Security – SiliconANGLE

Cyber insurance provider Cowbell reels in $60M to grow its product portfolio

Maria Deutscher — Fri, 26 Jul 2024 21:46:14 +0000

Cowbell Cyber Inc., a startup that insures businesses against cyberattack-related losses, has raised $60 million in a Series C funding. The company announced the investment today. It disclosed that the capital was provided by Zurich Insurance Group Ltd., one of the world’s largest insurers. The cash infusion brings Cowbell’s total outside funding to $202 million. […]

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US grand jury indicts North Korean hacker for role in Andariel cyberattacks

Maria Deutscher — Fri, 26 Jul 2024 19:23:37 +0000

A Kansas City grand jury has indicated a North Korean hacker for participating in a cyberattack campaign that targeted the U.S. Air Force, NASA and other organizations. The Justice Department announced the development on Thursday. The indicted hacker, Rim Jong Hyok, is believed to be working for North Korea’s Reconnaissance General Bureau, a military intelligence […]

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Veeam’s latest ransomware report reveals industry-wide challenges and solutions

Sead Fadilpasic — Fri, 26 Jul 2024 16:50:47 +0000

Ransomware prevention has rapidly become a top priority in cybersecurity due to the increasing sophistication and frequency of cyber threats. As these threats become more advanced and widespread, businesses are struggling to protect data. Maintaining operations has become increasingly challenging in the face of these escalating risks, according to Dave Russell (pictured, left), senior vice president, […]

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SonicWall’s ‘2024 Mid-Year Cyber Threat Report’ reveals alarming trends in cybersecurity landscape

Kristen Nicole — Thu, 25 Jul 2024 22:24:08 +0000

A recent analysis of SonicWall’s “2024 Mid-Year Cyber Threat Report” paints a concerning picture of the current cybersecurity environment, with significant increases in attack frequency, malware variants and potential financial impacts for businesses. Shelly Kramer, managing director and principal analyst at SecurityANGLE, discussed the report’s findings with Douglas McKee, executive director of threat research at […]

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Chainguard nabs $140M to secure enterprise applications’ open-source components

Maria Deutscher — Thu, 25 Jul 2024 20:57:21 +0000

Less than a year after closing its last funding round, Chainguard Inc. today disclosed that it has raised another $140 million to support its sales growth. Redpoint Ventures, Lightspeed Venture Partners and IVP jointly led the investment. The round, a Series C raise, also included Sequoia Capital and several other returning backers. Chainguard is now […]

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Odaseva answers data compliance woes with no-view security

Devony Hof — Thu, 25 Jul 2024 19:42:16 +0000

Cybersecurity has undergone a massive transformation over the past decades, with more experts now advocating for zero-trust and no-view security solutions. Odaseva Technologies SAS, which evolved out of Salesforce Inc., looks to be the no-view security provider for large enterprises trying to maintain data compliance. The company recently secured a $54 million Series C round […]

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Cisco Talos: Business email compromise and ransomware topped threats in second quarter

Duncan Riley — Thu, 25 Jul 2024 10:00:46 +0000

A new report out today from Cisco Talos finds that business email compromise and ransomware were the top threats in the second quarter of 2024, with technology companies becoming the most targeted sector. The Cisco Talos Incident Response Trends Q2 2024 (April-June) report, based on incident response engagements undertaken by Cisco Talos, found that BEC […]

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Stolen internal documents from Pentagon contractor Leidos leaked online

Duncan Riley — Wed, 24 Jul 2024 23:51:23 +0000

Hackers have reportedly leaked stolen internal documents from Leidos Holdings Inc., one of the largest information technology services providers to the U.S. government and notably a Pentagon contractor. Bloomberg, referencing a person familiar with the matter, claims that Leidos recently learned of the issue and believes that the documents were stolen as part of a […]

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Unified security remediation platform startup Dazz raises $50M to enhance capabilities

Duncan Riley — Wed, 24 Jul 2024 23:15:49 +0000

Unified security remediation platform startup Dazz Inc. today announced that it has raised $50 million in new funding to fuel its mission to help security and engineering teams efficiently reduce exposures. Founded and launched in 2021 by co-founders who included two former Microsoft Corp. security executives, Dazz offers a cloud security platform that helps security […]

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What to expect at Black Hat USA: Join theCUBE Aug. 6-7

Victor Dabrinze — Wed, 24 Jul 2024 22:03:52 +0000

“Security is always excessive until it’s not enough.” In today’s at-risk computing landscape, those words from cybersecurity and risk management expert Robbie Sinclair succinctly describe current AI cyber threats. As enterprise cybersecurity and resilience advancements compete with increasingly capable attackers and expanding threat vectors, the urgency for resilient and adaptive security measures has never been […]

