By Steven Scheer JERUSALEM (Reuters) – U.S.-Israeli startup Wiz raised $1 billion in a private funding round that values the four-year old cloud cyber security company at $12 billion, as it seeks to do more acquisitions. Wiz, which has raised $1.9 billion since its founding in 2020, said in a statement on Tuesday that it
Governance & Risk Management , Insider Threat , Patch Management Voss of DAT Freight & Analytics on Budget Allocation for Holistic Cyber Defense Michael Novinson (MichaelNovinson) • May 6, 2024 Erika Voss, vice president, information security, DAT Freight & Analytics, and CyberEdBoard member Despite the rapid evolution of cybersecurity tools and strategies,
IDEMIA Secure Transactions has unveiled a crypto-agility solution aimed at assisting service providers in protecting their products. Specifically, this new crypto-agility solution was designed to help service providers such as banks, fintech firms, mobile network operators, IoT manufacturers, and security providers, in keeping their products safe against emerging quantum threats. This solution purportedly enables
Nearly half (48%) of a $65 billion portfolio of loans processed during the first quarter of 2024 contained vulnerabilities to wire and title fraud, according to a report released Wednesday by FundingShield. The portfolio of loans examined included residential, commercial investor and business purpose loans. On loans that exhibited problems, the analysis found an average
Image Credits: TechCrunch/Bryce Durbin A crypto wallet maker claimed this week that hackers may be targeting people with an iMessage “zero-day” exploit — but all signs point to an exaggerated threat, if not a downright scam. Trust Wallet’s official X (previously Twitter) account wrote that “we have credible intel regarding a high-risk zero-day exploit targeting
Image Credits: Bryce Durbin / TechCrunch Shakeeb Ahmed, a cybersecurity engineer convicted of stealing around $12 million in crypto, was sentenced on Friday to three years in prison. In a press release, the U.S. Attorney for the Southern District of New York announced the sentence. Ahmed was accused of hacking into two cryptocurrency exchanges, and
Microsoft will reportedly invest $2.9 billion for artificial intelligence projects in Japan. The investment will go toward expanding Microsoft’s cloud and AI infrastructure in the country, training 3 million people in AI and setting up a Microsoft Research Asia lab in Tokyo, Reuters reported Tuesday (April 9). The company will announce this investment Tuesday, while Japanese Prime Minister
With the Nasdaq Composite index soaring about 60% from its bear market lows, it has become increasingly difficult to find reasonably priced tech stocks. However, by focusing on fast-growing businesses operating in markets with decades-long tailwinds, investors can locate a handful of top-tier stocks with reasonable valuations. CrowdStrike (NASDAQ: CRWD) and Clear Secure (NYSE: YOU)
Image Credits: Bryce Durbin / TechCrunch On Monday, the Biden administration announced that six new countries had joined an international coalition to fight the proliferation of commercial spyware, sold by companies such as NSO Group or Intellexa. Now, some investors have announced that they too are committed to fighting spyware. But at least one of
Nevada-headquartered wholesale lender Nations Direct Mortgage revealed that an unauthorized third party obtained access to the data of more than 83,000 customers on or about Dec. 30, 2023, the lender disclosed on March 14 in a notice shared with the Office of the Maine Attorney General. An investigation showed that names, addresses, Social Security numbers