Palo Alto loses patent suit, identity firms fund, govt hackers

February 4, 2024
1 min read

TLDR:

  • Palo Alto Networks ordered to pay $150 million in patent lawsuit
  • Identity solutions firms Incognia and Oasis Security secure funding

Palo Alto Networks has been ordered by a jury to pay Centripetal Networks $151.5m in a patent lawsuit. Palo Alto Networks plans to seek relief from the court over the decision. Meanwhile, identity solutions firm Incognia has raised $31m in Series B funding to aid its global expansion. The firm develops technology that can help prevent account takeover and fake account creation. Identity management solutions firm Oasis Security has also secured $40m in funding to help organisations automate the lifecycle of non-human identities.

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