A Tale of 3 Data Leaks : Clubhouse, LinkedIn, Facebook
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Biden Seeks to Boost CISA s Budget by $110 Million
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President Joe Biden is asking Congress to boost the Cybersecurity and Infrastructure Security Agency budget by $110 million in 2021 to allow the agency to address a range of cybersecurity issues, following several high-profile incidents that have happened in the past six months. The increase is part of Biden s $1.52 trillion spending proposal for next year.
The funding request for CISA in fiscal 2022 amounts to $2.1 billion, which is $110 million more than the sum allocated in the previous fiscal. This would also build on the $650 million provided to CISA under the American Rescue Plan Act of 2020, or the COVID-19 stimulus package, which sought to better protect federal and civilian agency networks during the pandemic.
Cofense and StrikeForce Announce Acquisitions
DougOlenick) • April 10, 2021 Get Permission
Email security provider Cofense and data security firm StrikeForce Technologies both have announced acquisitions. Meanwhile data protection firm OneTrust received additional funding.
These deals are the latest in a long string of merger and acquisition activities this year.
Cofense Buys Cyberfish
Leesburg, Virginia-based Cofense says it s acquiring the Israeli firm Cyberfish to boost its phishing defense product portfolio.
Cofense will integrate Cyberfish s phishing protection software that utilizes machine learning with its managed phishing detection and response service.
The companies did not release the financial terms of the completed deal.
StrikeForce Technologies Deal
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A coalition of 41 state attorneys general has reached a settlement with American Medical Collection Agency in the wake of a 2018 data breach that compromised the personal and health data of 21 million individuals and pushed the company to file for bankruptcy.
Under the settlement, Elmsford, New York-based AMCA has agreed to implement data security practices, including developing and implementing an incident response plan, employing a CISO, and hiring a third-party assessor to perform an information security assessment.
As part of the agreement, AMCA may also be liable for a $21 million payment to the states if the company violates the injunctive terms of the agreement. Because of AMCA’s financial condition, however, the payment will be suspended if no violation occurs, the NY attorney general s statement notes.
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