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The large education tech vendor was hit by a cyberattack and paid a ransom in December. Now, a threat actor is attempting to extort the company’s customers with stolen data.

CEO George Kurtz said the decision to cut about 500 jobs was driven by internal efficiency gains from AI and multibillion-dollar opportunities in new market segments.

Top security leaders at some of the largest tech and cybersecurity vendors said public-private collaborative work continues, despite budget cuts and personnel changes.

Threat intel experts expounded on how their data does not only serve to temporarily disrupt malicious activity, but find, arrest and convict cybercriminals for their offenses.

Cyber defenders say AI technologies are quickly evolving to help stop sophisticated threat groups, including Chinese adversaries, from embedding themselves inside target organizations.

The yearslong scheme goes much deeper than contract work, extending to roles beyond traditional IT and sometimes granting the insider threat “keys to the kingdom,” DTEX President Mohan Koo said.

Ransomware groups last year achieved lateral movement within an average of 48 minutes after gaining initial access to targeted environments, threat intelligence experts said.

CrowdStrike observed significant growth in China’s offensive cyber capabilities last year as more groups used sector-specific skills to target critical industries and technologies.

The 2015 Cybersecurity Information Sharing Act provides vital legal protections for cyber threat sharing initiatives, they say.

The mobile company Cape’s Android-based phone complies with U.S. law but claims to offer a higher degree of privacy for users.