Cyber Security

5 Top Cybersecurity News Stories of 2018

Cyber Security Investing
Security Investing

2018 was an exciting time for cybersecurity. Relive our five most popular cybersecurity news stories of the year here.

2018 was another big year for cybersecurity news stories. Big names like Facebook (NASDAQ:FB), FIFA, Google (NASDAQ:GOOGL), Uber and British Airways (LSE:BAY) all had major cybersecurity breaches during the year, costing the companies a lot of money — as well as trust.

Overall, it was a revealing year for the industry, with increased emphasis on how imperative it is that organizations and companies take cybersecurity seriously in order to prevent attacks.

Continue reading below to see the five cybersecurity news stories that garnered the most attention on our site this year. If you missed them when they were first published, now’s your chance to catch up.

1. Patriot One Rises on Cisco Partnership

Our most-read story of the year goes to the October news that Patriot One Technologies (TSXV:PAT) would be partnering up with Cisco Systems (NASDAQ:CSCO) to deploy its PATSCAN product.

PATSCAN is a weapons detection software solution, and Cisco was selected to integrate it for security and network solutions. How did the companies’ share prices react upon the news? Click here to find out.

2. Patriot One Technologies to Acquire EhEye

Patriot One Technologies makes another appearance as our second-most-popular cybersecurity news story of the year. This time, the company got readers’ attention with the announcement that it would acquire EhEye, a company that is developing software to detect video threats.

What does Patriot plan to do with this software? As you may have guessed, it’s going to integrate it with its PATSCAN product to form PATSCAN VRS. The company plans to integrate other products into its PATSCAN product lineup through further partnerships. When will PATSCAN VRS begin distribution? Read on for more details.

3. CrowdStrike Raises US$200 Million, Potential IPO on the Way

In third place comes our story on private cybersecurity company CrowdStrike, which raised US$200 million in June, bringing its total valuation to US$3 billion.

Likely knowing that investors would be salivating over these numbers, CrowdStrike tantalized traders with the possibility that it would go public, with CEO George Kurtz telling Reuters the firm was evaluating the option. Continue reading to learn more about this company and where it’s headed.

4. Juniper Networks Added to Cyber Threat Alliance as Affiliate Member

Next is a cybersecurity news story on the Cyber Threat Alliance’s newest member, Juniper Networks (NYSE:JNPR). It’s a firm that offers secure, automated and scaled networks.

Juniper is in good company within this alliance. The group is comprised of 14 members, including Palo Alto Networks (NYSE:PANW), Symantec (NASDAQ:SYMC), Fortinet (NASDAQ:FTNT) and other big names. How will Juniper complement or add to the alliance’s current membership? Find out here.

5.Cyber Attacks in Healthcare up 125 Percent Since 2010, Report Says

Rounding out our five top cybersecurity news stories is an article that came out mid-year about the increase of cyber attacks in healthcare. In a report, Research and Markets found that there were 228 data breaches in the first half of 2017, and that 31 million records were compromised as a result.

Revealing the downside of going digital, healthcare data breaches have resulted in US$6.2 billion losses, and there was a 423-percent increase in breaches in 2017 compared with 2016. On the bright side, the report highlights that the cybersecurity industry is set to grow, and lists which companies investors should be keeping an eye on. Read on to find out more.

Don’t forget to follow us @INN_Technology for real-time news updates!

Securities Disclosure: I, Amanda Kay, hold no direct investment interest in any company mentioned in this article.

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