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🗣️ Bitsight Buys Cybersixgill for $115M

Bitsight, valued at $2.4B, has acquired dark web threat intelligence firm Cybersixgill for $115M. The Israeli startup specializes in analyzing dark web activity to detect potential breaches, complementing Bitsight's cyber risk management tools. Bitsight plans to invest in Cybersixgill’s AI-driven technology and team to expand its offerings.

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🗣️ Bitsight Buys Cybersixgill for $115M

Bitsight, valued at $2.4B, has acquired dark web threat intelligence firm Cybersixgill for $115M. The Israeli startup specializes in analyzing dark web activity to detect potential breaches, complementing Bitsight's cyber risk management tools. Bitsight plans to invest in Cybersixgill’s AI-driven technology and team to expand its offerings.

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These entities are reportedly operating nine Telegram channels with more than five million subscribers to whom they were making recommendations on selected listed scrips. Such recommendations induced the investors to deal in the said scrips, thereby creating artificial volume and price rise. The perpetrators use various names to carry out the investment scams. They may also impersonate or clone licensed capital market intermediaries by using the names, logos, credentials, websites and other details of the legitimate entities to promote the illegal schemes. Anastasia Vlasova/Getty Images It is unclear who runs the account, although Russia's official Ministry of Foreign Affairs Twitter account promoted the Telegram channel on Saturday and claimed it was operated by "a group of experts & journalists." You may recall that, back when Facebook started changing WhatsApp’s terms of service, a number of news outlets reported on, and even recommended, switching to Telegram. Pavel Durov even said that users should delete WhatsApp “unless you are cool with all of your photos and messages becoming public one day.” But Telegram can’t be described as a more-secure version of WhatsApp.
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