Latest cybersecurity reporting from selected sources.

Action1 Opts For Independence, Believes It Can Become Multi-Billion Dollar BusinessAction1 has rebuffed CrowdStrike's interest in acquiring the patch management and vulnerability remediation startup for $1 billion and opted to remain independent. Action 1 has decided to turn down acquisition inquiries since the company believes it can grow into a multi-billion dollar business.

CrowdStrike is moving deeper into application security with its agreement to acquire Bionic, provider of ASPM technology that proactively scans software in production for vulnerabilities.