A majority of Chief Information Security Officers are ready to pay premium to cybersecurity vendors or “thought leaders”, according to Code Red’s glob.
Foreign Secretary speech to CYBERUK Conference
Checked against delivery version of the Foreign Secretary’s speech, given to the National Cyber Security Centre’s CYBERUK conference, Wednesday 12 May.
From:
It is a pleasure to be here.
As you’ll remember on this day, four years ago, computers across the NHS suddenly flashed up a red screen.
With an image of a padlock and the words: “oops, your files have been encrypted.”
There was a demand for a bitcoin payment, and two countdown clocks. One for when the ransom demand would be doubled, and another for when the files would be permanently destroyed.
Cycode Raises $20 Million Series A Round From Insight Partners
SAN FRANCISCO, May 11, 2021 Cycode, an innovator in securing DevOps pipelines, today announced a $20 million Series A round led by Insight Partners, with participation from seed investor, YL Ventures. The new funding brings total investment to $25 million and positions Cycode to accelerate growth into securing enterprise DevOps tools such as source control management systems, build systems and cloud infrastructure.
In addition to the Series A funding, Cycode also announced the signing of new customers including: Grubhub, Databricks, Flexport, Rapyd, Copart and Cobalt. Further, Cycode has hired Dor Atias as VP of R&D, Tom Kennedy as VP of Sales and Andrew Fife as VP of Marketing.
Grafton expects profits to beat forecasts after bumper March and April
A look at the major movers on the London market on Wednesday
Grafton Group PLC (LON:GFTU) expects full year profits to significantly beat forecasts after a bumper performance in March and April.
The building materials distributor and DIY firm - known for its Selco brand - said revenues between January and 18 April rose 32.9% to £846.8mln with growth in the latest two months ahead of forecasts.
It was helped by the fact that all its distribution, retail and manufacturing branches continued to trade as essential suppliers.
So it expects operating profit for the year to be 15% to 20% higher than concensus forecasts of £206mln, also helped by higher property profits. As it heads into the key trading periods of May and June, it cautioned that the outlook for the second half depended on consumer spending patterns returning to normal.