Everyone is talking and working on Web3. Jack Dorsey is going even further, talking about Web5 powered by Bitcoin. Web3 is the new evolution of the web that’s powered by crypto. On Web2 platforms like Facebook and Twitter, users can only “read and write.” On Web3 platforms, users can “read, write and own” — meaning…
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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…
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Snyk, the Boston-based late-stage startup that is trying to help developers deliver more secure code, announced another mega-round today. This one was for $530 million, with $300 million in new money and $230 million in secondary funding, the latter of which is to help employees and early investors cash in some of their stock options.…
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FEMA will test its national emergency alert system later this week. Image: Getty Images Mark your calendars. This Wednesday will be the first nationwide test of the U.S. emergency alert system since the pandemic. The test will run both the Emergency Alert System (EAS), which broadcasts an emergency tone and message on televisions and radios,…
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Online abuse, disinformation, fraud and other malicious content is growing and getting more complex to track. Today, a startup called ActiveFence, which has quietly built a tech platform to suss out threats as they are being formed and planned, to make it easier for trust and safety teams to combat them on platforms, is coming…
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Netskope, focused on Secure Access Service Edge architecture, announced Friday a $300 million investment round on a post-money valuation of $7.5 billion. The oversubscribed insider investment was led by ICONIQ Growth, which was joined by other existing investors, including Lightspeed Venture Partners, Accel, Sequoia Capital Global Equities, Base Partners, Sapphire Ventures and Geodesic Capital. Netskope…
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Well, that was fast. Just days after a Twitter clone from former Trump spokesperson Jason Miller launched, the new social network is already beset by problems. For one, hackers quickly leveraged Gettr’s API to scrape the email addresses of more than 85,000 of its users. User names, names and birthdays were also part of the…
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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…
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For the first time, researchers have mapped all the known targets, including journalists, activists, and human rights defenders, whose phones were hacked by Pegasus, a spyware developed by NSO Group. Forensic Architecture, an academic unit at Goldsmiths, University of London that investigates human rights abuses, scoured dozens of reports from human rights groups, carried out…
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Yesterday, China ordered ride-hailing company Didi to stop signing up new customers after regulators announced a cybersecurity review of the company’s operations. As of this writing, Didi’s stock price is down 5.3%. In today’s edition of The Exchange, Alex Wilhelm suggested that the move wasn’t a complete surprise, but it still “puts a bad taste…
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