UK-based email security and brand protection solutions provider Red Sift on Thursday announced raising $54 million in a Series B funding round that brings the total raised by the company to nearly $70 million.
Nigerian Admits in US Court to Hacking Payroll Company
A Nigerian national pleaded guilty in a U.S. court for his role in a scheme to hack into thousands of user accounts maintained by a payroll processing company, to steal payroll deposits.
Cloudflare Plans to Acquire Email Security Startup Area 1
Web infrastructure and DDoS mitigation firm Cloudflare has announced plans to purchase Area 1, a Kleiner-Perkins-backed startup doing business in the competitive email security space.
Astrix Security Nabs $15M to Tackle Attack Surface Sprawl
Israeli startup Astrix Security has banked $15 million in early stage venture capital investment to build technology to help organizations secure third-party app integrations.
The Tel Aviv-based Astrix said the seed round was led by Bessemer Venture Partners and F2 Capital. Venrock and a list of angel investors also participated.
MDR Vendor eSentire Banks $325M at ‘Unicorn’ Valuation
Canadian cybersecurity vendor eSentire has scored $325 million in new financing at a heady valuation north of a billion dollars.
Wiper Used in Attack on Iran National Media Network
An analysis of a January attack targeting Iran’s national media corporation has found the use of multiple malware families, including a data-wiper and custom backdoors.
Coinbase Pays $250K for ‘Market-Nuking’ Security Flaw
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.
Researchers Devise Method to Decrypt Hive Ransomware-Encrypted Data
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.
FBI Warns of BEC Scams Abusing Virtual Meeting Platforms
The Federal Bureau of Investigation (FBI) this week issued an alert regarding the increasing use of virtual meeting platforms to conduct business email compromise (BEC) and email account compromise (EAC) scams.
Malicious Emails Can Crash Cisco Email Security Appliances
Cisco this week informed customers that its Email Security Appliance (ESA) product is affected by a high-severity denial of service (DoS) vulnerability that can be exploited using specially crafted emails.












