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CYBER THOUGHTS NEWSLETTER
MARCH 2022
The war in Ukraine continues, but the prophesied cyberattacks have not come. Different theories are floating around, including they are forthcoming and that Russia is afraid of US retaliation if they engage. It’s an area to keep an eye on for sure.
Valuations in the startup market have begun to see some cooling in Q1, though it will take time for the corrections in the public markets to work their way through the system. With that said, the market still seems quite robust, with deals being done at all levels, but most investors are more price-conscious than they were in December.
Below are a few of the articles that caught our attention this month. Moreover, we’ve inserted one or two sentences in italics, summarizing each article’s importance. We hope you enjoy and appreciate the material.
WHAT WE'RE READING
Here's a curated list of things we found interesting.
The U.S. warns companies to stay on guard for possible Russian cyberattacks
While the US has seen increased activity the tsunami of attacks that experts predicted have not come. We will be watching closely since attacks against a NATO country could invoke Article 5, drawing all NATO allies into the conflict.
The White House is warning companies that Russia could be planning to launch cyberattacks against critical U.S. infrastructure. The U.S. has previously warned about the Russian government's capabilities to digitally attack U.S. companies, but President Biden reiterated the message on Monday, saying in a statement that "evolving intelligence" showed Russia is "exploring options for potential cyberattacks."
Machine Learning Reimagines the Building Blocks of Computing | Quanta Magazine
Machine Learning is now being used to improve algorithms, fundamental logic that pervade computer programs. Algorithms - the chunks of code that allow programs to sort, filter and combine data, among other things - are the standard tools of modern computing. Like tiny gears inside a watch, algorithms execute well-defined tasks within more complicated programs. They're ubiquitous, and in part because of this, they've been painstakingly optimized over time.
TRANSACTIONS
Deals that caught our eye.
Google to Buy Cybersecurity Firm Mandiant in $5.4 Billion Deal
Google said it reached a deal to buy cybersecurity company Mandiant Inc. for nearly $5.4 billion, aiming to bolster its cloud unit with more cybersecurity offerings at a time when businesses have seen a wave of attacks on their systems. The deal is the second-largest in history for the Alphabet Inc.
SentinelOne agreed to acquire Attivo Networks in a $616.5MM deal
SentinelOne Adds Leading Identity Threat Detection and Response (ITDR) Technology for Enterprise Zero Trust Adoption Expands SentinelOne's total addressable market by $4 billion in the fast-growing, critical identity security category Extends Singularity XDR capabilities to identity-based threats across endpoint, cloud workloads, IoT devices, mobile, and data wherever it resides Highly differentiated identity security platform with…
PODCASTS
With Steve on a break from hosting his show until next season, here is a podcast we found to be excellent that we think you'll like.
Dirty Coms - Darknet Diaries
This is an amazing inside peek into the world of teenage hackers and how they steal money. This episode we talk with a guy named Drew who gives us a rare peek into what some of the young hackers are up to today. From listening to Drew, we can see that times are changing for the motive behind hacking. In the '90s and '00s it was done for fun and curiosity.
ABOUT LYTICAL
Lytical Ventures is a New York City-based venture firm investing in Enterprise Intelligence, comprising cybersecurity, data analytics, and artificial intelligence. Lytical’s professionals have decades of experience in direct investing generally and in Corporate Intelligence specifically.