Plus, Safe Security makes a big acquisition and another company gets some funding.

Craig Galbraith, Editorial Director

July 12, 2023

8 Slides

Threat actors don’t take a break, and neither does Channel Futures’ coverage of the week’s biggest cybersecurity news.

Our esteemed senior news editor and cybersecurity guru, Edward Gately, is on vacation, but the malicious hackers keep on hackin’. Therefore, we present a security roundup to keep you and your customers up to speed.

The team at Lumen’s Black Lotus Labs discovered a botnet wreaking havoc on routers. Connect to the internet from your small office or home office, and you could face some serious issues with “AVrecon” nosing its way into your network.

Then there’s a phishing attack that went unnoticed for – wait for it – two years. Our security roundup explains why it took so long to discover what would eventually cost financial customers millions of dollars.

Security Roundup: M&A, Research

There also was news on the security merger-and-acquisition front. Safe Security says it’s taking its business to the next level with the purchase of RiskLens. It brings together Safe’s cyber risk management with RiskLens’ cyber risk quantification platform.

And a pair of studies this week shed light on the impact of artificial intelligence on malicious hacking, and the increasing availability of privileged access management for SMBs.

All that and more in our security roundup, which you can access in the slideshow above.

Want to contact the author directly about this story? Have ideas for a follow-up article? Email Craig Galbraith or connect with him on LinkedIn.

 

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About the Author(s)

Craig Galbraith

Editorial Director, Channel Futures

Craig Galbraith is the editorial director for Channel Futures, joining the team in 2008. Before that, he spent more than 11 years as an anchor, reporter and managing editor in television newsrooms in North Dakota and Washington state. Craig is a proud Husky, having graduated from the University of Washington. He makes his home in the Phoenix area.

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