Duncan Riley
Latest from Duncan Riley
NewSpring leads $29M round for remote work security company Venn
Remote-work security company Venn Technology Corp. announced today that it has raised $29 million in new funding in a round led by NewSpring Capital Inc. to support product development, growth and customer demand. Founded in 2010, Venn describes itself as a pioneer in what it calls the “secure bring-your-own-PC” field with technology designed to facilitate and ...
Cyware raises $30M to fuel growth of its AI-powered ‘cyber fusion’ platform
Cybersecurity startup Cyware Labs Inc. announced today that it has raised $30 million in new funding to fuel further growth, accelerate channel business and strategic alliances and expand its global footprint. Founded in 2016, Cyware offers what it describes as an artificial intelligence-powered “cyber fusion” platform for enterprises and managed security service providers that automates threat intelligence ...
‘Causal AI’ company Causely raises $8.8M to automate IT operations
Startup Causely Inc. today announced that it has raised $8.8 million in seed funding to build its “causal artificial intelligence” platform and launch an initial service for applications running in Kubernetes environments. Founded in 2022, Causely offers a platform that automates end-to-end detection, prevention and remediation of critical defects that can cause user and business impact ...
Cybersecurity insurer Corvus implements AI enhancements for streamlined underwriting
Cybersecurity insurance underwriter Corvus Insurance Holdings Inc. today said it has added generative artificial intelligence enhancements to its underwriting platform to improve quoting speed and efficiency. The AI enhancements have been integrated into Corvus’s proprietary Risk Navigator platform to provide a more streamlined and automated workflow for underwriters. The AI-driven features introduced by Corvid use large language ...
BlackBerry shares surge on strong earnings and revenue
Shares in BlackBerry Ltd. surged in late trading today after the Canadian software company smashed earnings and revenue estimates in its most recent quarter. For its fiscal first quarter that ended May 31, BlackBerry reported earnings before costs such as stock compensation of six cents per share on revenue of $373 million, the latter up ...
Zimperium report finds a 187% increase in fully exploited mobile devices
A new report from mobile security platform provider Zimperium Inc. finds increasing vulnerabilities in the mobile landscape and an expanding attack surface created by the rapid adoption of mobile devices and apps. The company’s Global Mobile Threat Report 2023 digs into the growing security challenges faced by mobile-powered businesses and the need for stronger mobile security ...
New report highlights security vulnerabilities in open-source AI projects
Generative artificial intelligence, through generative pre-trained transformers and large language models, have surged in popularity, but often lacking in the broader discussion around the sector are the security implications it brings to the table. A new report from software supply chain security platform Rezilion Inc. released today looks into that very problem, identifying several security ...
‘Anatsa’ malware targets banking users in US, UK and Central Europe
A mobile malware campaign targeting banking apps has been observed targeting users in the U.S., the U.K. and Central Europe. Dubbed “Anatsa” by researchers at ThreatFabric B.V., the banking Trojan is distributed through malicious apps in the Google Play Store and is estimated to have had over 30,000 installations since March. Anatsa has advanced device-takeover ...
Data stolen in hack of spyware provider LetMeSpy
LetMeSpy, a provider of spyware for mobile devices, has been hacked, resulting in the theft of data from users and the victims they spied on. The service, as the name suggests, is “stalkerware,” a form of software that can be used to spy on a mobile device. In LetMeSpy’s case, the company pitches itself as ...
Detectify launches new integrations platform to enhance security operations
External Attack Surface Management startup Detectify AB today announced a new integrations platform aimed at empowering and enhancing flexibility for security teams. The new platform opens Detectify to fast and simple integrations, allowing teams to leverage highly accurate data from its hacker-powered EASM platform into the tools of their choice without disrupting their workflows. “Hacker-powered” refers ...