Tag: cybercrime

Capture investment opportunities created by megatrends

Technology giant Olympus hit by BlackMatter ransomware

Olympus said in a brief statement Sunday that it is “currently investigating a potential cybersecurity incident” affecting its European, Middle East and Africa computer network. “Upon detection of suspicious activity, we immediately mobilized a specialized response team including forensics experts, and we are currently working with the highest priority to resolve this issue. As part…
Read more


12 September 2021 0

Kaseya hack floods hundreds of companies with ransomware

On Friday, a flood of ransomware hit hundreds of companies around the world. A grocery store chain, a public broadcaster, schools, and a national railway system were all hit by the file-encrypting malware, causing disruption and forcing hundreds of businesses to close. The victims had something in common: a key piece of network management and…
Read more


6 July 2021 0

Cyber security training platform Immersive Labs closes $75M Series C led by Insight Partners

Immersive Labs, a platform which teaches cyber security skills corporate employees by using real, up-to-date threat intelligence in a “gamified” way, has closed a $75 million Series C funding round led by new investors Insight Partners alongside Menlo Ventures, Citi Ventures and existing investor Goldman Sachs Asset Management. The investment will be used to scale…
Read more


14 June 2021 0

Hackers are targeting employees returning to the post-COVID office

With COVID-19 restrictions lifting and employees starting to make their way back into offices, hackers are being forced to change tack. While remote workers have been scammers’ main target for the past 18 months due to the mass shift to home working necessitated by the pandemic, a new phishing campaign is attempting to exploit those…
Read more


1 June 2021 0

Passwordstate users warned to ‘reset all passwords’ after attackers plant malicious update

Click Studios, the Australian software house that develops the enterprise password manager Passwordstate, has warned customers to reset passwords across their organizations after a cyberattack on the password manager. An email sent by Click Studios to customers said the company had confirmed that attackers had “compromised” the password manager’s software update feature in order to…
Read more


23 April 2021 0

Fraud prevention platform Sift raises $50M at over $1B valuation, eyes acquisitions

With the increase of digital transacting over the past year, cybercriminals have been having a field day. In 2020, complaints of suspected internet crime surged by 61%, to 791,790, according to the FBI’s 2020 Internet Crime Report. Those crimes — ranging from personal and corporate data breaches to credit card fraud, phishing and identity theft…
Read more


22 April 2021 0

Enterprise security attackers are one password away from your worst day

Ralph Pisani Contributor Ralph Pisani is president at Exabeam and has 20 years of experience in sales and channel and business development at organizations like Imperva and SecureComputing (acquired by McAfee). If the definition of insanity is doing the same thing over and over and expecting a different outcome, then one might say the cybersecurity…
Read more


16 April 2021 0

Medtronic partners with cybersecurity startup Sternum to protect its pacemakers from hackers

If you think cyberattacks are scary, what if those attacks were directed at your cardiac pacemaker? Medtronic, a medical device company, has been in hot water over the last couple of years because its pacemakers were getting hacked through their internet-based software updating systems. But in a new partnership with Sternum, an IoT cybersecurity startup…
Read more


16 April 2021 0

FBI launches operation to remove backdoors from hacked Microsoft Exchange servers

A court in Houston has authorized an FBI operation to “copy and remove” backdoors from hundreds of Microsoft Exchange email servers in the United States, months after hackers used four previously undiscovered vulnerabilities to attack thousands of networks. The Justice Department announced the operation on Tuesday, which it described as “successful.” In March, Microsoft discovered…
Read more


13 April 2021 0

Biden’s cybersecurity dream team takes shape

President Biden has named two former National Security Agency veterans to senior government cybersecurity positions, including the first national cyber director. The appointments, announced Monday, land after the discovery of two cyberattacks linked to foreign governments earlier this year — the Russian espionage campaign that planed backdoors in U.S. technology giant SolarWinds’ technology to hack…
Read more


12 April 2021 0