A new report from cybercrime analytics service SpyCloud Inc. finds that the number of data breaches and exfiltrated data from Fortune 1000 companies on the dark web has risen 7% year-over-year, putting organizations at more risk of account takeover, session hijacking, fraud and ransomware. The 2023 Fortune 1000 Identity Exposure Report analyzed the darknet exposure of ...

Quest Software Inc. today released a new version of its software-defined secondary storage solution that protects against data loss and cyberattacks. QoreStor v7.2 has been designed to address the issue where the exponential growth of data has caused information technology organizations to spend more on backup storage, reduce how often they run backups, or leave some data ...

A new ransomware group targeting vulnerabilities in virtual private network appliances has been found that has a unique twist: The ransomware encrypts itself to avoid detection by security software. Discovered by security researchers at Kroll LLC, the ransomware, dubbed “Cactus,” is believed to have first been deployed in March. The ransomware targets known vulnerabilities in ...

NextGen Healthcare Inc., a provider of electronic health record software and practice management systems, has suffered a data breach that resulted in the theft of about 1 million individuals’ records. In an April 28 breach notice to the Office of the Maine Attorney General, the company said the breach occurred between March 29 and April 14 ...

Cryptocurrency exchange Bittrex Inc. today filed for bankruptcy less than a month after being charged by the U.S. Securities and Exchange Commission with operating an unlicensed securities exchange. In its Chapter 11 bankruptcy filing in the Delaware Federal Court, the exchange said it had more than 100,000 creditors, with estimated liabilities and assets of between ...

Shares in Palantir Technologies Inc. surged in late trading after the big-data analytics company beat analysts’ expectations and reported its second profitable quarter. For its first quarter that ended March 31, Palantir reported earnings of five cents a share before costs such as stock compensation, up from two cents in the same quarter of last ...

Google LLC is planning to revamp its core search engine to deliver more “visual, snackable, personal and human” results with a focus on serving young people, according to internal documents obtained by the Wall Street Journal. The shift by Google will, not unsurprisingly in 2023, include results that incorporate generative artificial intelligence as Google’s decades-long ...

The City of Dallas, Texas, has been struck by a ransomware attack that knocked essential services offline, including emergency services systems. The ransomware attack, attributed to the Royal ransomware group, struck the city on Wednesday morning, with local reports suggesting that the city was still struggling to respond to the attack today.  The attack knocked ...

Shares in both Coinbase Inc. and Block Inc. rose in late trading after both crypto-focused companies surprised with earnings and revenue beats for their quarters that ended March 31. Coinbase reported a loss per share of 34 cents on revenue of $736 million. The revenue figure was down 33% from the same quarter of last ...

Shares in Atlassian Corp. fell sharply in after-hours trading today after the Australian software company reported a miss on revenue and increasing costs in its latest earnings report. For its fiscal third quarter that ended March 31, Atlassian reported net income before costs such as stock compensation of $138 million, or 54 cents per share, ...