A threat actor tracked as ‘Scattered Spider’ is targeting telecommunications and business process outsourcing (BPO) companies in an effort to gain access to mobile carrier networks and perform SIM swapping, cybersecurity firm CrowdStrike warns.
Balance Theory Scores Seed Funding for Secure Workspace Collaboration
Balance Theory, a seed-stage startup working on technology to help security teams collaborate and manage data flows securely, has closed a $3 million funding round.
The Columbia, Maryland-based Balance Theory said the early-stage investment was led by DataTribe with participation from TEDCO.
Investors Double Down on Pangea Cyber API Security Bet
Pangea Cyber, an early stage startup working on technology in the API security services space, has banked $26 million in a new funding round led by Google Ventures.
One Year Later: Log4Shell Remediation Slow, Painful Slog
Almost exactly a year after the Log4Shell security crisis sent defenders scrambling to reduce attack surfaces, new data shows that remediation has been a long, slow, painful slog for most organizations around the world.
Investors Bet $31 Million on Sphere for Identity Hygiene Tech
Venture capital investors have invested another $31 million into Sphere Technology Solutions, a New Jersey startup building technology to help defenders manage identities and access to sensitive data.
Project Zero Flags ‘Patch Gap’ Problems on Android
Vulnerability researchers at Google Project Zero are calling attention to the ongoing “patch-gap” problem in the Android ecosystem, warning that downstream vendors continue to be tardy at delivering security fixes to Android-powered devices.
Crackdown on African Cybercrime Leads to Arrests, Infrastructure Takedown
Interpol on Friday announced the arrest of ten individuals suspected of participation in $800,000 scam and fraud operations with global impact.
Proofpoint: Watch Out for Nighthawk Hacking Tool Abuse
Security researchers at Proofpoint are calling attention to the discovery of a commercial red-teaming tool called Nighthawk, warning that the command-and-control framework is likely to be abused by threat actors.
Palo Alto to Acquire Israeli Software Supply Chain Startup
Cybersecurity powerhouse Palo Alto Networks on Thursday announced plans to spend $195 million in cash to acquire Israeli startup Cider Security, a deal that adds software supply chain security capabilities to its Prisma Cloud platform.
Akeyless Raises $65 Million for Secrets Management Tech
Israeli early-stage startup Akeyless has banked a whopping $65 million in venture capital funding to build technology to help businesses manage credentials, certificates, keys and other secrets flowing through multi-cloud environments.