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Britain’s postal service said it was hit Wednesday by a “cyber incident” that is temporarily preventing it from sending letters or parcels to other countries. Royal Mail reported on its website that international export services were “experiencing severe service disruption” without providing further details. “We are temporarily unable to dispatch items to overseas destinations,” the service said, adding that it recommended customers hold on to mail destined for outside the country while it works on…

XDR’s fully loaded value to threat detection, investigation and response will only be realized when it is viewed as an architecture According to 451 Research’s M&A Knowledgebase, cybersecurity M&A activity in 2021 reached an all-time high total deal value of $74.1 billion. Contributing to that growth, extended detection and response (XDR) went from zero to 28 deals in 19 months and is expected to drive continued M&A activity, with good reason. Extending its research into…

Secure access service edge (SASE) provider Netskope on Thursday announced that it has raised $401 million in an oversubscribed financing round. To date, the company has raised close to $1.5 billion. The new investment round was led by Morgan Stanley Tactical Value, with participation from CPP Investments, Goldman Sachs Asset Management, and Ontario Teachers’ Pension Plan. Founded in 2012, the Santa Clara, California-based Netskope offers a converged SASE platform that provides optimized access and zero…

The SecurityWeek editorial team huddled over the holidays to look back at the stories that shaped 2022 and, more importantly, to stare into a shiny crystal ball to find the cybersecurity narratives that will dominate this year’s headlines. For the most part, not much will change. Organizations large and small will continue to acknowledge major data breaches, zero-days and ransomware crises will spread to new targets and a skills shortage in an uncertain economy will…

US social media giant Meta was slapped Wednesday with fines totaling 390 million euros ($413 million) for breaching EU personal data laws on Facebook and Instagram, Ireland’s data regulator said. Meta and other US Big Tech firms have been hit by huge fines over their business practices in the European Union in recent years and the bloc has also tightened online regulation. The Irish Data Protection Commission said in a statement that Meta breached “its…

Security researcher Matt Kunze says Google paid him a $107,500 bug bounty reward for responsibly reporting vulnerabilities in the Google Home Mini smart speaker. The issues, the researcher says, could have been exploited by an attacker within wireless proximity to create a rogue account on the device and then perform various actions. According to Kunze, the attacker could use the account to send remote commands to the device, over the internet, to access the microphone,…