Venture capital invested into startups in 2024 is expected to rebound thanks to positive economic signals but only to a level similar to 2020, according to the 2024 U.S. Venture Capital Outlook published early Tuesday by PitchBook Data Inc. The report details that though 2023 held a few surprises, notable among them the collapse of Silicon ...

It has been a busy few days on the cybersecurity front as three notable companies confirmed hacks over the last two days: MongoDB Inc., North Face and Vans owner VF Corp., and mortgage broker Mr. Cooper Group Inc. The first hack, that of MongoDB, was confirmed over the weekend and involved its corporate systems being breached ...

Cybersecurity compliance startup Strike Graph Inc. announced today that it has raised $8.5 million in new funding to assist in market expansion and to further develop its artificial intelligence technology. Founded in 2022, Strike Graph offers a “Trust Operations” platform that helps customers design, operate and measure their security programs without the need for complicated processes, ...

Cybersecurity firm Fortinet Inc. today announced the release of new, integrated operational technology security solutions and services that it says will advance the company’s solutions over the rest of the market. The new solutions include the FortiSwitch 424F, FortiExtender 211F and an enhanced FortiGuard OT Security service designed to connect and protect OT environments. Fortinet argues that ...

Multinational food company Kraft Heinz Co. is investigating a cyberattack that resulted in the alleged theft of data by a ransomware gang. The attack came to light after the Snatch ransomware gang named Kraft Foods as a ransomware victim of their dark web leaks site on Dec. 14. The gang claimed that the attack took ...

New cybersecurity disclosure requirements mandated by the U.S. Securities and Exchange will go into force in coming days, requiring companies to disclose cybersecurity incidents, with some exceptions, within four days of their occurrence. There are two components to the disclosure rules. The first is mandatory cybersecurity incident reporting of “material” incidents. The disclosure of incidents ...

The U.S. Department of Justice today said it indicted four people and arrested two of them for laundering millions of dollars from cryptocurrency investment “pig butchering” scams. Pig butchering scams are a type of cryptocurrency investment scam where fraudsters initially contact potential victims through cold messaging or other methods in an attempt to develop a bond with ...

A new report from mobile security platform provider Zimperium Inc. finds that mobile banking heists continued to increase in 2023, with researchers uncovering 29 malware families that targeted 1,800 banking applications across 61 countries throughout the year. The 2023 Mobile Banking Hesits Report details how banking trojans — a type of malicious software designed to infiltrate banking ...

Cybersecurity company S.C. Bitdefender SRL today debuted a new scam detection service designed to help users verify fraudulent online schemes delivered by email, embedded links, text and instant messaging with assistance from an artificial intelligence-powered chatbot. Called Bitdefender Scamio, the new service is a scam detection chatbot that offers a second opinion on potential fraud attempts by ...

Hacker-powered cybersecurity solutions provider Zerocopter today launched a new marketplace that enables companies to expose vulnerabilities and detect threats more efficiently and affordably. Supported by Zerocopter’s hundreds-strong hacker network, the new marketplace is tailored to businesses of any size and offers a new way of accessing security packages through its software-as-a-service marketplace without requiring lengthy ...