Cryptocurrency investors were given false hope today that the U.S. Securities and Exchange Commission had approved bitcoin exchange-traded funds after the official SEC X Inc. (Twitter) account was allegedly compromised and a tweet appeared saying that approval had been given. The compromised account tweeted, “Today the SEC grants approval for #Bitcoin ETFs for listing on ...

Security ratings firm SecurityScorecard Inc. today announced the industry’s first security ratings developed exclusively for telecommunications, internet service providers and cloud providers. Created in partnership with wireless providers to address industry feedback and requests for a tailored approach, the new ratings include new industry-specific scoring that accounts for industry-specific factors, such as open DNS resolvers. The new ...

A new report released today by industrial cybersecurity firm Nozomi Networks Inc. details previously unknown vulnerabilities in a pneumatic torque wrench used in automotive product lines that could be used to cause production line stoppages and potentially large-scale financial losses to asset owners. The vulnerabilities reside in the Bosch Rexroth NXA015S-36V-B smart nutrunner, a popular pneumatic torque wrench. Pneumatic ...

A new report today from cybersecurity recruitment firm Pinpoint Search Group has found a rise in the number of cybersecurity companies funded in 2023 but a less surprising fall in the amount of funding raised. The Pinpoint U.S. 2023 Cybersecurity Funding report found 437 transactions in the cybersecurity market, totaling $8.7 billion across 346 funding rounds and ...

U.S. mortgage lender LoanDepot Inc. is the latest company to be hit by a cyberattack that affected internal systems and caused disruption for customers. The attack reportedly occurred over the weekend, with the company officially disclosing the attack in an 8-K filing with the U.S. Securities and Exchange Commission. In the filing, LoanDepot describes the ...

The MC² Security Fund, an affiliate of investment firm The Chertoff Group LLC, has acquired cybersecurity company Trustwave Holdings Inc. for an undisclosed price. Founded in 1995 and owned by Singapore telecommunications giant Singtel Holdings Ltd. following a $810 million acquisition in 2015, Trustwave offers a suite of cybersecurity services, including managed detection and response, managed security services, cyber advisory, ...

Email security provider Mimecast Ltd. announced today that it has acquired human risk management solutions startup Elevate Security Inc. for an undisclosed price. Founded in 2017, Elevate Security offers a human risk platform designed to help enterprises proactively identify and safeguard their riskiest users. The platform offers risk intelligence and risk intervention, allowing security teams ...

An X Corp. account belonging to Google LLC-owned cybersecurity firm Mandiant was hacked on Wednesday and used to promote a cryptocurrency scam. The scammer who took control of the account on X, still generally known as Twitter, spread a cryptocurrency scam while pretending to be the Phanton crypto wallet, with a message claiming that a ...

Automation platform startup Vigilant Ops Inc. has raised $2 million in seed funding from DataTribe Capital LLC to expand the capabilities of its InSight platform across critical infrastructure industries. Founded in 2019, Vigilant Ops provides solutions for the generation, management and vulnerability monitoring of software bills of materials or SBOMs. The company’s platform is used ...

Security intelligence firm LogRhythm Inc. today announced a number a new innovations designed to prioritize speed and efficiency for agile and high-performing security teams. Dedicated to optimizing the efficiency of security operation center teams and analysts, the new innovations are focused on seamless integration and broad case management improvements. The latest additions to the LogRhythm platform provide a ...