Moore Strategic Ventures led a $33 million investment into a military and transportation security startup founded by officers who stood up U.S. Army Cyber Command. The funds will help Shift5 expand from safeguarding military vehicles to protecting commercial modes of transportation.
Suspected nation-state hackers are using malware that researchers say straddles the line between off-the-shelf and advanced tactics in order to target the U.S. aerospace industry. Researchers from Adlumin in May found the malware on a defense contractor's network.
Dragos has axed 50 workers after longer sales cycles and smaller initial deployment sizes caused the industrial cybersecurity vendor to miss its first quarter revenue target. Dragos revealed plans to reduce its staff by 9% to ensure the company can stay independent through an IPO or Series E round.
A Chinese espionage threat group is using a novel backdoor to bypass popular Indonesian antivirus tool Smadav. Targets include European embassies in Southeast and East Asia. Smadav treats processes with no windows as suspect. The APT gets around that by opening a window not visible to users.
SentinelOne plans to ax approximately 105 workers after a significant drop in data usage for products with consumption-based pricing caused revenue to fall short of expectations. The company revealed plans to reduce its staff by 5% to remain on track with achieving non-GAAP profitability next year.
Russian cybersecurity firm Kaspersky disclosed iOS zero-click malware on the same day the Kremlin claimed it had uncovered a U.S. intelligence smartphone spy campaign. "We have never worked with any government to insert a backdoor into any Apple product and never will," an Apple spokesperson said.
Cisco Security Executive Vice President and General Manager Jeetu Patel said the industry struggles to address multifaceted attacks that originate in email and include bad links, malware downloads to a device and more. Cyber defenders need correlated data from multiple sources of telemetry, he said.
Amazon agreed to pay $5.8 million to settle a Federal Trade Commission investigation into allegedly poor cybersecurity practices by its Ring home surveillance device subsidiary. The company is also poised to come under two decades' worth of outside reviews of a mandated data and security program.
A now-patched macOS vulnerability allowed attackers with root access to bypass a kernel-level security feature that prevents malicious software from modifying protected files. An attacker could use the exploit to load malware that was shielded by Apple's System Integrity Protection.
Online sports retailer Sports Warehouse has agreed overhaul its security program and pay a $300,000 fine to New York State after hackers stole 20 years' worth of payment card data and customer information the company was storing in plaintext on its e-commerce server.
Expel, CrowdStrike and Red Canary held steady atop Forrester's MDR rankings, while Secureworks and Binary Defense tumbled from the leaders category. Providers have turned their attention from maximizing their efficacy at detecting ransomware to finding faster and better ways to respond to attacks.
Digital rights organizations detected Pegasus spyware on the devices of members of Armenian civil society during the outbreak of armed conflict over a disputed region in the South Caucasus region. Access Now called the infections the first known instance of Pegasus spyware use during war.
German prosecutors on Monday indicted four executives of insolvent commercial spyware firm FinFisher for illegally exporting their hacking tool to Turkey. The indictment comes as a European Parliament committee concluded an investigation of bloc members' use of commercial spyware.
A Chinese state hacker has targeted critical infrastructure in Guam and the United States with the likely intent of cyberespionage and maintaining long-term access. Microsoft dubbed the threat actor "Volt Typhoon" on Wednesday in a coordinated disclosure with the U.S. government and close allies.
As the largest media company at RSA Conference 2023, ISMG conducted more than 160 individual interviews with CEOs, CISOs, government leaders, investors, researchers and attorneys. This compendium covers every facet of cybersecurity, from the latest technology solutions to emerging trends.
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