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Led by cloud, cyber funding dollars flowed like water in 2020


Led by cloud, cyber funding dollars flowed like water in 2020
Co-founder and CEO at Cloudflare Matthew Prince shares the stage with venture capital leaders at TechCrunch Disrupt Berlin 2019. Cloud is among the factors influencing massive investments in the cybersecurity space during 2020. (Photo by Noam Galai/Getty Images for TechCrunch)
Early fears about the coronavirus and the economic impact of business shutdowns appear to have had little impact on the flow of venture capital investment, at least in the cybersecurity industry.
A new report by Crunchbase found that 2020 was a great year for cybersecurity startups, even as it was perhaps less than a banner one for the rest of the world. According to the findings, 2020 brought with it record levels of investment, with a combined $7.8 billion poured into cybersecurity startups compared to $7.6 billion last year. That’s nowhere near the more than $2 billion jump between 2018 and 2019, but it indicates that a ....

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Bloomberg's Supermicro Follow-Up: Still No Chip


Supermicro s headquarters in San Jose, California
It was portrayed as a sensational supply chain hack: China subverted motherboards made by San Jose, California-based Supermicro, installing spying chips the size of rice grains and opening a door to remote espionage.
But Bloomberg Businessweek s story, which ran on Oct. 4, 2018, generated immediate skepticism. Technical experts said the story didn t ring true. Apple and Amazon issued unusually stern rebuttals after Bloomberg said the companies independently found the spying chips. And the U.S. National Security Agency, in a truly uncharacteristic response, said it was befuddled by the Bloomberg Businessweek report (see:
The follow-up is an inadequate and insincere way to deal with what has been a reputational disaster for Bloomberg.  ....

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