In 2021, venture funding in the red-hot cybersecurity market topped $23 billion. Two years later, it seems like a security startup will be lucky to raise just one-third of that. Venture funding for cybersecurity dropped to just slightly more than $1.6 billion in the just completed second quarter — a 63% drop from the same […]
A Chinese nation-state group has been observed targeting Foreign Affairs ministries and embassies in Europe using HTML smuggling techniques to deliver the PlugX remote access trojan on compromised systems. Cybersecurity firm Check Point said the activity, dubbed SmugX, has been ongoing since at least December 2022, adding it’s part of a broader trend of Chinese […]
The federal government agency charged with protecting critical infrastructure and guarding against cybersecurity threats is accused of “exceeding its statutory authority” in its post-2016-election efforts to monitor domestic social media for evidence of misinformation, disinformation and malinformation, according to a House Republican-led committee’s interim report. The House Judiciary Committee and Subcommittee on Weaponization of the […]
Europol on Tuesday announced that the takedown of EncroChat in July 2020 led to 6,558 arrests worldwide and the seizure of €900 million in illicit criminal proceeds. The law enforcement agency said that a subsequent joint investigation initiated by French and Dutch authorities intercepted and analyzed over 115 million conversations that took place over the encrypted messaging platform between […]
Every cybersecurity vendor has a different vision of how generative AI will serve its customers, yet they all share a common direction. Generative AI brings a new focus on data accuracy, precision and real-time insights. DevOps, product engineering and product management are delivering new generative AI-based products in record time, looking to capitalize on the […]
At least half of dozen GitHub accounts from fake researchers associated with a fraudulent cybersecurity company have been observed pushing malicious repositories on the code hosting service. All seven repositories, which are still available as of writing, claim to be a proof-of-concept (PoC) exploit for purported zero-day flaws in Discord, Google Chrome, and Microsoft Exchange. […]
The BBC, British Airways and Boots have been caught up in a cyber incident that has exposed employee personal data, including bank and contact details, to hackers. A ransonware group named Clop has claimed responsibility for the breaches centered around the MOVEit file transfer software. In an email to Reuters on Monday, the hackers said […]
The UK and agencies in the US, Australia, Canada and New Zealand have issued new advice today (Wednesday) to help organisations detect China state-sponsored activity being carried out against critical national infrastructure networks. In the new joint advisory the National Cyber Security Centre – a part of GCHQ – alongside international partners highlight how recent […]
May 22 (Reuters) – Top U.S. cybersecurity companies are expected to report another quarter of strong growth as high-profile hacks and a shift in client preference for bigger players with better integrated offerings help support their businesses in a turbulent economy. Palo Alto Networks (PANW.O), the largest player in the space by market share and […]
Unless you purposely avoid social media or the internet completely, you’ve likely heard about a new AI model called ChatGPT, which is currently open to the public for testing. This allows cybersecurity professionals like me to see how it might be useful to our industry. The widely available use of machine learning/artificial intelligence (ML/AI) for cybersecurity practitioners is relatively […]