Security compliance startup Vanta Inc. today announced the launch of a new solution designed to enable organizations to accelerate, automate and simplify third-party vendor security reviews and due diligence. Called Vanta Vendor Risk Management, the service features vendor auto-discovery and continuous vendor assessment and remediation workflows. The solution is said to reduce significantly the time and costs ...

Business planning platform startup Pigment SAS today launched a new artificial intelligence-based offering designed to help business teams make faster, more informed decisions. Pigment AI, not surprisingly, brings AI to Pigment’s existing cloud-based business forecasting platform that handles business strategy in real time. The use of AI is said to assist finance, sales and human resources leaders in increasing ...

New data released today by Crunchbase Inc. finds that global venture capital funding continued to decline in April as broader macroeconomic issues, 40-year-high interest rates and the war in Ukraine continue to disrupt global markets. In April, total global venture capital investments dropped 56% year-over-year, with the slowdown affecting all funding stages. Seed funding dropped ...

Apple Inc. and Google LLC today announced a new initiative to address the issue of unwanted tracking using Bluetooth devices such as Apple’s AirTag. The initiative launches with a draft new industry standard that would add the ability to alert both iOS and Android users to any nearby Bluetooth trackers, including those that may have ...

A joint operation coordinated by the European Union Agency for Law Enforcement Cooperation, with support from the U.S. Federal Bureau of Investigation, has resulted in the arrest of 288 dark web vendors. The operation, code-named “SpecTor,” resulted from the previously unknown seizure of a dark web marketplace called Monopoly Market in December 2021. Seizure is the ...

Customer service and support software firm Freshworks Inc. delivered its first-ever quarterly adjusted operating profit as a public company as it beat first-quarter earnings expectations. For the quarter that ended March 31, Freshworks reported net income before costs such as stock compensation of $3.9 million, or three cents per share, up from a loss of $600,000 or ...

A new report released today by phishing detection and response solutions company Cofense Inc. details a staggering rise in credential phishing volume in the first quarter and an overall increase in active threats. In the first quarter, Cofense detected a 527% increase in credential phishing volume from the previous quarter, a shift described as “volatile.” The ...

German information technology services company Bitmarck Technik GmbH has been knocked offline after being hit by a cyberattack on Sunday. The company, a leading provider of IT services to the German healthcare industry, said on its temporary website that the attack had targeted its internal systems. Consequently, it took all customer service, internal systems and ...

The U.S. Federal Bureau of Investigation has requested a funding boost for its cybersecurity and related investigation services while highlighting that Chinese hackers outnumber FBI cyber staff by 50 to one. The request came at a congressional hearing late last week. FBI Director Christopher Wray told the House of Representative Appropriations Committee’s Subcommittee on Appropriations ...

T-Mobile USA Inc. has disclosed yet-another data breach, its second disclosed breach in 2023, and although this one affected fewer than 1,000 customers versus the 37 million affected in the last breach, it’s the eighth data breach since 2018. The latest data breach was discovered in March and affected 836 customers. In an April 28 letter ...