Oleria Secures $33M Investment to Grow ID Authentication Business

January 18, 2024 at 08:18AM Seattle-based startup Oleria, founded by former Salesforce CISO Jim Alkove, secured a $33 million Series A round led by Evolution Equity Partners. The funding, supported by previous investors, aims to further develop its adaptive and autonomous identity security technology. Oleria’s approach emphasizes providing seamless access management and continuously assessing and … Read more

Webinar: The Art of Privilege Escalation – How Hackers Become Admins

January 17, 2024 at 06:39AM The upcoming webinar, “The Art of Privilege Escalation – How Hackers Become Admins,” presented by Joseph Carson, aims to equip IT security experts with the knowledge, tools, and strategies to counter cyber threats. Attendees will delve into the mind of cyber attackers, learn to detect privilege escalation attempts, and develop … Read more

Nigerian hacker arrested for stealing $7.5M from charities

January 3, 2024 at 02:35PM Nigerian national Olusegun Samson Adejorin was arrested in Ghana for wire fraud and identity theft, related to $7.5 million embezzlement from US charitable organizations. The fraud scheme involved unauthorized access to email accounts and impersonation of employees to trick one charity into transferring funds to accounts controlled by the attacker. … Read more

10 Years After Yahoo Breach, What’s Changed? (Not Much)

January 2, 2024 at 09:02AM Yahoo experienced the biggest data breaches in history, yet experts caution that after a decade, we have not heeded the lessons from these incidents. Based on the meeting notes, it seems that the discussion highlighted the significant data breaches experienced by Yahoo customers, which were considered some of the largest … Read more

3 Ways to Use Real-Time Intelligence to Defeat Bots

December 20, 2023 at 10:10AM The sci-fi film Blade Runner portrays a search for lifelike replicants, paralleling the digital realm where businesses confront human-like bots. These advanced bots pose cyber threats, challenging conventional security methods. Counteracting them demands dynamic solutions, including real-time feedback loops, understanding bot behavior, disrupting their feedback, and actionable intelligence to stay … Read more

Ex-Amazon engineer pleads guilty to hacking crypto exchanges

December 15, 2023 at 03:38PM Former Amazon security engineer Shakeeb Ahmed pleaded guilty to hacking and stealing over $12.3 million from two cryptocurrency exchanges in July 2022. He manipulated smart contracts to exploit pricing data, yielding inflated fees, and took advantage of a DeFi protocol loophole. Ahmed used various methods to conceal the stolen funds … Read more

In Appreciation: ESET Founder Rudolf Hruby Passes Away

December 15, 2023 at 12:39PM Rudolf Hruby, co-owner and founder of ESET, a Slovakian endpoint security vendor, has passed away at 69. ESET was established in 1992, originating from an earlier team’s work in 1987. In a tribute message, ESET emphasized their commitment to advancing a safer digital world. Hruby was also a prominent entrepreneur … Read more

Cloud engineer wreaks havoc on bank network after getting fired

December 12, 2023 at 02:48PM Ex-First Republic Bank cloud engineer, Miklos Daniel Brody, was sentenced to two years in prison for causing over $220,000 in damage to his former employer’s computer network by using his company-issued laptop to watch pornography. He pleaded guilty to violating the Computer Fraud and Abuse Act and making false statements … Read more

Industry piles in on North Korea for sustained rampage on software supply chains

November 23, 2023 at 08:44AM The UK and South Korea’s national cybersecurity organizations have issued a joint advisory warning about an increase in the volume and sophistication of North Korean software supply chain attacks. The advisory highlights the use of zero-day and N-day vulnerabilities and multiple exploits to achieve North Korea’s priorities, which include generating … Read more

Canada Bans WeChat and Kaspersky on Government Phones

October 30, 2023 at 02:50PM Canada has banned the use of the popular messaging app WeChat and Russian platform Kaspersky on government smartphones due to privacy and security risks. The decision was made to protect government networks and data, and aligns with the actions of international partners. This move follows the banning of TikTok on … Read more