Australia on Saturday proposed tougher penalties for companies that fail to protect customers’ personal data after two major cybersecurity breaches left millions vulnerable to criminals.
Australia Flags New Corporate Penalties for Privacy Breaches
Data of 3 Million Advocate Aurora Health Patients Exposed via Malformed Pixel
Non-profit healthcare provider Advocate Aurora Health is informing 3 million individuals that a malformed tracking pixel has inadvertently exposed protected health information (PHI) to Facebook or Google.
France Slaps Fine on Face Recognition Firm Clearview AI
France on Thursday slapped a 20-million-euro fine on US firm Clearview AI for breaching privacy laws, as pressure mounts on the controversial facial-recognition platform.
Anonos Raises $50 Million for Data Privacy Platform
Data privacy firm Anonos this week announced that it has raised $50 million in a growth funding round that brings the total investment in the company to $70 million. The funding round was led by GT Investment Partners and facilitated by Aon.
Bolsters Raises $15M to Tackle Fakes and Frauds
California startup Bolster, Inc. has raised $15 million in venture capital funding to build a fraud prevention platform for businesses.
The early-stage funding round was led by Cervin, Liberty Global Ventures, and Cheyenne Ventures with participation from previous investors Thomvest Ventures and Crosslink Capital.
IDA Pro Owner Hex-Rays Acquired by European VC Firm
European venture capital and private equity firm Smartfin on Tuesday announced a deal to acquire Hex-Rays, the Belgian company behind the widely deployed IDA Pro software disassembler.
Zimbra Patches Under-Attack Code Execution Bug
Messaging and collaboration software maker Zimbra has rushed out patches to provide cover for a code execution flaw that has already been exploited to plant malware on target machines.
IronVest Emerges From Stealth Mode With $23 Million in Seed Funding
Biometric authentication provider IronVest this week has emerged from stealth mode with $23 million in seed funding.
The investment round was led by Accomplice, with participation from Joule Ventures, OurCrowd, Trust Ventures, Ulysses, and several angel investors.
DataGrail Raises $45 Million for Data Privacy Platform
Data privacy platform DataGrail this week announced that it has raised $45 million in a Series C funding round that brings the total raised by the company to $84.2 million.
Biden Signs Executive Order on US-EU Personal Data Privacy
Executive order requires that US signals intelligence activities be conducted “only in pursuit of defined national security objectives”
US President Joe Biden signed an executive order on Friday designed to protect the privacy of personal data transfers between the EU and the United States and address European concerns about US intelligence collection activities.
