News Analysis: Venture capital investors are pumping millions of dollars into privacy enhancing technology (PET) projects, betting that hardware and software innovation is finally coming together to solve one of the “holy grails” of encryption. Just this month, a handful of ambitious startups — Duality Technologies ($30 million, Series B), Tonic.ai ($35m Series B), and Gretel ..
Tag : NEWS&INDUSTRY
Query.AI, a company that has developed a security investigations platform for enterprises, this week announced raising $15 million in a Series A funding round, which brings the total raised to nearly $20 million. The funding round was led by SYN Ventures, with participation from ClearSky Security and South Dakota Equity Partners. The money will be ..
The Magnitude exploit kit (EK) is now capable of targeting Chromium-based browsers running on Windows systems, security researchers with Avast warn. Exploit kits such as Magnitude are known for expanding their arsenal with new browser or plugin exploits in a timely fashion, but for years they have mainly focused on Microsoft’s Internet Explorer and left ..
South Korea said Friday it’s asked Interpol for help to arrest two foreigners it alleges played a leading role in cyberattacks and large-scale extortion that targeted South Korean and U.S. companies. The Korean Police Agency said it has received domestic arrest warrants and requested Interpol to issue a “red notice” for the two suspects in ..
OpenSea, the world’s largest NFT marketplace, has addressed a security vulnerability that could have allowed hackers to hijack user accounts and empty their crypto wallets with the help of maliciously crafted NFTs (non-fungible tokens). The issue was discovered by security researchers with Check Point, following complaints from OpenSea users of crypto-theft attempts after receiving and ..
An Israeli hospital was targeted Wednesday by a ransomware attack, officials said, with the state’s cyber directorate calling it the first such attack on a hospital in the country. The Hillel Yaffe Medical Center is “currently using alternative systems to treat its patients”, it said in a statement, describing the attack as “totally unexpected”. “Medical ..
At-Bay, the cyber insurance company that aims to reduce ransomware risk, this week announced a $20 million extension to its Series D funding round. In July, the company raised $185 million in Series D financing, at a $1.35 billion valuation. To date, At-Bay has raised a total of $292 million. The new injection of capital ..
A group of hackers claims to have stolen more than 60 gigabytes of data after breaching servers belonging to Taiwanese tech giant Acer. In a post on a publicly accessible hacker forum, a group calling itself “Desorden” claimed to have stolen databases and other files from breached Acer India servers. The hackers shared a link ..
Data privacy compliance startup CYTRIO this week announced its launch with $3.5 million in seed funding from Dreamit Ventures, Food Retail Ventures and Rockwood Group, as well as angel investors. CYTRIO was founded by Vijay Basani (chief executive officer), Pankaj Parekh (chief privacy officer), and Darshan Joshi (chief technology officer), who collectively have 50 years ..
A digital “disaster” in Germany, growing attacks in the United Arab Emirates and even Israel announcing a blitz underway: nations disclosed their struggle Wednesday against cyber-extortionists at a Washington-led anti-ransomware summit. The United States has convened some 30 countries — with the notable exception of Russia — to boost cooperation in fighting the costly and ..
