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.
Bot Detection Firm Netacea Closes $12 Million Funding Round
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.
Legit Security Raises $30M to Tackle Supply Chain Security
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.
Alphabet’s CapitalG Makes Big Bet on Salt Security
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 Says WebKit Zero-Day Hitting iOS, macOS Devices
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.
Ransomware Recovery Startup Calamu Banks $16.5M Investment
Calamu, an early-stage cybersecurity startup building technology to help businesses recover from ransomware infections, has raised $16.5 million in venture capital funding.
Meta Sues Two Nigerians Who Lured Facebook Users to Phishing Sites
Facebook parent company Meta this week announced it has taken legal action against two Nigerians for their alleged roles in financial scams targeting Facebook and Instagram users.
Microsoft Patches for 51 Windows Security Defects
Microsoft’s Patch Tuesday train rumbled into Windows networks with fixes for 51 documented security vulnerabilities, some serious enough to cause full computer takeover attacks.
Law Enforcement Blowback, Cyber Insurance Renewals Powering Anti-Ransomware Success
High-Severity Flaw in Argo CD is Information Leak Risk
A high-severity security vulnerability in Argo CD could allow an attacker to access sensitive information from target applications.