Ngrok has closed a $50 million Series A round to provide enterprise-grade authentication and user and session observability without adding complexity for developers or users. Ngrok will use the proceeds to support additional authentication protocols and build out integrations and connections.
The founder of bankrupt cryptocurrency exchange FTX, Sam Bankman-Fried, has been arrested by police in the Bahamas, the day before he was due to remotely testify before Congress. Bahamian officials say he faces a "likely" extradition request from the U.S., which has filed charges against him.
Banks using behavioral-based controls are detecting malicious accounts in 92% of cases before traditional AML and transaction monitoring systems alert the bank.
Snyk hauled in nearly $200 million just weeks after laying off 198 employees but had to slash its valuation by $1.1 billion to seal the deal. The company intends to use the Series G proceeds to enhance and expand its developer security platform through both organic investments and acquisitions.
Months after a global law enforcement team took down the world's largest darknet marketplace, a dozen others have taken its place. The new platforms operate in the Russian language, bring in more volume than the very profitable Hydra, and run operations differently from their Western counterparts.
Chicago-based hospital chain CommonSpirit reported to federal regulators that its October ransomware incident affected the protected health information of nearly 624,000 individuals. Among the information compromised were names, addresses, phone numbers and birthdates.
Attackers wielding Royal ransomware have been hitting crypto-locking healthcare targets, the U.S. Department of Health and Human Services warns, saying that in each known case, attackers "claimed to have published 100% of the data that was allegedly extracted from the victim."
Australian telecommunications provider Telstra apologized for accidentally publishing names, numbers and addresses of over 130,000 customers whose details were supposed to be unlisted. The company apologized for the error and blamed a "misalignment of databases."
Hosted services company Rackspace is warning customers about the increasing risk of phishing attacks following a ransomware attack causing ongoing outages to its hosted Exchange environment. The Texas-based firm also is now facing a class action lawsuit.
U.S. federal prosecutors indicted four men charged with engaging in business email compromise and credit card fraud schemes that netted them $9.2 million. The FBI has warned that business email compromises - whether through account compromise or impersonation - is a growing threat.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity and privacy issues, including the evolution of the CISO role, the community impact of ransomware attacks targeting hospitals, and trends in cybersecurity customers' buying behavior.
The U.K. government on Friday released voluntary code of practice that will be monitored for compliance. The guidelines tell operators and developers to ensure that apps receive updates to fix security vulnerabilities and call for every app developer to establish a vulnerability disclosure process.
Ransomware gangs rely on shotgun-style attacks using phishing or stolen remote access credentials to target individuals. This strategy snares less poorly prepared organizations, and that often means healthcare entities. Experts share insights on this plague on healthcare and what to do about it.
The Hive ransomware-as-a-service group says it posted customer data obtained during a November attack against French sports retailer Intersport. The U.S. federal government estimates the group has attacked more than 1,300 companies worldwide, collecting about $100 million in ransom payments.
Approov has landed a new CEO to help the mobile security upstart expand in the United States and capture more healthcare and financial services customers. The Silicon Valley-based company has captured high-profile European customers such as BMW from its development center in Scotland.
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