cybersecurity

  • Sift Science raises $30 million to predict and prevent fraud everywhere online

    Sift Science raises $30 million to predict and prevent fraud everywhere online

    To predict and prevent fraud online even more quickly than cybercriminals adopt new tactics, Sift Science has raised $30 million in a Series C round of venture funding in a round led by Insight Venture Partners. According to the U.S. Internet Crime Complaint Center (IC3) 2015 annual report, reported internet crimes alone, ranging from personal and corporate data breaches to credit card… Read More

  • Why metadata should not live forever Crunch Network

    Why metadata should not live forever

    The surge in encrypted traffic and a wide adoption of end-to-end encryption by mainstream tech companies is a transformative shift in information security. Billions of online users now enjoy default peer-to-peer security, shielding the content of web communications from prying eyes of criminals and corporate surveillance. Yet the industry continues to collect and store massive amounts of metadata. Read More

  • Your website may be engaged in secret criminal activity Crunch Network

    Your website may be engaged in secret criminal activity

    Most of us think of website hacks as illicit activities aimed at siphoning critical information or disrupting the business of website owners. But what happens when your site becomes hacked, not for the purpose of harming you but rather to further the ends of other parties? Most likely, the attackers would manage to feed off your resources and reputation for months or years without being… Read More

  • Cybersecurity startup Darktrace intercepts $65M in fresh funding at a valuation of over $400M

    Cybersecurity startup Darktrace intercepts $65M in fresh funding at a valuation of over $400M

    Darktrace, the U.K. cybersecurity startup whose backers include Autonomy founder Mike Lynch’s Invoke Capital, has closed $65 million in fresh funding. The new round was led by global investment firm KKR, with participation from existing investor Summit Partners, and new investors TenEleven Ventures and SoftBank. Read More

  • Exploiting machine learning in cybersecurity Crunch Network

    Exploiting machine learning in cybersecurity

    While more and more jobs are being forfeited to robots and artificial intelligence, is it conceivable to convey to machines a responsibility as complicated as cybersecurity? The topic is being hotly debated by security professionals, with strong arguments on both ends of the spectrum. In the meantime, tech firms and security vendors are looking for ways to add this hot technology to their… Read More

  • SecurityScorecard raises $20 million from Google Ventures

    SecurityScorecard raises $20 million from Google Ventures

    SecurityScorecard, the platform that monitors and assesses companies’ cybersecurity strength, has raised $20 million in Series B funding from GV (the Alphabet-ized new name for Google Ventures). GV led the funding round, which includes investments from previous SecurityScorecard investors Sequoia Capital, Evolution Equity Partners, and Boldstart Ventures. Two Sigma Ventures also joined… Read More

  • Google and Facebook push the president’s cybersecurity commission for transparency

    Google and Facebook push the president’s cybersecurity commission for transparency

    Poisoned trust. Yearnings for transparency. The cyber Pearl Harbor. Executives from Google, Facebook, Dropbox and other major tech companies met with the president’s Commission on Enhancing National Cybersecurity at UC Berkeley yesterday. The discussion was laced with moments of high drama as industry representatives asked the commission to recommend reforms and technological advances… Read More

  • Examining the cybersecurity landscape of utilities and control systems Crunch Network

    Examining the cybersecurity landscape of utilities and control systems

    According to a federal indictment announced March 24, 2016, seven attackers with links to the Iranian government executed cyberattacks against dozens of banks from 2011 to 2013. Public announcements of cyber incidents against the financial system are undoubtedly areas for concern. However, this announcement included an unusual twist: The attackers also targeted a small dam near New York City. Read More

  • How do you truly secure the connected car? Crunch Network

    How do you truly secure the connected car?

    We’ve become accustomed to staying connected whenever and wherever we are. All this connectivity is great, but it has also blinded us to the associated risks of being online at all times. Connected devices — especially smartphones — are vulnerable to cyber attacks, so security is of the upmost importance. Just a little further down the road is the next major connected device… Read More

  • DNC discovers Russian hackers’ yearlong access to data

    DNC discovers Russian hackers’ yearlong access to data

    Russian hackers have had access to Democratic National Committee secret files — including opposition research on Donald Trump — for over a year, according to a new report in The Washington Post. The revelation comes a month after the director of national intelligence, James R. Clapper Jr., said that the agency had seen evidence of possible intrusions from foreign hackers into… Read More

  • Cylance, fighting malicious hackers with AI, hits $1B valuation after raising $100M

    Cylance, fighting malicious hackers with AI, hits $1B valuation after raising $100M

    “If you can’t beat them, join them” may not sound like the most encouraging pitch for a cybersecurity company, but a startup called Cylance has created an artificial intelligence-powered brain that essentially does just that, and it has taken off — raising $100 million in a Series D round of funding and catapulting itself into the so-called ‘unicorn’ club… Read More

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