A new report today from Crunchbase Inc. finds that money flowing into venture capital continued to drop in the first quarter as growth investors further scaled back their investment pace amid ongoing worldwide macroeconomic issues. For the quarter that ended March 31, global funding came in at $76 billion, down 53% from the $162 billion invested ...

Cranium.ai Corp., a startup looking to ensure trust and security in artificial intelligence models, today launched as a standalone company from KPMG Studio and raised venture capital funding from SYN Ventures Management L.P. The company is the first startup to come out of KPMG Studio, KPMG International Ltd.’s tech incubator. It helps startup founders test ...

Google LLC’s Threat Analysis Group today released new information on a subset of the North Korean hacking group known as APT43 and what it’s doing to protect users from this group. Detailed in a report from Google-owned Mandiant last month, APT43 was first detected in 2018 and has collection priorities that align with the mission of ...

A U.S. Internal Revenue Service-approved tax filing site called eFile.com has been found to be delivering malware to users for weeks. Suspicions that the site was serving malware first appeared on Reddit on March 18, with confirmation provided by security researcher Johannes Ullrich on April 3. Users reported that while using the site, they were ...

Content delivery network and cloud services provider Akamai Technologies Inc. today introduced an updated managed security service program and introduced a new premium service offering to help protect customers from cyberattacks. The new capabilities help customers protect their businesses round the clock from sophisticated attacks with proactive monitoring and rapid response in the event of a cyberattack. ...

A new report today from big-data analytics company Splunk Inc. reveals that security leaders continue to see an increase in cyberattacks and unplanned outages. According to the Splunk State of Security 2023 report, 52% of organizations say they have suffered a data breach in the past two years, an increase from 49% in 2022 and 39% in 2021. Some 62% ...

Software-as-a-service buying and management solution startup Spendflo Inc. today announced that it has raised $11 million in new funding to fuel product growth and accelerate global expansion with a strong focus on expanding in North America. Founded in 2021, Spendflo offers an all-in-one platform to buy, manage and secure SaaS. Its Buying Hub streamlines the SaaS procurement ...

A new report today from cybersecurity company Netscout Systems Inc. reveals a staggering increase in application-layer and botnet-based direct-path attacks. Netscout’s 5th Anniversary DDoS Threat Intelligence Report found that the number of attacks has jumped by 487% since 2019, with the most significant surge occurring in the second half of 2022. Much of the increase comes from ...

Cybersecurity firm Fortinet Inc. today made several announcements that enhance its offerings in the networking and security markets. The innovations include new products, capabilities and updates to the flagship Network Security Expert Certification program. Leading with unified management and analytics across the entire hybrid network, Fortinet’s latest innovations enable unified management and analytics across its secure networking portfolio. ...

Cybersecurity platform provider Cybereason Inc. today announced that it has raised $100 million in new funding from SoftBank Group Corp. to support its global growth and advance its innovation in extended detection and response, endpoint detection and response and endpoint protection platform solutions. Founded in 2012, Cybereason offers an automated EDR platform that identifies elements of cyber attacks ...