catfish, which cited figures from the FBI’s Internet Crime Report.

As per a report by Chainalysis, cybercriminals have already stolen nearly $2 billion worth of cryptocurrency in 2022 which is a spike of nearly 60% compared to a year ago.

Robinhood said last year that it was expecting to pay a $30 million settlement to NYDFS after a 2020 investigation focusing on anti-money laundering and cybersecurity-related issues.

Wednesday’s cyberattack on Norway came two days after a similar attack temporarily knocked out public and private websites in Lithuania with a pro-Moscow hacker group reportedly claiming responsibility.

Broadcom will buy VMware in a cash-and-stock transaction valued at $61 billion, based on the closing price of Broadcom common stock on May 25, 2022, the companies announced Thursday.

The proposed amendments will be put out for a public comment period, which will be either 30 days from when it is published in the Federal Register, or 60 days after it is issued, whichever is longer.

The company addressed the data breach on its portal and sought to assure its customers that no sensitive information was compromised. On Monday, it was reported that the company's database was hacked.