A new report from DocSend Inc., a Dropbox Inc. company, finds a widening gap between founder and investor activity amid the ongoing downturn in the venture capital funding industry. The downturn in venture capital funding has been well-documented. Just last week, a report from Crunchbase Inc. detailed that VC funding fell 49% in the second quarter ...

A new report published by cybersecurity startup SlashNext Inc. today warns that cybercriminals are using generative artificial intelligence, including a custom-built tool, to undertake nefarious activities. The rise of AI over the last year has been well-documented, but often ignored is that the sophistication of AI has also introduced a new vector for business email compromise attacks. ...

Israeli cloud cybersecurity startup Orca Security Ltd. today filed a lawsuit against its Israeli rival Wiz Inc. claiming that Wiz has infringed its patents. The suit, filed in the U.S. District Court, District of Delaware, claims that Wiz built its business on infrastructure that Orca had first developed and, in doing so, intentionally violated Orca’s intellectual property. The ...

Software supply chain company JFrog Ltd. today launched JFrog Curation, an automated DevSecOps solution that checks and blocks infected open-source or third-party software packages and their dependencies before they enter a company’s development pipeline. With a large proportion of modern software development relying heavily on open-source libraries, JFrog Curation has been designed to tackle the security risks open-source ...

Third-party risk management companies ProcessUnity Inc. and CyberGRX Inc. announced today they will merge to create a comprehensive software and data platform designed to enhance identifying, assessing, analyzing and reducing risk within clients’ ecosystems. The merged companies said they will offer the combined capabilities of a best-in-class TPRM workflow platform and the world’s largest global cyber risk ...

Crowdsourced cybersecurity startup Bugcrowd Inc. has today released a new report that found hackers are more skeptical than Silicon Valley investors when it comes to artificial intelligence. Bugcrowd’s annual Inside the Mind of a Hacker report found that more than half of respondents, 55%, said that AI could already outperform hackers or will be able to do ...

Researchers at cybersecurity firm Wiz Inc. today detailed a newly discovered Python-based fileless malware that’s targeting cloud workloads. Dubbed “PyLoose,” the attack is said to be the first publicly documented Python-based fileless attack targeting cloud workloads in the wild. A fileless attack does not rely on traditional executable files to carry out an attack but instead exploits tools ...

Cybersecurity firm Sophos Group plc today announced a new partnership with risk mitigation company Cysurance LLC to provide fixed-price cyber insurance to Sophos’ managed detection and response customers in the U.S. Cyber insurance isn’t new. Sophos, for example, already has a relationship with Cowbell Cyber Inc. to provide its customers with cyber insurance. However, the policies offered under ...

A new report today from cybersecurity recruit firm Pinpoint Search Group finds that venture capital funding of cybersecurity startups plummeted 55% in the second quarter of this year from a year ago. Pinpoint tracked 115 funding and merger and acquisition transactions in the cybersecurity sector in the second quarter, with the total coming in at $1.9 billion, ...

Payments processing provider Checkout.com Inc. today launched its first product focused on improving the customer onboarding and identity verification process. Checkout.com’s new Identity Verification service uses artificial intelligence trained on billions of identity and facial recognition documents. The solution leverages an in-depth list of identification documents from 195 countries, enabling the Identity Verification service to verify nearly every ...