Tag: category-/Computers & Electronics/Computer Security

EvilQuest Mac ransomware impersonates Google, Apple OS processes

Viruses are uncommon enough on Apple’s platforms that users generally don’t worry about them, but security researchers this week discovered a rarity — Mac ransomware that’s both spreading in the wild and potentially dangerous because of the way it hides on an infected machine. Disclosed by Dinest Devadoss, Patrick Wardle, and Malwarebytes’ Thomas Reed, the […]

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Researcher reveals Mac privacy bug, blasts Apple for ‘security theater’

When Apple announced its Security Bounty Program last year, researchers lined up to locate potentially dangerous bugs in the company’s platforms, keeping them secret in exchange for potentially large payouts. But after developer Jeff Johnson told Apple about a zero-day exploit that gives malicious actors access to a Safari browser user’s private files — an issue affecting […]

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Area 1 Security raises $25 million for AI tools to protect against phishing

Area 1 Security, a cybersecurity company offering AI-driven protections against phishing attacks, today announced it raised $25 million. A spokesperson said the funding will accelerate R&D and the expansion of Area 1’s go-to-market resources with a particular focus on an “aggressive multi-tier channel strategy,” after a sixth-month period during which the startup claims to have […]

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Google removes malicious browser add-ons from Chrome Web Store after 32 million downloads

(Reuters) — A newly discovered spyware effort attacked users through 32 million downloads of extensions to Google’s market-leading Chrome web browser, researchers at Awake Security told Reuters, highlighting the tech industry’s failure to protect browsers as they are used more for email, payroll and other sensitive functions. Alphabet’s Google said it removed more than 70 […]

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Kasada raises $10 million to fight content scraping and other cyberthreats

Web traffic security solution and services provider Kasada today announced a $10 million round. It will use the funds to fuel growth within the U.S. and new product development, according to a spokesperson. Protecting companies against cyberthreats — from login attacks to data-scraping across web, mobile, and API channels — is a constant battle. Over […]

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Inky raises $20 million to prevent phishing attacks with AI ‘fence’

Inky, a cybersecurity company developing products designed to protect against phishing, today announced it raised $20 million. The startup says it’ll use the infusion to accelerate enterprise adoption, global expansion, and R&D. In conjunction with this, Inky intends to expand its geographic footprint across Europe, Asia, and Latin America through a strategic buildout of its […]

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Vesta raises $125 million to fight payment fraud with AI

Payments solutions provider Vesta today announced that it raised $125 million in capital, bringing its total raised to over $145 million. The company says it’ll use the financing to grow and accelerate the deployment of its fraud protection and ecommerce payment products. Payment fraud is pervasive — in 2018, $24.26 billion was lost due to […]

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CapitalG leads $50 million investment in managed cybersecurity provider Expel

Expel, a managed security service (MSS) provider that companies outsource their cybersecurity to, has raised $50 million in a series D round of funding led by Alphabet’s CapitalG. The raise comes amid reports that cyberattacks have surged a third or more during the COVID-19 crisis, with bad actors capitalizing on increased remote working from insecure […]

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Altr raises $15 million to broaden data-security-as-a-service

Altr has raised $15 million to broaden its business of providing data-security-as-a-service in the era of cloud technology. The Austin, Texas-based company has created a data security solution that lets organizations monitor, access, and store critical information. “We’ve made tons of progress,” said CEO David Sikora, in an interview with VentureBeat. “We’ve got great customer traction. […]

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3 common pandemic scams highlighted by domain name analysis

While coronavirus lockdowns may be slowly starting to unwind, the attempts to use the pandemic to scam people continues to gain steam. According to an analysis of coronavirus-related domain names by cybersecurity firm Cujo.AI, these scams fall into three general categories: fake products, financial fraud, and impersonating health organizations. The findings are the latest reminder […]

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Dtex raises $17.5 million to detect cyberthreats with AI while preserving privacy

Dtex, a provider of enterprise cybersecurity threat remediation solutions, today announced that it has raised $17.5 million. The proceeds will be used to expand into new and existing verticals, including banking and financial services, critical infrastructure, government, defense, pharmaceuticals, life sciences, and manufacturing. Dtex differentiates itself in the multi-billion-dollar threat intelligence market with a GDPR-compliant […]

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BlackCloak: Credentials for 68% of top pharma executives are available on the dark web

The security credentials for executives with access to sensitive pharmaceutical research and financial information are readily available on the dark web, a reminder of the massive vulnerabilities facing critical industries despite years of security investment. In a new report, cybersecurity startup BlackCloak found that 68% of the top executives from 30 leading pharmaceutical companies have […]

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Resistant AI raises $2.75 million to protect algorithms from adversarial attacks

Resistant AI has raised $2.75 million in venture capital to develop an artificial intelligence system that protects algorithms from automated attacks. Index Ventures and Credo Ventures led the investment, which included participation by Seedcamp, UiPath CEO Daniel Dines, and Avast CTO Michal Pechoucek. The Prague-based company focuses on the growing problem of hackers harnessing AI […]

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Rapid7 acquires cloud infrastructure automation platform DivvyCloud for $145 million

Security data and analytics solutions provider Rapid7 today announced its intent to acquire DivvyCloud, a startup developing a cloud infrastructure automation platform, for approximately $145 million in cash and stock. The companies expect the deal to close during Q2 2020, subject to approval and closing conditions. The acquisition — which comes two years after Rapid7’s initial public […]

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Randori raises $20 million to spot cyberattacks with AI

