security
Hackers stole Social Security numbers in Flagstar data breach affecting 1.5 million customers
Flagstar Bank, one of the largest financial service providers in the United States, has notified more than 1.5 million customers of a data breach in which Social Security numbers were stolen — its s
TikTok moves all US traffic to Oracle servers, amid new claims user data was accessed from China
TikTok said on Friday it is moving U.S. users’ data to Oracle servers stored in the United States. Overshadowing its migration announcement was a damning report that followed, claiming that TikTok s
Behavioral cybersecurity platform CybSafe raises $28M Series B led by Evolution Equity Partners
Last year, U.K. cybersecurity startup CybSafe, a “behavioral security” platform, raised a $7.9 million Series A. This SaaS product with a per-user-based, subscription licensing model has a “beha
Data governance startup Immuta lands $100M to pursue acquisitions
Immuta, a provider of data privacy and access controls services, today announced that it closed a $100 million Series E round at a $1 billion valuation, bringing the company’s total funding to $
Crypto startup Ledger teams up with Cathay Innovation to launch $110M sector fund
Cathay Innovation is hoping to secure the bag in a new investment partnership with a company that secures crypto assets. The $1.5 billion venture capital firm is entering the crypto market with a new
Apple introduces real-time security updates for iOS and macOS
Security is a moving target, and Apple’s latest security release aims to respond better to that: to keep iPhones and Macs up to date with new security fixes, it’s launching Rapid Security
Opal secures $10M for dynamic access management
Opal, a platform that decentralizes access management for enterprise customers, today announced that it raised $10 million in a Series A funding round led by Greylock. CEO Stephen Cobbe says that the
To better manage cybersecurity risk, extend zero-trust principles to third parties
Today’s cybersecurity landscape requires an agile and data-driven risk management strategy to deal with the ever-expanding third-party attack surface.
Reco raises $30M to prevent sensitive data leaks
Reco (also known as RecoLabs), a company using AI to map a company’s data sharing, today announced that it raised $30 million in a Series A round co-led by Insight Partners and Zeev Ventures wit
Foxconn confirms ransomware attack disrupted operations at Mexico factory
Smartphone manufacturing giant Foxconn has confirmed that a ransomware attack in late May disrupted operations at one of its Mexico-based production plants. “It is confirmed that one of our fact
Costa Rica’s public health system hit by Hive ransomware following Conti attacks
Costa Rica’s public health service, known as the Costa Rican Social Security Fund (CCSS), has been forced to take its systems offline after being hit by Hive ransomware. In a statement on Twitter, t
WorkOS raises $80M to add enterprise features like SSO to apps
WorkOS, a platform that lets developers add enterprise features like single sign-on (SSO) and directory sync to apps, today announced that it raised $80 million in a Series B funding round led by Gree
Cybersecurity startup Ordr nabs $40M to monitor connected devices for anomalies
In 2015, there were approximately 3.5 billion Internet of Things (IoT) devices in use. Today, the number stands around 35 billion, and is expected to eclipse 75 billion by 2025. IoT devices range from
Why web3 companies get hacked so often, according to crypto VC Grace Isford
On the Chain Reaction podcast this week, Lux Capital’s newest investor, Grace Isford, joined us to talk about the opaque but crucial world of web3 infrastructure. At Lux, Isford invests in the
Hackers compromised some Zola user accounts to buy gift cards
Zola, a wedding planning startup that allows couples to create websites, budgets and gift registries, has confirmed that hackers gained access to user accounts but has denied a breach of its systems.
Fears grow for smaller nations after ransomware attack on Costa Rica escalates
The Russia-linked ransomware gang demanded $20 million in ransom — and the overthrow of Costa Rica's elected government. Where does that leave smaller, equally vulnerable nation states?
US names and shames Venezuelan doctor as notorious ransomware maker
The U.S. has named a Venezuelan cardiologist as the alleged mastermind behind the notorious Thanos ransomware. According to the U.S. Justice Department, Moises Luis Zagala Gonzalez, 55, created and di
Sunday Security launches a cybersecurity service for senior execs
Traditionally, cybersecurity has always focused on what can be hacked and not so much on who might be most at risk. Sunday Security, which is launching today and announcing a $4 million seed funding r
Nexite raises $67M for its new approach to tagging and tracking merchandise in physical stores
When it comes to commerce innovation, physical retail often feels like it gets the short end of the development stick against newer, faster-growing, more quantifiable (and still far from perfect) digi
Supreme Court overturns Roe v. Wade: Should you delete your period-tracking app?
Experts say fears over period-tracking apps in a post-Roe vs. Wade world aren't unfounded, but knowing which apps track you is only half of the battle.