Siemplify bought out by Google Cloud to bolster security services

Israel

Siemplify, an Israeli cybersecurity start-up, has been bought out by Google’s cloud operation for $500 million (£370m).

The company specialises in end-to-end security services and will be integrated into the Google Cloud platform, and specifically its Chronicle division.

The deal follows Google’s pledge to US President Joe Biden in August 2021 that it would invest $10 billion (£7.38bn) in cybersecurity over the next five years.

Across the industry, tech...

5 January 2022 | Companies

Kronos Cloud hit by ransomware attack and warns of data breach

Security Breach

Kronos Private Cloud, a HR management platform, has suffered a ransomware attack which puts many of its high-profile customers’ data at risk.

Ultimate Kronos Group (UKG), Kronos’ parent company, said the attack will bring down the service for “several weeks” and advised customers to “evaluate and implement alternative business continuity protocols related to the affected UKG solutions”.

UKG became aware of the attack late on Saturday, December 11, due to...

14 December 2021 | Industries