Shares in BlackBerry Ltd. dropped nearly 2% in late trading today after the company missed estimates for its outlook, even though it reported earnings and revenue beats in its fiscal third quarter. For the quarter that ended Nov. 30, BlackBerry reported adjusted earnings per share of one cent, up from a loss of one cent ...

Internet of things security startup Phosphorus Cybersecurity Inc. today announced that it has raised $27 million in new funding to expand its research and development and market outreach for its so-called Cyber-Physical Systems Protection Platform. Founded in 2017, Phosphorus offers what it calls a United xTended IoT Security Management platform for unified security and device management. With a ...

Private equity investments into startups in 2024 are predicted to see significant strategic shifts, including the rise of continuation funds, longer holding periods due to the challenging exit environment, and an increase in founder-owned company deals, according to the 2024 U.S. Private Equity Outlook report published today by PitchBook Data Inc. The report comes as 2023 ...

Researchers have published details about a new attack method that exploits a vulnerability in the Secure Socket Shell or SSH networking protocol that raises concerns about the security of data transmissions across networks. Dubbed a “Terrapin Attack” by researchers Fabian Bäumer, Marcus Brinkmann and Jörg Schwenk, the vulnerability allows attackers to manipulate sequence numbers in SSH ...

An international police operation targeting online financial crime held over six months has concluded with almost 3,500 arrests and the seizure of $300 million in assets across 34 countries. The operation, called HAECHI IV, ran from July through to this month and targeted seven types of scams: voice phishing, romance scams, online sextortion, investment fraud, ...

A new report released today by cybersecurity software provider Qualys Inc. finds that in 2023, fewer than 1% of vulnerabilities contributed to the highest risks and were routinely exploited in the wild. The 2023 Threat Landscape Year in Review report details key insights from the vulnerability threat landscape, the top vulnerability types and other related data, ...

Cybersecurity startup Halcyon Tech Inc. today announced that it had raised $40 million in new funding to expand the company’s engineering, research and development and sales functions. Founded in 2020, Halcyon offers multilayered prevention and endpoint resilience with automated encryption key material capture and autonomous decryption capabilities. The platform is designed to give organizations peace of mind, ...

Australian enterprise cybersecurity firm Kasada Pty Ltd. today launched an enhanced bot defense platform that offers what it says are always-evolving protection, tamper-proof data collection and augmented data-driven attack insights. The new bot engine has been designed to address issues with traditional bot detection systems that have not kept pace with automated threats. Kasada argues that traditional ...

Artificial intelligence weather forecasting platform startup Excarta today announced that it has raised $2.5 million in new funding to commercialize its weather forecasting platform. Founded in 2022, Encatra is developing an AI-empowered business-targeted weather forecasting platform that allows businesses to produce highly accurate, high-resolution weather forecasts for the parameters they care about to gain greater efficiencies ...

Cloud incident response company Mitiga Security Inc. today released a new cybersecurity solution that provides instant clarity on all multicloud and software-as-a-service activities through a single pane of glass. Called Investigation Workbench, the solution has been designed to address the need for enterprises to report material cybersecurity incidents within four days as now required by the U.S. ...