Tag: security
Web hosting cybersecurity concerns
In 2024, gone are the days when operating a website (or even a computer) required extensive and specific knowledge of web development. Today, building and launching a new web page boils down to choosing a website builder, a domain name, and a reliable web hosting plan. Now, this last one…
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US blames China for Exchange server hacks and ransomware attacks
The Biden administration and its allies has formally accused China of the mass-hacking of Microsoft Exchange servers earlier this year, which prompted the FBI to intervene as concerns rose that the hacks could lead to widespread destruction. The mass-hacking campaign targeted Microsoft Exchange email servers with four previously undiscovered vulnerabilities…
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An insurtech startup exposed thousands of sensitive insurance applications
A security lapse at insurance technology startup BackNine exposed hundreds of thousands of insurance applications after one of its cloud servers was left unprotected on the internet. BackNine might be a company you’re not familiar with, but it might have processed your personal information if you applied for insurance in…
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Facebook adds a ‘Payout Time Bonus’ to help retain bug bounty hunters
When it comes to bug bounties, Facebook lags behind the likes of Microsoft and Google in terms of overall payouts and volume of tips received: last year, Microsoft and Google respectively paid out $13.6 million and $6.7 million; Facebook meanwhile paid out just $1.98 million as of November. But on…
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Quantexa raises $153M to build out AI-based big data tools to track risk and run investigations
As financial crime has become significantly more sophisticated, so too have the tools that are used to combat it. Now, Quantexa — one of the more interesting startups that has been building AI-based solutions to help detect and stop money laundering, fraud, and other illicit activity — has raised a…
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Cloud security platform Netskope boosts valuation to $7.5B following $300M raise
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…
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