Venture capital exits slowed to a halt as the rest of the market continued to struggle, according to a first look at the fourth-quarter PitchBook-NVCA Venture Monitor released ahead of a full report next week. For the full year, angel and seed stage deal activity continued to buck the overall downward market trend, with $21 ...

Security intelligence firm LogRhythm Inc. today announced a series of expanded capabilities and integrations that propel its service’s ability to be a much-needed force multiplier for security teams who are expected to confidently, effectively and efficiently defend against cyberattacks. Following the launch of the cloud-native security operations platform Axon in October, LogRythm is introducing new visualizations and analytics ...

Two cryptocurrency-related companies have announced significant job cuts as the effects of both the collapse of FTX Trading Ltd. and the broader macroeconomic outlook continue to hit the industry particularly hard. Leading the list today was an announcement from New York Stock Exchange-listed cryptocurrency banking platform Silvergate Capital Corp. The company said that it was ...

Cloud security startup Netskope Inc. said today it has raised $401 million in new funding through convertible notes to boost its platform development and expand go-to-market activities. Morgan Stanley Tactical Value led the convertible note raise, with Goldman Sachs Asset Management, Ontario Teachers’ Pension Plan and CPP Investments also participating. Founded in 2012, Netskope offers a Secure ...

Security researchers at Symantec today detailed a new cybercrime group that’s actively targeting the financial sector in Francophone countries in Africa. Dubbed “Bluebottle,” the group is said to make extensive use of Living off the Land, dual-use tools and commodity malware, with no custom malware deployed. A LotL attack is a cyberattack where intruders use ...

Data relating to more than 200 million Twitter Inc. users have been published on a hacking forum two weeks after data relating to 400 million Twitter users was offered for sale on the same forum. The data is available to download from BreachForums, the successor site to the now-shuttered RaidForums. The listing describes the data as a “DB/Scrape Leak,” ...

Burger chain Five Guys Enterprises LLC has disclosed a data breach that resulted in the theft of personally identifiable information of job applicants at the company. The disclosure came via a form letter dated Dec. 29 filed with the Montana Department of Justice. The letter describes a security incident that involved unauthorized access to files ...

Updated with letter to employees from CEO Andy Jassy: Layoffs at Amazon.com Inc. will affect more than 18,000 employees, far more than the original figure of 10,000 given by Chief Executive Andy Jassy, according to sources quoted by the Wall Street Journal and later announced to employees by Jassy. Jassy said in a letter in ...

Three U.S. federal bank regulatory agencies have issued a joint statement highlighting the risks of crypto-asset risks to banking organizations. The statement, issued today by the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency, describes key risks associated with crypto-assets and ...

Cybersecurity firm Check Point Software Technologies Ltd. has extended a collaboration with Intel Corp. to offer enhanced anti-ransomware capabilities for Check Point Harmony customers. Under the collaboration, the Intel vPro platform’s threat detection technology will be available within Check Point Harmony Endpoint. The pairing provides enterprises with processor-level anti-ransomware security at both the hardware and ...