The U.S. Securities and Exchange Commission is cracking down hard on cryptocurrency companies, warning about pending action Coinbase Global Inc. and taking action against those behind several tokens and their celebrity endorsers. Coinbase, the biggest cryptocurrency exchange in the U.S., was issued with a Wells notice, a warning that the SEC had identified potential violations ...

LiquidStack Holding B.V., a startup providing liquid immersion cooling for data centers, today announced that it has received funding from Trane Technologies PLC to support the adoption of its solutions and significantly reduce data center carbon footprint, water consumption, electronic waste and environmental impact. Trane is a manufacturing company focused on sustainable heating, ventilation and air ...

Butlr Technologies Inc., which styles itself an “artificial intelligence of things” startup, today announced that it has raised additional funding from Qualcomm Ventures LLC and launched the next generation of its Heatic wireless sensors. Founded in 2019 as a spinoff from the MIT Media Lab, Butlr offers a people monitoring platform that uses body heat to detect occupancy, ...

Cybersecurity firm XM Cyber Inc., owned since November 2021 by Schwarz Group, today revealed that it has acquired attack interception cybersecurity firm Confluera Inc. for an undisclosed price. Founded in 2018, Confluera’s platform offers real-time attack interception and defense by deterministically identifying complex, multistage attacks. The platform tracks all activities within an enterprise’s infrastructure, malicious or benign, to ...

Italian vehicle manufacturer Ferrari S.p.A. has disclosed that it has suffered a “cyber incident” that involved a threat actor with a ransom demand related to certain client contact details. Upon receipt of the ransom demand, the company launched an investigation with an outside cybersecurity firm. Ferrari said Monday it has also contacted relevant authorities, saying ...

Cybersecurity firm Sophos Group plc today announced a partnership with cybersecurity insurance provider Cowbell Cyber Inc. to provide businesses with an easier way to access cyber insurance. The partnership will allow Sophos customers to directly share their security health information with Cowbell to facilitate optimal premium quotes and policies and gain access to Cowbell insurance through the Sophos Marketplace. ...

Adaptive and autonomous security access solutions startup Oleria today launched with $8 million in funding raised from Tapestry Venture Capital LLC and angel investors, including chief executive officers and chief information security officers of prominent tech and security companies. Founded by former Salesforce Inc. Chief Trust Officer Jim Alkove (pictured) and identity solutions product executive and ...

A new report out today from Palo Alto Networks Inc.’s Unit 42 finds that ransomware and extortion actors are using more aggressive tactics to pressure organizations, with harassment involved 20 times more often in ransomware attacks than in 2021. The 2023 Unit 42 Ransomware and Extortion Report found that ransomware harassment is typically carried out via ...

The National Basketball Association is the latest organization to suffer a data breach, with fan data stolen following the hack of a third-party newsletter service provider. The association started informing affected fans last week, only describing the data theft as an “incident” they are sorry for. The data stolen from the unnamed third-party provider included ...

A previously little-documented attack group based in Southeast Asia has been actively targeting companies worldwide to steal data using new forms of malware. Tracked as “REF2924” by researchers at Elastic Security Labs, the security research arm of Elastic Inc., the group is notable for the malware it has created, the researchers said today. The first new malware ...