Tagged: security

February 4, 2022 @ 2:54 pm By Tony Zerucha  |  

HackerOne, a hacker-powered security platform, has raised $49 million dollars in a Series E funding round. The funding, led by investment firm GP Bullhound, brings total investment to date to nearly $160 million. It follows an eventful year in cybersecurity, culminating in the Log4j vulnerability… Read More

January 29, 2022 @ 12:36 pm By Omar Faridi  |  

More than 1.5 million US banking/payment cards may reportedly be found via the dark web, according to a study carried out by cybersecurity firm NordVPN. The study by NordVPN reveals that a total of 1,561,739 American payment card details had been discovered by researchers. This… Read More

January 29, 2022 @ 10:48 am By Omar Faridi  |  

At 9:34PM UTC on January 27, 2022, a bad actor started their exploit of Qubit Finance’s Ethereum (ETH) to Binance Smart Chain (BSC) bridge. As noted in an update from CertiK, this particular exploit “ended up netting them 77,162 qXETH ($185 million), which they then… Read More

January 26, 2022 @ 8:39 am By Omar Faridi  |  

Scalability has been the “hottest topic” in the crypto space during the past few years, the team at Qtum notes in a recent update. Qtum‘s developers write in a blog post that they have seen several projects “adopt a centralized stance just to speed up… Read More

January 25, 2022 @ 10:38 pm By Omar Faridi  |  

The team at HYPR reveals that they’re pleased to confirm that they’ve successfully completed SOC 2 Type 2 and ISO 27001 compliance and audit initiatives “along with obtaining ISO 27017 and ISO 27018 compliance certifications.” As noted by its management, HYPR allows customers to finally… Read More

January 23, 2022 @ 6:10 pm By Omar Faridi  |  

We recently connected with Mark Fiebig, Founder at The Closing Docs, a firm offering automated income verification for property managers and lenders. As explained by the company’s management, The Closing Docs provides an automated income verification tool that positions property managers and lenders to “make… Read More

January 19, 2022 @ 8:58 am By Omar Faridi  |  

The Sentinel Protocol team, which is operating a platform leveraging blockchain technology in order to harness collective cyber security intelligence to protect crypto assets against hackers, scams and fraud, has provided an update regarding the suspicious activity incident involving Crypto.com. Through their team’s preliminary analysis,… Read More

January 17, 2022 @ 12:19 pm By Omar Faridi  |  

A CertiK security analysis has found that over 50 so-called decentralized finance (DeFi) and non-fungible token or NFT projects may have “critical” vulnerabilities. CertiK wrote in a blog post that they “feel obligated to share these insights” with their community members. According to the blockchain… Read More

January 11, 2022 @ 10:47 pm By Omar Faridi  |  

Trulioo, the international identity verification firm, notes that ID verification has three primary use cases: “achieving compliance requirements, reducing fraud and building trust and safety.” Trulioo explains in a blog post that depending on your business and where you operate, you might “prioritize a particular… Read More

January 6, 2022 @ 8:03 am By Omar Faridi  |  

The team at Bitcoin-focused firm Casa recently shared some notable privacy and security stories from last year. Casa wrote in a blog post that as technology continues to make advances, the world of privacy and security changes along with it. The end of 2021 saw… Read More

January 4, 2022 @ 10:38 pm By Omar Faridi  |  

Salesforce is reportedly requiring clients to implement multi-factor authentication or MFA by February 2022. Salesforce, the world’s largest customer relationship management (CRM) software provider, assists organizations with increasing their revenue and enhance their customer experience. But the vast quantity of high-quality data (like personal and… Read More

January 3, 2022 @ 10:59 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes that advances in quantum computing are “stoking fears” that Bitcoin’s wallet structure is “vulnerable to exploits,… Read More

January 3, 2022 @ 7:50 am By Omar Faridi  |  

SlowMist has shared their review of the blockchain security industry in 2021. The blockchain security firm reveals that international losses for the sector surpassed $9.8 billion. As mentioned in the update from SlowMist, 2021 was a year of “ups and downs” for the blockchain or… Read More

December 28, 2021 @ 5:01 pm By Omar Faridi  |  

It was an eventful week for the Java Ecosystem and the Open Source communities: on December 9, 2021, a critical vulnerability was found in the widely-used Java Logging framework Log4j (version 2). The team at payments Fintech Adyen has shared details on some of the… Read More

December 26, 2021 @ 5:47 pm By Omar Faridi  |  

In order to ensure the safety and security of the payment system, the Reserve Bank of India (RBI) has expanded the tokenization facility from an earlier version/framework to Card on File Tokenization (COFT). Virtual payments Fintech Paytm has now introduced a tokenization solution for online… Read More

November 16, 2021 @ 8:24 am By Omar Faridi  |  

Following a massive $394M Series D round earlier this year to establish the foundation for greater financial inclusion, international ID verification Fintech Trulioo is “strengthening pathways to create a more inclusive and trust-oriented digital economy,” according to an update shared with CI. With the ability… Read More

April 23, 2021 @ 6:48 am By Samantha Hurst  |  

      BitGo, a digital asset financial services provider, announced earlier this week it has surpassed $700M of total Crime/Excess Specie insurance capacity. The company reported that in 2020, it claims it became the first digital asset custodian to offer clients the ability to… Read More

March 3, 2021 @ 10:28 am By Samantha Hurst  |  

  CoolBitX, a Taiwan-based blockchain security company, announced on Wednesday its products, Synga Bridge and Elliptic, have released an API solution and service to facilitate private wallet transaction information. According to CoolBitX, the Wallet Address Filter API is fully operational and ready for use as… Read More

September 30, 2020 @ 9:51 am By Samantha Hurst  |  

Adlumin, a security and compliance automation platform,  announced on Tuesday it secured $6 million through its Series A round of funding led by Leawood Venture Capital with participation from various other institutional sources, including The Independent Community Bankers of America (ICBA). Founded in 2016, Adlumin… Read More

September 1, 2020 @ 9:13 am By Omar Faridi  |  

Ethereum Classic (ETC), which only has about 3% of the total hashpower (computing resources securing blockchain networks) that’s currently being used to secure the much larger and arguably more secure Ethereum (ETH) network, recently experienced another serious 51% attack. These types of attacks can occur… Read More