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Check Point Software appoints Nadav Zafrir new CEO after earnings beat

Maria Deutscher — Wed, 24 Jul 2024 21:02:26 +0000

Check Point Software Technologies Ltd. today appointed venture capitalist Nadav Zafrir as its new chief executive officer. The cybersecurity provider announced the leadership change in conjunction with the release of its quarterly financial results. For the three months ended June 30, Check Point delivered revenue and adjusted earnings that both topped the consensus estimate. The […]

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CrowdStrike reveals cause of faulty update that led to Windows crashes

Maria Deutscher — Wed, 24 Jul 2024 18:57:03 +0000

CrowdStrike Holdings Inc. has shared new details about the faulty update that it rolled out to its Falcon cybersecurity platform last week. In a preliminary incident report released today, the company revealed that the update caused a type of error known as an out-of-bounds memory read. That error, in turn, crashed the Windows devices on […]

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AI-powered cloud risk resolution startup ZEST Security launches with $5M in funding

Duncan Riley — Wed, 24 Jul 2024 12:00:12 +0000

Artificial intelligence-powered cloud risk resolution platform startup ZEST Security Inc. today launched with $5 million in funding to develop and scale up its platform. The company was founded by Snir Ben Shimol and Uri Aronovici (pictured), both former Israeli Defense Forced Intelligence officers with experience at companies including Akamai Technologies Inc. and Varonis Systems Inc. […]

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Compliance automation and trust management startup Vanta raises $150M

Mike Wheatley — Wed, 24 Jul 2024 12:00:06 +0000

Cybersecurity compliance startup Vanta Inc. said today it has closed on a $150 million round of funding, cementing its status as a leader in the emerging “trust management” sector. Today’s Series C round was led by Sequoia Capital and saw the involvement of new investors Goldman Sachs Ventures and J.P. Morgan, plus returning investors Atlassian […]

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NetRise study warns that network equipment vulnerabilities far exceed previous estimates

Duncan Riley — Wed, 24 Jul 2024 10:00:56 +0000

A new study released today by cybersecurity firm NetRise Inc. warns that vulnerability risks associated with network equipment are far greater than previously understood. NetRise’s third-quarter supply chain visibility and risk study for network equipment, based on the analysis of more than 100 different networking equipment devices, found that traditional network-based vulnerability scanners significantly underreport the […]

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New PlugX RAT campaign distributed through USB drives targets Steam users

Duncan Riley — Wed, 24 Jul 2024 10:00:42 +0000

Researchers from security operations company Ontinue AG today are warning of a new PlugX Remote Access Trojan campaign that is targeting Steam users. PlugX is a RAT malware family that has been around since 2008 and is used as a backdoor to control a victim’s machine. Once an infection takes place, a hacker can remotely execute […]

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Wiz reportedly ends $23B acquisition talks with Google

Maria Deutscher — Tue, 23 Jul 2024 18:59:43 +0000

Wiz Inc. has reportedly ended discussions with Google LLC about an acquisition that could have valued the cybersecurity startup at $23 billion. The Wall Street Journal and CNBC reported the development today, citing an internal Wiz memo. Chief Executive Officer Assaf Rappaport (pictured, second from left) wrote in the note that “saying no to such […]

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New Secure Code Warrior agent enhances secure-by-design approach for application security teams

Duncan Riley — Tue, 23 Jul 2024 12:00:41 +0000

Agile learning platform startup Secure Code Warrior Ltd. today introduced a new solution that aims to give security leaders visibility into their organizations’ software security posture. Called SCW Trust Agent, the new solution assesses the specific security competencies of developers for every code commit. The solution also allows chief information security officers and application security teams […]

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New Nozomi Networks security sensor provides extended visibility into industrial control systems

Duncan Riley — Tue, 23 Jul 2024 12:00:36 +0000

Industrial cybersecurity firm Nozomi Networks Inc. today announced a new security offering for industrial control systems and field assets that provides extended, real-time visibility into internal systems. Called Arc Embedded, the new security sensor runs embedded in Mitsubishi Electric programmable logic controllers and is claimed to be an industry first. The service allows security and operations teams […]

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Now-patched Telegram for Android vulnerability exposed users to malicious videos

Duncan Riley — Mon, 22 Jul 2024 22:29:32 +0000

Researchers at ESET s.r.o. today shared details of a now-patched vulnerability that was being used to target Telegram for Android users via malicious videos. The exploit, dubbed “EvilVideo,” could have allowed attackers to share malicious Android payloads via Telegram channels, groups and chats, with the malicious files presenting as multimedia, particularly video files, to users. The […]

