L3 Technologies, a U.S. government contractor that sells aerospace and defense technology, has emerged as a suitor for Israeli exploit merchant NSO Group.
Report: L3 Emerges as Suitor for Embattled NSO Group
Avast: New Linux Rootkit and Backdoor Align Perfectly
Malware hunters at Avast have analyzed a newly discovered rootkit and backdoor that target Linux and appear designed to function in synergy with each other.
Drupal Patches ‘High-Risk’ Third-Party Library Flaws
The Drupal security team has released a “moderately critical” advisory to call attention to serious vulnerabilities in a third-party library and warned that hackers can exploit the bugs to remotely hijack Drupal-powered websites.
HYCU Raises $53 Million for Data Backup Technology
Backup-as-a-service firm HYCU has raised $53 million in a Series B funding round that brings the total invested in the company to $140.5 million.
The new funding round was led by Acrew Capital, with participation from all previous investors, along with Atlassian Ventures and Cisco Investments.
Billion-Dollar Valuations Can’t Halt Layoffs at OneTrust, Cybereason
Two cybersecurity vendors that recently boasted of raising hundreds of millions of dollars at unicorn valuations have confirmed staff cuts as the turmoil in the capital markets start to wreak havoc on late-stage startups.
DefenseStorm Raises $15 Million for Banking Security and Compliance Platform
DefenseStorm this week announced that it has raised $15 million in Series C funding, which brings the total investment in the company to $67 million.
JAM FINTOP, a venture fund focusing on financial institutions, shelled out $5 million in the funding round, with the rest coming from existing investors.
Whistic Raises $35 Million in Series B Funding for Vendor Security Network
Vendor security assessment company Whistic on Tuesday announced that it has raised $35 million in Series B funding, which brings the total investment in the company to $51 million.
The new funding round was led by JMI Equity, with participation from Album VC, Emergence Capital, Forgepoint Capital, and FJ Labs.
Apple Blocked 1.6 Million Risky, Vulnerable Apps in 2021
Apple says its App Store fraud prevention mechanisms last year stopped potentially fraudulent transactions totaling roughly $1.5 billion.
Throughout 2021, the company prevented more than 3.3 million stolen credit cards from making purchases in the App Store, and banned nearly 600,000 accounts from ever transacting again.
Ten Eleven Ventures Raises $600M Fund for Cybersecurity Investments
Ten Eleven Ventures has joined a growing list of cybersecurity-focused venture capital firms raising new funds to invest in startups solving information security problems.
Chainguard Bags Massive $50M Series A for Supply Chain Security
Venture capital powerhouse Sequoia is leading a massive $50 million early-stage investment in Chainguard, a startup created by a team of ex-Google software engineers to “make software supply chain secure by default.”
