Broadcom is rumored to be in talks to acquire cybersecurity firm Symantec

HardwareZone | July 04, 2019

Bloomberg has reported Broadcom is in “advanced talks” to acquire security software firm Symantec. Broadcom wants to expand its business into the “more profitable” software market segment. According to Bloomberg’s sources, the two firms should come into an agreement within weeks. Symantec is one the largest cybersecurity firms; since 2015, the firm has operated its Security Operations Center (SOC) in Singapore. The Singapore SOC is the firm’s sixth such center in the world and the fourth in Asia-Pacific. Broadcom isn’t the first hardware manufacturer to acquire a software firm. In 2010, Intel acquire computer security firm McAfee for US$7.7 billion; however, in 2018, the chipmaker divested 51% of McAfee to a private equity firm TPG Capital. As for Broadcom, this rumored acquisition comes in the wake of its recent US$18.8 billion purchase of software firm CA Technologies. Most readers will recall US President Donald Trump’s successful objection to Broadcom attempted acquisition of Qualcomm in March last year.

Spotlight

Cyberattacks are on the rise and the aviation sector is experiencing growing interest among cyber criminals. On March 7, 2023, the TSA updated their cybersecurity requirements for airports and aircraft operators. Read the solution brief to learn more about the new regulations and what you can do to secure airports and airlines.

Spotlight

Cyberattacks are on the rise and the aviation sector is experiencing growing interest among cyber criminals. On March 7, 2023, the TSA updated their cybersecurity requirements for airports and aircraft operators. Read the solution brief to learn more about the new regulations and what you can do to secure airports and airlines.

Related News

Enterprise Security, Platform Security, Software Security

Identiv Simplifies Cyber-Secure Access Control with Primis

Business Wire | July 31, 2023

Identiv, Inc. (NASDAQ: INVE), a global leader in digital security and identification in the Internet of Things (IoT), introduces Primis, a suite of access control solutions designed for every security need. Primis offers secure, affordable, and ready-to-use security solutions straight out of the box, streamlining access control for businesses of all sizes. The suite features Primis on-premises access control, Primis Cloud, Primis Mobile, and the EG-2 controller. By transforming traditional physical access control systems into user-friendly, cyber-secure solutions, Primis simplifies security. Ideal for small to medium-sized setups, the Primis suite ensures quick installation, minimal training, and easy maintenance. It delivers superior security and reliability at the lowest possible cost, already proven across over 500 deployments to date. “Primis isn't your parent's access control. It's designed for today's SMBs and future-focused organizations; this is our vision for the future of access control where complexity is no barrier and where high security is accessible to everyone,” said Mike Taylor, VP Global Sales, Identiv. “With Primis, access control is always ready, making security simple and easy to use.” The Primis suite includes: Primis: On-site access control hardware and software transforms security with robust, feature-rich technology. It integrates seamlessly with IT networks, eliminating complex configurations and potential vulnerabilities, resulting in enhanced, reliable access control at a lower cost. Primis Cloud: This flexible, secure access control as a service (ACaaS) offering delivers a cloud-based, subscription service version of Primis that minimizes maintenance. Housed in Identiv’s secure AWS virtual environment, Primis Cloud provides 24/7, interruption-free access control. Primis Mobile: The app leverages GPS technology to replace physical credentials with an innovative mobile solution, simplifying access control management through an easy mobile enrollment process. EG-2: A robust mix of power, flexibility, and security, EG-2 is a smart controller that allows door access management from anywhere. It provides a resilient solution that adapts to business needs, even in the event of server disconnections. “Today's launch underscores Identiv’s commitment to delivering top-tier service, security, and support to our partners,” Taylor added. “We invite potential partners to join our global network and benefit from our world-class program.” The Primis suite is exclusively available worldwide through the Identiv Channel Alliance Network (ICAN) partner program. ICAN Partners enjoy numerous benefits, including product discounts, access to comprehensive technical support, sales leads, authorized dealer certificates, co-branded marketing materials, and instant 24/7 access to sales tools and technical resources. About Identiv Identiv, Inc. is a global leader in digitally securing the physical world. Identiv’s platform encompasses RFID and NFC, cybersecurity, and the full spectrum of physical access, video, and audio security. Identiv is a publicly traded company, and its common stock is listed on the NASDAQ Stock Market LLC in the U.S. under the symbol “INVE.” For more information, visit identiv.com.

