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IBM’s New Report on Data Reveals Costs of Data Breaches, And 3 Essential Steps to...

May 13, 2020

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Healthcare Resource Group, Inc. Provides Notice of a Data Breach for Additional Covered Entity

May 12, 2020

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Cyber Security Professionals are Not Able to Keep up With Breach Alerts

May 11, 2020

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Six Common Customer Experience Failures while Handling GDPR

May 8, 2020

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Cloud Security Risks – Global Concern amid COVID-19

May 8, 2020

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Three Ps Indicating Alarming Security Challenges During the Digital Transformation Journeys

May 4, 2020

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Malware – Available to Cybercriminals in the Dark Web for Purchase With Bitcoins

April 30, 2020

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Enterprises Should Focus on Data Privacy and Data Intelligence

April 29, 2020

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Firms Fail to Realize the Real Valuable Assets – the Cybersecurity Breach Survivors

April 28, 2020

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Data Breach – Adversely Impacting Both Organizations and IT Employees

April 27, 2020

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CSI Includes IT Governance To Advisory Services Offering As Cybersecurity, Regulatory Landscapes Grow In Complexity

CSI Includes IT Governance To Advisory Services Offering As Cybersecurity, Regulatory Landscapes Grow In Complexity

April 30, 2023

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September 19, 2022

Reassessing DevSecOps in the Face of Rising High-Profile Security Breaches

October 13, 2022

Leidos, a FORTUNE® 500 science and technology leader, announced that it has completed the acquisition of L3Harris Technologies’ (“L3Harris”) Security Detection and Automation businesses, for approximately $1 billion in cash. The transaction was previously announced on Feb. 4, 2020. COVID-19 and Its Effect on Tech Startups The acquired businesses provide airport and critical infrastructure screening products, automated tray return systems, and other industrial automation products. They will operate within the Leidos Civil Group, led by Jim Moos, Civil Group president. Combined with Leidos’ existing cargo and baggage screening product lines, Leidos now goes to market with a global security detection and automation footprint of more than 24,000 systems deployed in more than 120 countries. Leidos will continue to serve global customers in the aviation, transportation, government, and critical infrastructure markets. “In line with our mission of making the world safer, healthier, and more efficient, this security detection and automation acquisition further our important work in the secure movement of people and commerce globally,” said Leidos Chairman and CEO Roger Krone. “We are excited to support critical infrastructure wherever it is needed, and to help transform the global security marketplace.” “This deal expands our scope and scale in securing ports and borders, enhancing passenger movement in airports of the future, and fortifying infrastructure for national security and public venues,” said Moos. “We are pleased to welcome more than 1,200 L3Harris employees around the world to the Leidos team, who share our deep commitment of providing our customers with a fully-integrated security technology ecosystem.” Cloud Preparedness and Potential Risk Insights is the Key to Successful Migration Compelling Strategic and Operational Benefits Expands Product Portfolio in High-Growth, Global Security Market: The closing of this acquisition creates a comprehensive and cohesive security detection platform by adding technologies including checkpoint CT scanners, people scanners, explosives trace detectors, checked baggage screeners, and automated tray return systems (ATRS) to Leidos’ security detection portfolio. The combined solutions enhance the company’s offerings in an evolving global security product market, which allows diversification beyond the federal budget and positions the company for long-term growth. Increased International Presence Diversifies Revenue: This business expands customer penetration across aviation, ports, borders, and critical infrastructure internationally and increases Leidos’ international security product revenue more than six-fold. The deal brings Leidos products into 75 additional countries. Growth and Innovation Accelerated by Scale: The integration of these new businesses into a comprehensive portfolio enables Leidos to leverage its core technical strengths, in-depth biometrics capabilities, and global sales channels to rapidly develop and deliver new solutions. Technology investments across the combined portfolio will help accelerate innovation to address emerging and evolving threats and improve service efficiency for customers.

Leidos Completes Acquisition of L3Harris Technologies’ Security Detection and Automation Businesses Creating a Comprehensive, Global...

May 5, 2020

Stravito Launches Bug Bounty Program to Continuously Optimize Information Security

October 18, 2022