BreachRx Closes $15M Series A Funding to End the Chaos of Cybersecurity Incident Response

BreachRx, the platform shaking up cybersecurity incident response, has just bagged $15 million in Series A funding! Led by Ballistic Ventures, this oversubscribed round marks a significant milestone, bringing total funding to over $23 million. The funding also sees notable names like former Mandiant CEO, Kevin Mandia, joining the Board. Source: OODAloop Key Points BreachRx […]

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Dutch government passes law to criminalize cyber-espionage | How the trade war shaped a Chinese battery giant’s Hong Kong debut | Google offers ‘AI mode’ in ‘total reimagining of search’

Summary The Dutch government has enacted a new law that significantly broadens the scope of espionage activities deemed criminal, particularly in the digital realm. This legislation aims to enhance national security by imposing stricter penalties, including up to 12 years in prison for those engaging in cyber-espionage or leaking sensitive information. This move comes amid […]

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Palo Alto beats on earnings and revenue. Here’s why the cyber stock is dropping anyways

Palo Alto Networks’ shares took a hit on Tuesday evening despite the company surpassing earnings and revenue expectations for its fiscal third quarter. The cybersecurity firm reported a 15% year-over-year revenue increase to $2.29 billion, with adjusted earnings per share rising 21% to 80 cents. Although expectations were high, the stock dropped—raising questions about investor […]

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LSU’s New Student-Run Cybersecurity Center Serves Commercial Clients

Louisiana State University (LSU) has partnered with cybersecurity firm TekStream to launch an innovative student-run security operations centre (SOC). This centre aims to equip students with valuable experience in cybersecurity while offering round-the-clock services to educational and commercial clients. Key Points The new SOC focuses on addressing the cybersecurity talent shortage and reducing reliance on […]

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Schuetz: Tell Me Again Why I Need To Describe My Scars And Tattoos To Get A Gaming License?

In his latest article, Richard Schuetz dives into the perplexing question of why gaming license applicants are required to disclose details about their scars, tattoos, and other distinguishing marks. The topic has been a recurring theme in Schuetz’s writing, and he urges readers to reconsider the validity and relevance of this requirement in the licensing […]

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Wynn Withdraws From Hudson Yards NYC Casino Bid

Summary Wynn Resorts has officially opted out of the competition for one of New York City’s downstate casino licenses. This decision comes as part of their collaboration with Related Companies on a $12 billion casino proposal at Hudson Yards, which was met with significant local opposition. Wynn had modified their proposal to include more housing, […]

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Light & Wonder Closes Acquisition of Grover Gaming’s Charitable Gaming Assets

Summary Light & Wonder has successfully completed its acquisition of Grover Gaming’s charitable gaming assets, initially announced earlier this year. The deal, valued at 850 million dollars in cash, also includes up to 200 million dollars in a revenue-based earn-out over four years. Grover Gaming operates a vast network of electronic pull-tab units across several […]

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