Read More

Enterprise Security

Honeywell Uses Quantum Computing Encryption to Protect Utility Data

Honeywell | September 11, 2023

Honeywell has announced that it's the first company to incorporate quantum-computing-hardened encryption keys into smart utility meters, protecting end-user data from advanced cybersecurity threats. Quantinuum's Quantum Origin provides an advantage over conventional solutions by generating keys with quantum-computing-enhanced randomness. Honeywell's new Smart Energy and Thermal Solution products powered with Quantum Origin are now available to North American and European customers. Honeywell recently made a groundbreaking announcement that it is the first company to incorporate quantum-computing-hardened encryption keys into smart utility meters, a move that provides advanced protection for end-user data against cyber threats. To achieve this, Honeywell will leverage Quantinuum's Quantum Origin technology to not only enhance data security but also contribute to building greater reliability and trust in the evolving utility sector. The enhanced security utility meters establish a new standard for safeguarding against data breaches and ensuring the uninterrupted operation of water, gas, and electricity utility infrastructure for both commercial and residential applications. Quantinuum's Quantum Origin provides an advantage over conventional solutions by generating keys with quantum-computing-enhanced randomness, thereby rendering them truly unpredictable and substantially enhancing the data security of utilities' end users. No other organizations in the smart meter market presently offer quantum-hardened encryption protection. The incorporation of this technology into Honeywell's Smart Energy and Thermal Solutions' products will assist in addressing the industry's expanding data security requirements, especially as they pertain to critical infrastructure. President of Smart Energy and Thermal Solutions at Honeywell, Hamed Heyhat, said, By integrating Quantinuum's quantum-computing-hardened encryption technology into our smart meters, we are advancing data security for our customers and helping to shape the dialogue on how the utility industries should approach cybersecurity in the quantum era. [Source – Cision PR Newswire] Hamed Heyhat emphasized the significance of continuous innovation in enabling customers to stay ahead of the ever-changing threat landscape. It was noted that such a level of protection is crucial in our progressively digital and interconnected world. Tony Uttley, President and COO of Quantinuum, mentioned, Our work with Honeywell demonstrates the importance of using the power of today's quantum computers to create a more resilient cyber infrastructure to better protect customers. [Source – Cision PR Newswire] Smart Energy and Thermal Solution products from Honeywell with Quantum Origin are now available to North American and European customers. The collaboration will strengthen Honeywell's position as an industry-leading provider of innovative and secure solutions for the utilities industry.

Read More

Platform Security, Software Security, Cloud Security

Aqua Security Unveils AI-Guided Remediation for Lightning-Fast Vulnerability Response

GlobeNewswire | August 04, 2023

Aqua Security, the pioneer in cloud native security, today announced enhancement of the Aqua Cloud Security Platform with the availability of AI-Guided Remediation capabilities. Now overburdened security teams can better operationalize risk findings to rapidly reduce risk and help developers quickly fix issues. According to the Cybersecurity and Infrastructure Security Agency, adversaries exploit a vulnerability within 15 days (on average) of discovery, putting an organization at risk for nefarious activity. This window of exposure combined with an overwhelming volume of alerts amplifies the need for all organizations to reduce mean time to remediation (MTTR). “Cyber threats evolve faster than ever, and security practitioners are increasingly challenged to identify and quickly resolve critical issues,” said Amir Jerbi, CTO and co-founder, Aqua Security. “With Aqua Security’s AI-Guided Remediation, we’re empowering security teams to expedite the resolution of vulnerabilities and misconfigurations. This not only enhances cloud security, but it also fosters collaboration between developers and security experts, ensuring a more resilient and secure ecosystem.” With step-by-step instructions on how to fix the issue, it dramatically reduces the MTTR for security teams and reduces risk exposure, removing the hassle of manually finding advisories, the associated patches and verification steps. AI-Guided Remediation eliminates the guesswork, searching and self-education time, and it allows the developers to focus on completing the fix rather than trying to figure out how to complete it. Leveraging AI-Guided Remediation, dev and security teams can automatically generate prescriptive remediation steps for any misconfigurations and vulnerabilities across multiple clouds and workload types. As part of a comprehensive security platform with dev security, Aqua provides consistent information to dev and security teams within Aqua’s cloud native application protection platform (CNAPP), the Aqua Cloud Security Platform. Break Down Friction, Unify Security A top organizational challenge of DevSecOps adoption is the lack of collaboration between dev and security teams (source: IDC)1. AI-Guided Remediation bridges that gap while also reducing friction. Despite having different goals and responsibilities, developers are facing increasing pressure to act as security experts. As further illustrated by IDC data, building a culture of shared ownership between dev and security is a driver for adopting a DevSecOps. AI-Guided Remediation provides prescriptive contextual guidance to help developers, who may not be security experts, arm themselves with the information they need to remediate quickly and collaborate more effortlessly. “As a developer, AI-Guided Remediation is like having a security expert in your pocket,” said Jerbi. AI-Guided Remediation leverages generative AI and is part of the SaaS addition of the Aqua Cloud Security Platform; it is available with an Open AI integration with ChatGPT. To learn more, visit Aquasec.com. About Aqua Security Aqua Security stops cloud native attacks across the application lifecycle and is the only company with a $1M Cloud Native Protection Warranty to guarantee it. As the pioneer in cloud native security, Aqua helps customers reduce risk while building the future of their businesses. The Aqua Platform is the industry's most integrated Cloud Native Application Protection Platform (CNAPP), protecting the application lifecycle from cloud to cloud and back. Founded in 2015, Aqua is headquartered in Boston, MA and Ramat Gan, IL with Fortune 1000 customers in over 40 countries. For more information, visit https://www.aquasec.com/.

Read More