A new report out today from managed cybersecurity services company Arctic Wolf Networks Inc. finds a significant increase in business email compromise attacks, with 70% of all organizations reportedly targeted by BEC attacks in the last 12 months. The 2024 Arctic Wolf Trends report, based on a survey of its customers and internal data, found ...

Data access and connectivity solutions company CData Software Inc. today announced that it has raised about $350 million in growth capital to accelerate its investments in building innovative data integration solutions for customers. Founded in 2016, CData offers data integration solutions for real-time access to online on on-premises applications, databases and web application programming interfaces. ...

Google LLC’s Threat Analysis Group today shared insights into how it is taking on prolific influence operation actor DRAGONBRIDGE, a “spammy influence network” allegedly linked to China with a presence across multiple platforms. DRAGONBRIDGE, also known as “Spamouflage Dragon,” was first highlighted by Google TAG in January 2023. The group is known for producing a high ...

Remote development platform company Coder Technologies Inc. announced today that it has raised $35 million in new funding to broaden its open-source footprint, evolve cloud development environments and expand globally. Founded in 2017, Coder provides open-source tools and an enterprise platform aimed at making it easier to configure, secure and scale development environments. The company’s mission is ...

Customer onboarding and professional services automation platform company Rocketlane Corp. announced today that it has raised $24 million in new funding to expand its operations and development efforts. Founded in 2020, Rocketlane offers a platform for collaborative customer onboarding and professional services automation designed to streamline project management, enhance team collaboration and improve overall customer ...

A new report from content delivery network provider Cloudflare Inc. today warns of a rapid rise in web threats dominated by distributed denial-of-service attacks, bot traffic and rapid zero-day vulnerability exploitation. The State of Application Security 2024 report is based on the analysis of HTTP traffic patterns observed between April 1, 2023, and March 31 this year. ...

A new report out today from BlackBerry Ltd. details a significant increase in new malware used in cyberattacks in the first quarter of this year as overall attacks continue to surge. The latest BlackBerry Global Threat Intelligence Report reveals that BlackBerry cybersecurity solutions detected and stopped 3.1 million cyberattacks in the first quarter, or 37,000 ...

Infamous ransomware gang LockBit is claiming to have breached the U.S. Federal Reserve and is threatening to release stolen banking information if a ransom payment is not made. According to a listing on its dark web leaks site, LockBit claims to have “33 terabytes of juicy banking information containing Americans’ banking secrets” before going on ...

Amazon.com Inc. is reported working on a new artificial intelligence chatbot that will compete directly with OpenAI’s ChatGPT. Business Insider, citing people familiar with the matter, claims that the internal project building the AI is called “Metis,” a reference to the Greek goddess of wisdom. Metis is said to be powered by an internal Amazon ...

As generative artificial intelligence continues to grow in popularity and become mainstream, so do security issues surrounding large language models and their support services. A new report today from Wiz Inc. details one such vulnerability discovered in Ollama, the open-source infrastructure project designed to simplify the packaging and deployment of AI models. However, in a welcome ...