Cryptocurrency exchange Coinbase has shelled out its largest ever bug bounty payment — a quarter of a million dollars — for what was described as a “market-nuking” security flaw that could have allowed users to sell bitcoins they didn’t own.
A group of academic researchers has found a way to exploit a security flaw in the encryption algorithm used by the Hive ransomware to recover hijacked and encrypted data.
Early-stage bot detection and mitigation company Netacea has closed a $12 million (£9 million) Series A investment to build out its anti-fraud technology platform.
The investment was led by Mercia Asset Management, with participation from a wide range of private investors with experience in the cybersecurity industry.
Technology giant Google is offering bigger cash awards for hackers reporting critical security flaws affecting the Linux Kernel, GKE, Kubernetes, and kCTF.
A team of Israeli entrepreneurs with roots in the application security ecosystem is taking a stab at software supply chain security with big backing from Bessemer Venture Partners.
Google’s Project Zero has observed a decrease in the overall time vendors need to address vulnerabilities reported by the bug hunting team.
Between 2019 and 2021, the team reported a total of 376 vulnerabilities and saw most of them (351) get patched. Of the remaining flaws, 14 are marked “WontFix” by the vendor and 11 remain unfixed.
Salt Security is the latest addition to a growing list of cybersecurity startups boasting billion-dollar valuations.
The Palo Alto, Calif.-based Salt Security on Thursday announced a new $140 million funding round that brings its valuation to $1.4 billion and signals heightened investor interest in the API security space.
Apple’s struggles with zero-day attacks on its iOS and macOS platforms are showing no signs of slowing down.
For the second time in as many months, Cupertino released iOS, iPadOS and macOS updates to address a critical WebKit security defect (CVE-2022-22620) that exposes Apple devices to remote code execution attacks.
Calamu, an early-stage cybersecurity startup building technology to help businesses recover from ransomware infections, has raised $16.5 million in venture capital funding.
Tel Aviv, Israel-based Canonic Security has emerged from stealth with $6 million seed funding from investors including First Round Capital, Elron Ventures, SV Angel and Operator Partners. The company provides a third-party app governance platform powered by an app sandbox.
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