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Bank Info Security 1 week, 1 day ago

European Patience With Cybersecurity Laggards Snaps

European Commission Sues 4 Countries for Not Implementing NIS2The European Commission is cracking down on Spain, France and other countries for failing to implement or abide by cybersecurity legislation. NIS2 forces the EU's member states to publish national cybersecurity strategies and boost the protection of critical infrastructure across sectors.

Bank Info Security 1 month, 1 week ago

EU Prepares Path for Shutting Out US Cloud Providers

Commission Proposes That Sensitive Public Data Should Be Kept LocalThe European Union's executive arm singled a strong dislike for U.S. cloud service provider participation in public-sector procurements in a long-delayed legislative package meant to bolster continental self-sufficiency. The proposal called for sensitive public data to be stored locally.

The European Union Is Cutting Ties With US Tech CompaniesThe European Commission made a significant move towards "digital sovereignty" by awarding a 180 million euro - approximately $213 million - cloud contract to a quartet of European providers. The deal will allow the commission and the EU Parliament and council to procure sovereign cloud services.

European Commission Rejects Claims of Reduced Multi-Cloud CompetitionThe European Commission has unconditionally approved Google's takeover of cloud security vendor Wiz, saying customers will retain alternatives in the cloud infrastructure and security markets even as critics warned the $32 billion deal could entrench Google's ecosystem.

Bank Info Security 5 months, 2 weeks ago

Groups Warn $32B Google-Wiz Deal Threatens Cloud Competition

Civil Society Orgs Concerned Deal Could Tilt Cloud Security Space in Google’s FavorA coalition of European civil society organizations is urging regulators to launch a detailed antitrust investigation into Google's proposed $32 billion purchase of Wiz. They argue the acquisition would strengthen Google's dominance in cloud security and undermine multi-cloud neutrality.

Europe Tries, Tries Again Amid Transatlantic UncertaintyEuropean cloud users love hyperscalers - but they’re all American. Microsoft, Google and Amazon Web Services together hold 70% of the European market, with local providers mustering a mere 15% collectively. That landscape could soon change in the face of geopolitical reality.

Bank Info Security 8 months, 2 weeks ago

Nation-State, Cyber and Hacktivist Threats Pummel Europe

Identity and Cloud Stacks Targeted as Adversaries Seek New Ways In, Experts WarnCyberattacks targeting European organizations continue to shape and be shaped by geopolitical events, whether they involve nation-state hackers, financially motivated cybercriminals or opportunistic hacktivists, says a new report from cybersecurity firm CrowdStrike.

Bank Info Security 1 year, 5 months ago

Mitiga Brings In $30M for Cloud and SaaS Protection Growth

Series B Funding Round to Drive European Expansion, R&D and Automated RemediationMitiga, a cloud security firm, has secured $30M in Series B funding to expand its solutions for detecting and responding to threats in public cloud and SaaS environments. Funds will support European market entry and R&D into automated remediation tools, boosting security operations globally.

Bank Info Security 1 year, 6 months ago

Volkswagen Subsidiary Exposed Data of 800,000 Cars Online

Flaw Exposed Vehicle Data and Private Details of Car Owners in EuropeA security snafu at a Volkswagen subsidiary exposed vehicle information and ownership details on approximately 800,000 cars, including precise location data and owners' personal profiles. A whistleblower found a vulnerability in the cloud storage accounts of Volkswagen subsidiary Cariad.

Bank Info Security 1 year, 7 months ago

Chinese APT Groups Targets European IT Companies

Evidence Mounts for Chinese Hacking 'Quartermaster'A probable Chinese nation-state threat actor compromised Visual Studio Code and Microsoft Azure cloud infrastructure to target Western technology firms for espionage, security firms Tinexta Cyber and SentinelLabs said. The companies call the campaign "Operation Digital Eye."

deviceTrust, Strong Network Acquisitions Improve Zero Trust, Developer ProtectionsCitrix enhances its security for hybrid work by acquiring deviceTrust and Strong Network. Purchasing these European startups boosts protection for VDI, DaaS and cloud development, empowering organizations to enforce zero-trust principles and reduce risks across their hybrid environments.

Bank Info Security 1 year, 8 months ago

ISMG Editors: DSPM, DLP Converge to Reshape Data Security

Also: Impact of NIS2 Directive in Europe, Cloud Governance ChallengesIn the latest weekly update, ISMG editors discussed the strategic convergence of data security posture management and data loss prevention technologies, evolving priorities of security leaders and the urgent readiness challenges posed by the NIS2 Directive.