The Rust Foundation, which supports the development of the popular open-source Rust programming language, announced today that it’s establishing a dedicated security team. The foundation’s security team includes dedicated staff resources enabling it to create and implement security best practices. The first initiative for the new team will be to undertake a security audit and threat modeling ...

Mobile DevSecOps and vulnerability management startup Kryptowire Inc. today revealed that it has changed its name to Quokka Inc. and announced a new mobile security product developed to meet new challenges presented by the shift to remote work. Founded in 2011, Kryptowire had its roots in funding from the U.S. Defense Advanced Research Projects Agency and ...

Procurement platform Zip, run by Greenbax Inc., and digital contract management startup Ironclad Inc. today announced a strategic partnership and new integration that they say will provide customers with a unified procurement experience across their platforms. The two-way integration enables employees to initiate a spending request through Zip that is then automatically routed, along with the accompanying contract, ...

Alphabet Inc.’s spun-off health science company Verily Life Sciences LLC has raised $1 billion in a round led by Alphabet to support the expansion of its businesses focused on precision health. Founded in 2015 from Google X’s Life Sciences group, Verily aims to fulfill the promise of precision health. The company is focused on processing and ...

U.S. Securities and Exchange Commission Chair Gary Gensler has reiterated today that he continues to believe that cryptocurrencies are securities but said he would support Congress giving oversight for the industry to the Commodity Futures Trading Commission. The comments by Gensler (pictured) came during a wide-ranging interview with former Secretary of Commerce Penny Pritzker at ...

Shares in machine learning cybersecurity firm Darktrace PLC plunged in trading in the U.K. today after the cybersecurity company said acquisition talks with private equity firm Thoma Bravo had been terminated . Thoma Bravo, a voracious private equity firm that has snapped up various cybersecurity and other companies previously, was first reported to be in talks to acquire ...

Shares in Zscaler Inc. surged in late trading after the cybersecurity company delivered an earnings beat and a better-than-expected outlook. For its fiscal fourth quarter ended July 31, Zscaler reported a profit before costs such as stock compensation of $36.4 million or 25 cents per share, up from $20.3 million or 14 cents per share in ...

The idea that medical devices can be hacked for nefarious purposes may sound like something out of movies, but as more and more devices provide connectivity, the risk is exponentially growing. In a newly published report, researchers at Rapid7 Inc. have detailed vulnerabilities in two TCP/IP enabled medical devices produced by Baxter Healthcare Inc., a ...

Blockchain gaming platform startup Animoca Brands Corp. Ltd. said today it has raised $110 million in new funding to support its mission to deliver digital property rights to users, including creating a new asset class — play-to-earn economies — and a more equitable digital framework. Investors in the round include Boyu Capital, Singapore’s Sovereign Wealth Fund Temasek and GGV ...

InterContinental Hotels Group PLC, the owner of hotel brands such as Holiday Inn, Crowne Plaza and Regent, has been hit by a cyberattack that resulted in its booking systems being knocked offline. In a statement filed Sept. 6 with the London Stock Exchange, IHG described the issue as its technology systems being subject to “unauthorized ...