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AI & Enterprise

Commvault reviews sale options after receiving bids

Data protection and recovery company Commvault is considering a sale after receiving multiple acquisition proposals, Reuters reported on April 14, citing sources. Commvault has hired Goldman Sachs as adviser and is reviewing its options. Private equity firms and strategic investors have shown interest, and Thoma Bravo has made an offer, the report said. Timing and size of bids were not disclosed. Commvault has a market value of about $3.5 billion.

AI & Enterprise

Tech industry steps up alliance as fears grow over AI misuse in hacking

Concerns are growing that cyber attackers could misuse increasingly advanced AI. AI model developers are moving to provide new models on a limited basis to selected companies, including security firms, to help prepare for cyber attacks. Anthropic launched Project Glasswing to let chosen companies use its Claude Mythos Preview for security purposes and said rivals, including OpenAI, could join. OpenAI also plans restricted early access for a security-focused model.

AI & Enterprise

Ransomware attacks spread, spotlight falls on world of ransom negotiators

As ransomware attacks increase, more companies are seeking specialist negotiators who deal directly with hackers. The Financial Times reported growing demand for negotiators at major security firms such as Palo Alto Networks and Sophos. Negotiators aim to buy time, support executive decisions and gather information on attackers, and payment is not always required. Talks can last from 3 days to 3 weeks via dark web portals, email or encrypted messaging.