Perera is editorial director for news at Information Security Media Group. He previously covered privacy and data security for outlets including MLex and Politico.
The U.S. Federal Trade Commission said it's too easy for fraudsters to launch "child in trouble" and romance scams, so it has proposed rule-making that would give the agency new authority to sue in federal court any technology providers that facilitate impersonation fraud.
The U.S. federal government says it disrupted a criminal botnet that Russian military intelligence had converted into a platform for global cyberespionage. The malware targets Linux-based IoT devices - in this case, routers made by New York manufacturer Ubiquiti.
Venture-capital owned Armis, a firm that touts its ability to prepare companies for attacks before they materialize, acquired cybersecurity startup CTCI in a transaction approaching $20 million. Armis will merge CTCI employees and technology over the next 30 days.
A Canadian effort fueled by a surge of car thefts to ban pen-testing devices such as the Flipper Zero that grab wireless signals has provoked a backlash among security researchers and advocates, who accused Ottawa of seeking a scapegoat for bad auto industry security practices.
Bugcrowd received a $102 million venture capital investment to fuel strategic growth, the company announced Monday. "Our customers are outgunned and outmatched. They need to tap into all this creativity that exists within the hacker community," said company CEO Dave Gerry.
Data security vendor Cohesity will acquire the data protection business of Veritas in a stock and debt transaction resulting in a combined firm by the end of this year, the companies announced Thursday. The deal values the combined company at approximately $7 billion.
Firewall maker Check Point Software in an earnings call touted a strong fourth quarter - and a future that won't involve co-founder Gil Shwed as company CEO. Shwed has headed the publicly traded, $19 billion Israeli pure-play cybersecurity company for three decades.
Fast-growing cloud cybersecurity startup Wiz snagged a former Zscaler executive as its new chief operating officer and president as the company prepares to go public. Wiz announced Monday that Dali Rajic has jumped to the New York-headquartered company.
A top U.S. banking lobbyist told a Senate panel Thursday there are limits to what financial institutions can do to stop scammers from draining individual banking accounts and called on regulators such as the Federal Communications Commission to do more to combat caller ID spoofing.
Okta announced layoffs amounting to 7% of its workforce in a restructuring that will cost 400 employees their jobs. Thursday's disclosure is the second round of layoffs the company has undergone in the past 12 months. CEO Todd McKinnon said the cuts are needed to run Okta with "greater efficiency."
Silicon Valley email security firm Proofpoint is laying off 280 positions two months into the tenure of Sumit Dhawan as its chief executive officer. A company spokesperson said Proofpoint anticipates moving half the eliminated positions to overseas units in Argentina and Ireland by midyear.
The New York attorney general sued the third-largest bank in the United States over its alleged failure to protect consumers from scammers. "If a bank cannot secure its customers' accounts, they are failing in their most basic duty," said Attorney General Letitia James.
Hewlett Packard Enterprise in an after-hours regulatory filing disclosed that suspected Russian state hackers had gained access to corporate email inboxes for more than seven months. A threat group tracked as "Midnight Blizzard" first penetrated HPE's cloud-based email service in May 2023.
A security vulnerability in Fortra's GoAnywhere managed file transfer software can allow unauthorized users to create a new admin user. The vulnerability is a remotely exploitable authentication bypass flaw. Hackers have targeted file transfer software over the past year, including GoAnywhere MFT.
Russian state hackers obtained access to the inboxes of senior Microsoft executives for at least six weeks, the computing giant disclosed late Friday afternoon. "There is no evidence that the threat actor had any access to customer environments, production systems, source code, or AI systems."
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