Deep dive into global cyber security arms race at Arctic Wolf stakeholders’ briefing

In terms of the agreement, BlackBerry will sell its Cylance assets to Arctic Wolf for $160 million of cash, subject to certain adjustments, and about 5.5 million common shares of Arctic Wolf.

The new standards require financial institutions to implement comprehensive cyber security frameworks, policies and governance practices to secure their operations.

According to Arctic Wolf's Security Operations Report, most cyber attacks occur outside of office hours and exploit known vulnerabilities.