International Business Machines Corp.’s annual X-Force Threat Intelligence Index report released today finds that although ransomware’s share of incidents has declined slightly, defenders were more successful in detecting and preventing ransomware. The report details various aspects of cyberattacks, including how the deployment of backdoors that allow remote access to systems emerged as the top action undertaken ...

Cybersecurity researchers today detailed recently discovered information-stealing malware that is rapidly growing in popularity on dark web marketplaces. Dubbed “Stealc” by researchers at Sekoia ApS, the malware was first spotted being offered for sale in January on a forum by a user going by the name of “Plymouth.” Stealc was advertised as a fully featured and ...

Shares in Palo Alto Networks Inc. rose strongly in late trading after the network management and security firm delivered an earnings beat and lifted its earnings forecast for the year ahead. For its fiscal second quarter that ended Jan. 31, Palo Alto Networks reported net income before costs such as stock compensation of $331.7 million, or ...

Uber Freight LLC, Watt Electric Vehicle Co. Inc. and CHEP today announced their first electric truck pilot program on select routes in Southern California. As part of the pilot program, WattEV will provide electric trucking capacity to Uber Freight shippers, starting with CHEP, which is incorporated as Brambles Ltd. The pilot program is said to serve ...

Qualcomm Technologies Inc. today unveiled a new platform designed to empower developers and enterprises to harness real-time information and data insights so they can accelerate their digital transformation programs. The Qualcomm Aware Platform seeks to address the issue wherein ecosystem fragmentation and system design complexity often prevents “internet of things” deployments from meeting their full potential. ...

Governance, risk and compliance platform startup Scrut Automation today announced that it has raised $7.5 million in new funding to simplify risk management and infosecurity compliance, deepen its risk observability and management capabilities and expand its presence in the U.S. market. Including the new funding, the company has raised $10.5 million to date, according to data from ...

Meta Platforms Inc. plans to offer a new paid subscription program that will allow users of Meta’s services to verify their accounts and obtain other services, in what appears to be the company’s response to Twitter Inc.’s Twitter Blue. Announced today by Chief Executive Officer Mark Zuckerberg on Facebook, Meta Verified allows users to verify ...

The City of Oakland, California, has declared a state of emergency after a ransomware attack on Feb. 8 knocked some of its information technology systems offline. The state of emergency was declared “due to the ongoing impacts of the network outages resulting from the ransomware attack” and allows the city to “expedite the procurement of ...

Snap Inc. revealed today that it has surpassed over 750 million monthly active users and is on track to be only the fourth social networking tool to surpass 1 billion users. The user figures were released at the company’s annual investor day, with Snap walking through a variety of growth statistics. The 750 million MAU ...

Enterprises security startup CommandK Inc. today announced that it has raised $3 million in new funding to assist companies in achieving higher security standards with little to no change management at their end. Lightspeed Ventures Partners LLC led the round, with several angel investors also participating. Founded in 2022, CommandK is building tools that bridge ...