Cybersecurity startup Randori today announced that it secured $20 million in equity financing, bringing the startup’s total raised to $29.75 million. The infusion of capital comes after a year during which attacks on internet of things devices tripled, and during which the number of malicious payloads on the web hit 24.6 billion — up 14% […]

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Gmail is blocking 18 million malicious coronavirus emails a day

Google has said that it intercepted 18 million malware and phishing emails related to COVID-19 each day in the past week, representing nearly 20% of the total number of phishing Gmail messages blocks daily. And this doesn’t include the 240 million coronavirus-related spam messages that its automated systems have filtered out every day. In the […]

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AI spots critical Microsoft security bugs 97% of the time

Microsoft claims to have developed a system that correctly distinguishes between security and non-security software bugs 99% of the time, and that accurately identifies critical, high-priority security bugs on average 97% of the time. In the coming months, it plans to open-source the methodology on GitHub, along with example models and other resources. The work […]

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Awake Security raises $36 million for AI that identifies network threats

Awake Security, a cybersecurity platform that analyzes network traffic to identify and assess internal and external threats, has raised $36 million in a series C round of funding led by Evolution Equity Partners. The fresh cash injection comes amid a heightened threat landscape, with cybersecurity officials warning that state-backed hackers and online criminals are taking advantage […]

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Unit 42: Phishing attacks are thriving during the pandemic

Evidently the COVID-19 pandemic isn’t slowing down cyberthieves. According to a report by Palo Alto Networks’ Unit 42 security team, phishing attacks are thriving during the coronavirus pandemic. Cyberattackers are hitting government bodies and medical organizations using traditional phishing attacks, where thieves use emails to tempt people to click on links that can compromise their […]

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Bug bounty platform Bugcrowd raises $30 million

Bug bounty platform Bugcrowd has raised $30 million in a series D round of funding led by Rally Ventures. The announcement comes as the cybersecurity industry struggles with a growing skills gap, compounded by a rising number of cyberattacks that could cost the industry $6 trillion by 2021. This figure may rise even further if the […]

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Cybersecurity officials say state-backed hackers taking advantage of pandemic

(Reuters) — American and British cybersecurity officials are warning that state-backed hackers and online criminals are taking advantage of the coronavirus outbreak to further their operations, echoing concerns from digital safety experts. A joint advisory published on Wednesday by the U.S. Cybersecurity and Infrastructure Agency and Britain’s National Cyber Security Centre said that while the […]

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Box bolsters cloud security with automated malware detection

Cloud giant Box is adding automated malware detection to Box Shield, the company’s machine learning-based security platform that prevents data leaks and detects threats. This fits into a broader trend that has seen automation increasingly infiltrate the cybersecurity realm, but it also comes as more people are working from home and at greater risk of […]

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CyberMDX raises $20 million to protect connected medical devices with AI

CyberMDX, a provider of cybersecurity solutions tailored to health care systems, today revealed that it raised $20 million in funding. CEO Amir Magner said it’ll enable the company to bolster its platform and R&D to assist hospital IT, information security, and biomedical teams in securing and managing medical devices. “We passionately believe in the significance […]

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IntSights: The dark web is a wretched hive of coronavirus scams and pandemic cybercrime

Dark web players have seized on the chaos caused by the coronavirus pandemic to cultivate a vast range of scams that target everyone from vulnerable consumers to unprepared medical facilities. According to a new report from global threat intelligence firm IntSights, a mixture of cybercriminals and state-sponsored actors are exploiting the confusion and fear around […]

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“Human-layer” cybersecurity and AI thwart data breaches (VB Live)

Presented by Tessian, Inc. Data breaches are at an all-time high, because traditional cybersecurity methods just can’t predict human behavior. Learn how stateful machine learning delivers a robust, people-centric approach to cybersecurity when you access this free VB Live event! Access on demand here! Over the past decade companies have been boosting their cybersecurity budgets […]

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Arkose Labs raises $22 million to automatically detect online fraud

Arkose Labs, which is developing a platform that detects and mitigates online fraud, today announced that it has raised $22 million. CEO and founder Kevin Gosschalk said the capital would be used to hire employees and further develop the startup’s platform, which protects consumers from account takeover, fake account abuse, scraping, spam, gift card abuse, […]

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4 reasons you should be moving toward zero-trust security

Presented by Nutanix Virtual machines and cloud computing are quickly eliminating traditional data security boundaries. Where a definable, protectable perimeter once surrounded corporate data centers, for example, enterprise digital assets have become scattered across multiple on-prem and public cloud IT environments. The distributed nature of data across dissimilar IT environments has created new security challenges […]

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Working from home during the coronavirus crisis opens the door to hackers

(Reuters) — As people disperse to their homes to work and study because of the coronavirus pandemic, taking their laptops and company data with them, cyber security experts say hackers will follow, seeking to take advantage and infiltrate corporations. Government officials in the United States, Britain and elsewhere have issued warnings about the dangers of […]

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Solve people-centric security challenges with machine learning (VB Live)

Presented by Tessian Data breaches are at an all-time high because traditional cybersecurity methods can’t account for the complexities of human behavior. Learn about the technologies that detect and prevent threats caused by human error, and more, when you join this VB Live event! Register here for free. Cybersecurity has always focused on essentially protecting […]

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McAfee: Start protecting against quantum computing hacks now

McAfee’s chief technology officer warned that it’s time for companies to start worrying about quantum computing attacks that can break common forms of encryption available today, even if quantum computing isn’t going to be practical for a while. Steve Grobman, CTO of the cybersecurity firm, made the remarks in a keynote address at RSA, the […]

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