cyberattack

Panasonic confirms data breach after hackers access internal network

Japanese tech giant Panasonic has confirmed a data breach after hackers gained access to its internal network. Panasonic said in a press release dated November 26 that its network was “illegally acc

US banks must soon report significant cybersecurity incidents within 36 hours

U.S. financial regulators have approved a new rule that requires banking organizations to report any “significant” cybersecurity incident within 36 hours of discovery.  Under the rule, banks must

UK cyber startup Immersive Labs acquires US-based Snap Labs — and there’s a climate angle

Cybersecurity startup Immersive Labs — which recently closed a $75 million Series C funding round giving it a significant war chest — is acquiring U.S.-based cyber startup Snap Labs in an undisclo

Toronto’s transit agency cyberattack exposes 25,000 employees’ data

The Toronto Transit Commission has confirmed that the personal information of tens of thousands of employees may have been compromised as a result of a ransomware attack on its systems last month.  T

UK Labour Party blames breach of members’ data on third-party cyberattack

The U.K.’s Labour Party has confirmed a cyberattack on a third-party company has led to the compromise of members’ data. In an email sent to all party members and posted to its website, Labour

Industrial cybersecurity startup Dragos raises $200M, valuation soars to $1.7B

Dragos has raised $200 million in Series D funding at a valuation of $1.7 billion. The investment, which Dragos says is also the largest funding round achieved by an industrial cybersecurity firm, was

DOJ will sue federal contractors that hide cyberattacks and breaches

The U.S. Department of Justice has said it will launch civil legal action against federal contractors if they fail to report cyberattacks or data breaches. The Civil Cyber-Fraud Initiative, introduced

Cyber insurance firm Coalition lands $205M at Series E, valued at $3.5B

Coalition, a San Francisco-based cybersecurity insurance company, has raised $205 million in Series E funding, valuing the pre-IPO company at more than $3.5 billion. The round was co-led by Durable Ca

EU warns Russia over ‘Ghostwriter’ hacking ahead of German elections

The European Union has warned it may take action over Russia’s involvement in “malicious cyber activities” against several EU member states. The “Ghostwriter” campaign t

BitSight raises $250M from Moody’s and acquires cyber risk startup VisibleRisk

BitSight, a startup that assesses the likelihood that an organization will be breached, has received a $250 million investment from credit rating giant Moody’s, and acquired Israeli cyber risk asses

Big Tech pledges billions to bolster US cybersecurity defenses

Tech giants Apple, Google and Microsoft have pledged billions to bolster U.S. cybersecurity following a meeting with President Joe Biden at the White House on Wednesday. The meeting, which also inclu

Pearson to pay $1M fine for misleading investors about 2018 data breach

Pearson, a London-based publishing and education giant that provides software to schools and universities has agreed to pay $1 million to settle charges that it misled investors about a 2018 data brea

Siga secures $8.1M Series B to prevent cyberattacks on critical infrastructure

Siga OT Solutions, an Israeli cybersecurity startup that helps organizations secure their operations by monitoring the raw electric signals of critical industrial assets, has raised $8.1 million in Se

Industrial cybersecurity startup Nozomi Networks secures $100M in pre-IPO funding

Nozomi Networks, an industry cybersecurity startup that aims to shield critical infrastructure from cyberattacks, has raised $100 million in pre-IPO funding.  The Series D funding round was led by Tr

Cyber risk startup Safe Security lands $33M from UK telco BT

Safe Security, a Silicon Valley cyber risk management startup, has secured a $33 million investment from U.K. telco BT.  Founded in 2012, Safe Security — formerly known as Lucideus — helps organi

ZeroFox acquires dark web threat intelligence company Vigilante

ZeroFox, a cybersecurity startup that helps companies detect risks found on social media and digital channels, has announced it has acquired dark web threat intelligence company Vigilante.  Vigilante

To end cyberterrorism, the government should extend a hand to the private sector

The reality is that while companies can get smarter about cyber defenses and users can get more vigilant in their cyber hygiene practices, only the government has the power to end this behavior.

Clop ransomware gang doxes two new victims days after police raids

The notorious Clop ransomware operation appears to be back in business, just days after Ukrainian police arrested six alleged members of the gang. Last week, a law enforcement operation conducted by t

Mitiga raises $25M Series A to help organizations respond to cyberattacks

Israeli cloud security startup Mitiga has raised $25 million in a Series A round of funding as it moves to “completely change” the traditional incident response market. Mitiga, unlike other compan

Your boss might tell you the office is more secure, but it isn’t

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