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Rapid7 (NASDAQ: RPD) is the latest cybersecurity vendor to announce layoffs, with the Boston-based firm announcing a restructuring plan late Tuesday that will result in an 18% reduction in employee headcount. In total, approximately 500 employees could be impacted based on the roughly 2,700-person headcount at the end of 2022, with more than 700 people in its Boston headquarters. The company also said in and SEC filing that it would close certain office locations, but…

Resilience Cyber Insurance Solutions has raised $100 million through a Series D funding round to support global expansion of its cyber risk platform that was launched earlier this year. By connecting leaders in finance, risk, and security, the Resilience Solution helps cyberinsurance policyholders to quantify their cyber risk and prioritize their security program based on a return-on-investment (ROI) analysis of their controls. “The increase in ransomware attacks proves that there are longstanding gaps in today’s cybersecurity and cyber…

A cyberattack has disrupted hospital computer systems in several states, forcing some emergency rooms to close and ambulances to be diverted, and many primary care services remained closed on Friday as security experts worked to determine the extent of the problem and resolve it. The “data security incident” began Thursday at facilities operated by Prospect Medical Holdings, which is based in California and has hospitals and clinics there and in Texas, Connecticut, Rhode Island and…

SecurityWeek is publishing a weekly cybersecurity roundup that provides a concise compilation of noteworthy stories that might have slipped under the radar. We provide a valuable summary of stories that may not warrant an entire article, but are nonetheless important for a comprehensive understanding of the cybersecurity landscape. Each week, we will curate and present a collection of noteworthy developments, ranging from the latest vulnerability discoveries and emerging attack techniques to significant policy changes and…