The infamous North Korean Lazarus hacking group is the prime suspect in the $100 million hack of Harmony’s Horizon Bridge, according to new data and research from blockchain analytics firm Elliptic.The multi-million compromise, confirmed by Harmony earlier this month, led to the theft of ETH, BNB, USDT, USDC and Dai from the Horizon cross-chain bridge and no
Many industries have had to tighten belts in the “new normal”. In cybersecurity, artificial intelligence (AI) can help.
Every day of the new normal we learn how the pandemic sped up digital transformation, as reflected in the new opportunities and new risks. For many, organizational complexity and legacy infrastructure and support processes are
Cyolo, an Israeli startup building technology for zero trust networking, on Monday announced a new $60 million investment led by the venture investing arm of National Grid.In addition to National Grid Partners, Cyolo said it scored investments from Glilot Capital Partners, Flint Capital, Differential Ventures, and Merlin Ventures. The Series B financing
Bay Area startup Normalyze on Monday announced a $22 million in Series A funding as venture capital investors rush to place bets on the newly coined Data Security Posture Management (DSPM) space.Normalyze, based in San Francisco, said the funding round was co-led by Lightspeed Venture Partners and Battery Ventures and brings the total raised to $26.6 million
Cloud security company Wiz has announced the launch of a new database whose goal is to keep track of vulnerabilities and other security issues affecting cloud services.Cybersecurity researchers often find vulnerabilities in widely used cloud services offered by companies such as AWS, Microsoft and Google. While some cloud vulnerabilities don’t require any
Offensive security startup Hadrian today announced that it has received €10.5 million ($11 million) in unsolicited seed funding that brings the total invested in the company to $13.7 million.The investment round was led by HV Capital, with participation from Picus Capital, previous investor Slimmer.AI, and various angel investors.Founded in 2021, the Amsterd
Security researchers at CrowdStrike have stumbled upon ransomware actors deploying zero-day exploits against Mitel VOIP appliances sitting on the network perimeter.The discovery is added confirmation that ransomware criminals are increasingly investing in zero-day exploits for use in data-extortion attacks and that poorly configured network devices present a
Retaining cybersecurity talent can be difficult. Along with our previous tips, how can you attract great workers?
Difficulties and Positive Changes
The recent ISACA State of Cybersecurity 2022 survey provides some key markers:
Unfilled positions are on the rise (not good)
Existing teams are understaffed (not good)
Budgets are (finall
Some of the industrial control system (ICS) vendors impacted by the OT:Icefall vulnerabilities have released advisories to inform customers about the impact of the flaws and to provide mitigations.OT:Icefall is the name given to a collection of 56 vulnerabilities discovered by Forescout researchers across the products of ten companies that make operational t
Cloud security startup Aqua Security has partnered with the Center for Internet Security (CIS) to create guidelines for software supply chain security and followed up by shipping an open-source auditing tool to ensure compliance with the new benchmark.The open-source tool, called Chain-Bench, is described an open source tool for auditing an organization’s so
Modern goods and services rely on a supply chain ecosystem, which are interconnected networks of manufacturers, software developers, and other service providers. This ecosystem provides cost savings, interoperability, quick innovation, product feature diversity, and the freedom to pick between rival providers. However, due to the many sources of compone
RevealSecurity, an Israeli data security startup building technology to thwart malicious insider threats, on Tuesday announced the closing of a $23 million funding round led by SYN Ventures.In addition to SYN Ventures, Hanaco Ventures, SilverTech Ventures and World Trade Ventures also joined as RevealSecurity investors.The Series A financing provides capital
Latest funding brings the total raised by Cyberint to $68 million Cyberint, a threat intelligence startup competing in the attack surface management category, has banked $40 million in financing led by StageOne Late Stage Arm.The latest funding brings the total raised by the Tel Aviv, Israel-based company to $68 million and gives the company runway to b
The majority of C-suite executives are confident in their organization’s protection against ransomware attacks. At least, that’s what a recent research report from ISC2 shows. In fact, just 15% express a lack of confidence. Does this confidence take into account the nearly 53% rise in double extortion ransomware attacks between January and Febru
After a company discovers a cyber attack on its network, the finger-pointing begins. The CEO blames the chief information security officer (CISO). The CISO blames the financial officers for not setting aside enough money for cyber defenses. The chief information officer begins to look for a scapegoat further down the supply chain. Maybe they fire a low-leve
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