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Darktrace in first acquisition since takeover as cloud security threats rise

Summary by City AM
Darktrace has announced its first acquisition since its recent takeover by Thoma Bravo in October, as it focuses on bolstering cloud security amid rising threats to cloud based operations. The acquisition of the UK-based cyber provider Cado security comes as businesses are increasingly shifting operations to cloud-based systems, creating an urgent need for advanced cloud security. This urgency has been reflected by an estimated 24 per cent incre…
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