19 Jul 2016

Is the Future of Cybersecurity in M&A?

“In 2015, Cybersecurity startups saw 332 funding deals with investments hitting the highest ever at $3.8 billion (235 percent growth over 5 years). New funds have been raised dedicated to this segment. What we’ve also seen is the increase in M&A. For 2015, there were 133 information security M&A deals,

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29 Jun 2016

Insecurity for Cybersecurity

“But now the cybersecurity industry has reached a critical crossroads. The industry’s relative newcomers such as FireEye and Bromium are under pressure to prove they can be lasting winners or sell out as the fragmented industry gives way to consolidation. Members of the computer security old guard including Symantec, meanwhile, are scrambling

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08 Jun 2016

Military Contractor Formerly Named Blackwater May Be for Sale for $1B

“Constellis Holdings, the owner of the U.S. military security services business formerly known as Blackwater, is exploring a sale it hopes will value the company at as much as $1 billion, including debt, according to people familiar with the matter. The sale process will test, both financially and reputationally, the

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24 May 2016

State Dept Chooses 7 for New Worldwide Protective Services Contract

“Seven companies have been awarded spots on a potential five-year, multibillion-dollar contract to help protect State Department facilities and personnel based in high-threat areas globally.” Source: State Dept Chooses 7 for New Worldwide Protective Services Contract

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20 May 2016

Palantir losing key clients and employees

“Over the last 13 months, at least three top-tier corporate clients have walked away, including Coca-Cola, American Express, and Nasdaq, according to internal documents. Palantir mines data to help companies make more money, but clients have balked at its high prices that can exceed $1 million per month, expressed doubts

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25 Apr 2016

Erik Prince and World of Mercenaries

“What Balderas didn’t mention in his two and a half hours before the commission—what the Panama Papers now reveal—was that, just weeks prior, Triple Canopy had acquired Edinburgh International, a Dubai-based military contractor, operating out of a suite of offshore companies in the British Virgin Islands, registered for a time

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30 Jan 2016

Security Firm Norse Corp. Imploding

“‘The systems in question are fake systems….and the data obtained cannot be accurately used for attribution,’ Lee wrote of Norse’s sensor network. ‘In essence, Norse identified scans from Iranian Internet locations against fake systems and announced them as attacks on industrial control systems by a foreign government. The Norse report’s claims

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20 Nov 2015

Ex-Navy Seal Bets on Newly Discovered Congo Copper Deposit

“Frontier Resource Group, founded by former U.S. Navy Seal Erik Prince, is in talks with a potential partner to develop a copper deposit in central Democratic Republic of Congo where the company says the metal has never been found before. The company expects to seal a ‘multi-million dollar deal’ with

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11 May 2015

Blackwater Founder Turns White-Collar CEO Aiding Chinese Firms

“Nearly five years after selling his notorious soldiers-for-hire business, the founder of Blackwater Worldwide is once again running operations in some of the world’s most hazardous places. This time, instead of providing machine-gun-wielding contractors, Erik Prince is offering Chinese customers logistical support to get in and out of African danger

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03 Apr 2015

Uber Lures Facebook Security Chief Joe Sullivan to be CSO

“New age car service Uber on Thursday said that it has hired former Facebook security chief Joe Sullivan as its first ever Chief Security Officer. Sullivan, who will take the position as CSO at Uber in late April, joins the company after 5 years at Facebook in a similar role,

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