Tagged: online security

Allurity Acquires Aiuken to Establish European Cybersecurity Platform

Allurity has acquired Spanish multinational Aiuken, as “an important step in its journey to becoming Europe’s leading cybersecurity provider.” Aiuken brings an entire SOC platform “spanning three continents, as well as its Cloud Security and SOC-as-a-Service platforms.” This deal takes Allurity one step closer “to… Read More

Quantum Computing: DTCC Releases Whitepaper Highlighting Quantum Security Risks

As quantum computing creates vast new possibilities to analyze and solve complex problems that are unsolvable by today’s computers, it also has the potential “to disrupt entire industries and create significant new risks for financial firms by making even the most highly protected computer systems… Read More

Neobank Revolut Security Breach Exposes Data of 50,000+ Clients Worldwide

Revolut has experienced a major data breach that has reportedly exposed the sensitive personal details of around 50,000 clients globally. Revolut‘s management has now informed Lithuania’s State Data Protection Inspectorate about the security breach, noting that access to its database had been obtained via advanced… Read More

Consumers’ Online Payment Security Concerns Grow During Cost-of-Living Crisis: Report

Over half (59%) of consumers are “more concerned about becoming a victim of fraud now than they were in 2021.” That’s according to research released by specialized payments platform, Paysafe (NYSE: PSFE) which indicates that consumers across North America, Latin America and Europe are “prioritizing… Read More

FBI Warns that Cybercriminals Are Exploiting Vulnerabilities in Decentralized Finance (DeFi) Platforms

The FBI [Federal Bureau of Investigation] is warning investors that cybercriminals are “increasingly exploiting vulnerabilities in decentralized finance (DeFi) platforms to steal cryptocurrency, causing investors to lose money.” The FBI has “observed cybercriminals exploiting vulnerabilities in the smart contracts governing DeFi platforms to steal investors’… Read More

Liminal Key Security Backed by $50M Insurance Policy

Liminal, a wallet operations infrastructure, recently unveiled “an additional protection for customers.” The insurance covers Liminal’s backup keys, which “serve as a fail safe to recover lost Liminal keys.” Canopius, a global specialty (re)insurer and Lloyd’s of London syndicate, “wrote the $50 million policy, which… Read More

Kåre Kjelstrøm: CTO at Concordium Explains How Blockchain Tech May Enhance Social Media Platforms

We recently connected with Kåre Kjelstrøm, Chief Technology Officer at layer-1 blockchain company Concordium. Kåre, who has an MS in Computer Science from the University of Aarhus, Denmark, is leading the development of Concordium’s blockchain platform – which embeds encrypted ID into on-chain transactions in… Read More

Security Firm SlowMist Shares Detailed Solana Hack Analysis

On August 3, 2022, a large-scale incident of currency theft occurred on Solana, and a large number of users “transferred SOL and SPL tokens without their knowledge,” the SlowMist team noted in their analysis of the incident. The SlowMist security team “tracked and analyzed this… Read More

Talon Cyber Security Finalizes $100M Series A to Enhance Security for the Future of Work

Talon Cyber Security, the “secure” enterprise browser provider, recently announced $100 million in Series A funding, led by Evolution Equity Partners, “with participation from Ballistic Ventures, CrowdStrike’s Falcon Fund, Merlin Ventures, SYN Ventures and previous investors CrowdStrike co-founder and CEO George Kurtz, Lightspeed Venture Partners,… Read More

Cybersecurity Firm Glasswall CEO Comments on $540M Crypto Hack

Cybercriminals have reportedly “duped” a senior engineer at a crypto-based online gaming company, Axie Infinity, into applying for a job at a “fictitious” company. The result: “the loss of $540 million in cryptocurrency,” according to an update shared with CI (and also widely reported). While… Read More

Zero Threat Endpoint Protection to Combat Ransomware Introduced by Xcitium

Comodo Security Solutions has announced a rebranding to Xcitium, as the company launches its patented “zero threat” endpoint technology “to combat an increase in ransomware and other malware across all industries.” Xcitium Zero Threat is reportedly “the only solution on the market that entirely eliminates… Read More

Blockchain Security Firm SlowMist Teams Up with Go+ Security

SlowMist recently revealed that they’re working cooperatively with Go+ Security in order to help secure the future of Web3. The main goal of this cooperation is “to exchange data.” SlowMist will provide Go+ Security with their malicious address data of EVM tokens (mostly on ETH… Read More

Cybersecurity Now an Integral Part of All Systems, Policies, Procedures, Industry Standards, Regulations: Report

Cybersecurity has been around for many years, albeit initially “confined to antivirus software with a limited understanding of network security,” according to an update from Juniper Research. The “exponential” growth of interconnectivity and personal and business information online in the late 1990s and 2000s, and… Read More

CertiK, a Smart Contract and Blockchain Security Firm, Releases Report on Web3 Security

CertiK, the international provider of smart contract and blockchain security, has released its latest report on the state of security in Web3 for Q1 2022. The report provides insights into the future of Web3 following the “greatest” losses in existence, closing out a surge in… Read More

Very Good Security Teams Up with Plaid to Improve Data Security for the Digital Finance Sector

Very Good Security (VGS), a firm focused on protecting sensitive data, enabling innovation while ensuring security and privacy, announced an extended partnership with Plaid, a data network that powers the tools “millions of people” rely on to “live healthier financial lives.” VGS will be “a… Read More

Security Report Reveals Fraudsters Passed “Knowledge Based” Authentication Questions 92% of the Time

Pindrop, which claims to be an international leader in voice tech, recently shared its annual Voice Intelligence & Security Report “uncovering how companies might be accidentally inviting fraud, threat mongers from the dark web and bad actors better prepared to pass authentication.” As noted in… Read More

Ukraine Conflict Accelerates Russia’s Aim to Block VPNs: Report

Surfshark, a VPN firm based in Lithuania, has reported “a 3500% surge in Russia sales since February 24 – the day Russia invaded Ukraine.” According to cybersecurity firm Surfshark’s analysis, the Russian telecoms regulator (Roskomnadzor) has forced Google to “delist more than 36,000 URLs that… Read More

OurCrowd backed ThetaRay Appoints Peter Reynolds as CRO

ThetaRay, a provider of AI-enhanced transaction monitoring tech to protect banking institutions and Fintech platforms against financial crimes, recently revealed that it has solidified its international revenue operations with the appointment of Peter Reynolds as the firm’s Chief Revenue Officer. ThetaRay is an OurCrowd portfolio… Read More

HMBradley Shares Notice About Recent Cybersecurity Incident

The team at HMBradley reveals that they recently detected a cyberattack on their systems. In this type of attack, often referred to as a “credential stuffing attack”, the perpetrator attempts “to gain access to a customer’s account using login credentials illegally obtained from another source.”… Read More

Destructive Malware Deployed Against Ukraine Organizations: FBI, Cybersecurity and Infrastructure Security Agency Report

The FBI Cyber Division notes that cyber threat actors have recently “deployed destructive malware” against organizations operating in Ukraine. The FBI and Cybersecurity and Infrastructure Security Agency noted in an extensive update that “leading up to Russia’s unprovoked attack against Ukraine, threat actors deployed destructive… Read More

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