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How AI and cybersecurity are reshaping ServiceNow

Analysis argues ServiceNow's $7.75B Armis acquisition and AI-driven consumption pricing are reshaping its ITSM platform amid SaaS market anxiety.

CSO Online examines how AI agents, vibe-coding fears, and a reported 30% share price drop are pressuring ITSM leader ServiceNow, and how the company is pivoting toward consumption-based revenue and cybersecurity. The piece highlights ServiceNow's $7.75 billion cash acquisition of Armis, priced at roughly 23 times the vendor's $340 million annual revenue, as a strategic move to supercharge ITSM workflows with accurate device inventory and orchestration rather than to sell a standalone security product. Experts note this ends Armis's vendor-neutral position, introduces the CISO as a new buyer, and will likely lead to aggressive Armis bundling at contract renewals.

CSO Online · 6d agoIndustry

Retail theft bill spurs ‘very large and very dangerous’ surveillance fears

The Combating Organized Retail Crime Act advances toward Senate attachment to the defense bill, drawing ACLU warnings of expanded ICE surveillance powers.

The Combating Organized Retail Crime Act (CORCA) passed the House 348-60 in June, and Senate supporters including Chuck Grassley are pushing to attach it to the annual defense policy bill. The bill would create an Organized Retail and Supply Chain Crime Coordination Center within ICE's Homeland Security Investigations, add criminal penalties for laundering stolen-goods proceeds with a $5,000 charging threshold, and broaden data sharing with retailers. The ACLU, NAACP LDF, and allied groups warn the vaguely drafted provisions would effectively grant DHS access to retail surveillance feeds such as cameras and license plate readers, while industry backers say it only enhances existing information sharing and could help fight cyber-enabled crime.

CyberScoop · 27d agoPolicy & legal1

Eight years later, federal authorities re-up charges against alleged Iranian hackers at Mabna Institute

US prosecutors unsealed a superseding indictment charging 17 Iranians in the Mabna Institute's state-sponsored theft of 31.5 terabytes from universities and companies.

The superseding indictment unsealed in the Southern District of New York charges 17 people affiliated with Tehran's Mabna Institute, adding eight defendants to the 2018 indictment of nine. The institute allegedly compromised over 100,000 professor email accounts worldwide, including 8,000 accounts at 144 US universities, and stole at least 31.5 terabytes of academic journals, dissertations, and e-books. US universities spent approximately $3.4 billion procuring the stolen data, and victims also included at least five federal and state agencies, 42 US companies, and 11 foreign companies including HBO. The State Department's Rewards for Justice program is offering up to $10 million for information on four of the defendants.

CyberScoop · 29d agoPolicy & legal