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Linx Security raises $33M for its identity security platform

Maria Deutscher — Mon, 22 Jul 2024 19:10:20 +0000

Linx Security Inc., a startup that helps enterprises secure their employees’ application accounts, launched today with $33 million in funding. The Tel Aviv-based company raised the capital over two rounds. The initial $6 million raise was led by Cyberstarts, which later returned to co-lead a $27 million investment in Linx together with Index Ventures. Cerca […]

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Heeler Security raises $8.5M to advance real-time application security platform

Duncan Riley — Mon, 22 Jul 2024 11:00:36 +0000

Application security startup Heeler Security Inc. today announced that it has raised $8.5 million in new funding to enhance its real-time application security platform to improve detection, posture management and response orchestration throughout the software development lifecycle. Launched in June 2023, Heeler’s offering seeks to address the issue wherein the growing complexity of modern applications […]

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Microsoft reveals 8.5M Windows computers were affected by CrowdStrike outage

Duncan Riley — Sun, 21 Jul 2024 22:21:12 +0000

Microsoft Corp. has revealed that an estimated 8.5 million computers running Windows were affected by a CrowdStrike Holdings Inc. update that caused widespread global outages on Friday, as both companies continue to assist affected customers. The disruption caused by an update to CrowdStrike’s Falcon security software spread globally throughout Friday, taking banks, airlines, government services and […]

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CrowdStrike incident sounds an alarm on critical infrastructure

Dave Vellante — Sat, 20 Jul 2024 20:14:04 +0000

The chaos caused by yesterday’s content update by CrowdStrike Holdings Inc. shows that even the most successful cybersecurity firms with great management, award-winning products and a growing business, are exposed to unexpected events. What’s even more important is that it underscores the fragility of our connected world and the critical infrastructure that makes it run. […]

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Faulty CrowdStrike update causes one of the largest-ever IT outages

Maria Deutscher — Fri, 19 Jul 2024 19:08:03 +0000

A faulty software update from CrowdStrike Holdings Inc., a major cybersecurity provider, has disrupted the operations of hospitals, financial institutions and numerous other organizations around the world. The incident has been described as one of the largest-ever information technology outages. Experts are warning that some companies could take days to recover their systems fully. CrowdStrike […]

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Protect AI warns of increasing security risks in open-source AI and ML tools

Duncan Riley — Thu, 18 Jul 2024 13:00:20 +0000

A new report released today by Protect AI Inc. is sounding an alarm over increasing security vulnerabilities in popular open-source artificial intelligence and machine learning tools, with 20 critical flaws found across various large language models. Found through Protect AI’s AI/ML “huntr” bug bounty program, which has over 15,000 community members, the vulnerabilities include significant […]

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15M email addresses stolen from Atlassian’s Trello shared on hacking forum

Duncan Riley — Wed, 17 Jul 2024 22:54:07 +0000

Atlassian Corp.-owned list-making application Trello has suffered a data breach with names and emails of over 15 million users shared on BreachForums. Bleeping Computer reports that the data related to a breach that first came to light in January when a threat actor known as “emo” first offered the Trello user profiles for sale. While […]

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Neovera acquires Emagined Security to strengthen cybersecurity services

Duncan Riley — Wed, 17 Jul 2024 13:00:00 +0000

Managed information technology service provider Neovera Inc. announced today that it has acquired cybersecurity solutions provider Emagined Security Inc. for an undisclosed sum. Founded in 2002, Emagined Security offers a range of services focused on safeguarding organizations from cyberthreats. The company’s offerings include risk assessments, which help identify and mitigate potential vulnerabilities and penetration testing, which […]

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Enhanced R&D and service in focus as Exabeam and LogRhythm finalize merger

Duncan Riley — Wed, 17 Jul 2024 11:00:44 +0000

Security intelligence and event management solutions startup Exabeam Inc. and security intelligence firm LogRhythm Inc. today announced that they have completed their merger to create a new artificial intelligence-driven security platform company. The merger, announced in May, was pitched as allowing customers from both companies to benefit from enhanced research and development investments and product innovation, greater service and support […]

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Kandji raises $100M on $850M valuation to enhance Apple endpoint management solutions

Duncan Riley — Wed, 17 Jul 2024 11:00:29 +0000

Apple endpoint management and security platform company Kandji Inc. today announced that it has raised $100 million in new funding on a $850 million valuation to support product innovation and engineering, enabling it to bring further advancements to its management and security of enterprise Apple devices. Founded in 2018, Kandji offers a unified device management […]

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