Latest Federal & Government Contracting Companies' News Coverage

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SpyCloud released its 2021 Ransomware Defense Report on Tuesday to provide an insightful analysis of the perceived threat of ransomware attacks and the maturity of cybersecurity defense systems across leading information technology security companies. Despite the increasing frequency and elevated concern of high-profile attacks, like the 2020 SolarWinds breach and the recent Colonial Pipeline ransomware attack, […] More

Vertosoft, the company driving emerging technology growth for the government, announced a new partnership with SpyCloud, the leader in cyber fraud prevention, to protect customers of government digital services from identity theft and other cybercrime. “SpyCloud offers powerful solutions for government agencies to continuously monitor, prevent and investigate online cyberattacks,” said Jay Colavita, founder, and president of Vertosoft.

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SpyCloud has partnered with CyberDefenses to protect against threats in current and future elections, SpyCloud reported on Wednesday. CyberDefenses has provided one in five election jurisdictions across the nation with security services, including Election Security Assessments that evaluate the end-to-end election process, benchmark cyber risk and recommendations to fix gaps that could introduce risk for cyberattacks and election interference. 

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SpyCloud has secured $21M in a round of Series B financing led by Microsoft's M12 venture fund and backed by March Capital Partners, Silverton Partners and Altos Ventures. The company said Wednesday it will use the investment to broaden its research-and-development work on account takeover prevention tools, expand its security research team and sales and marketing organization, increase its international presence and grow its database of recovered assets.

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Department of Defense acquisition officials are close to finalizing a memorandum of understanding with the accreditation body for DoD's Cybersecurity Maturity Model Certification program to define the responsibilities and roles of CMMC auditors, Inside Defense reported Wednesday. The Potomac Officers Club will host its CMMC Forum 2020 on April 2. Click here to register for the event.

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