The U.S. government has issued an alert about a little-known data extortion group actively targeting businesses. The June 1 alert from the Federal Bureau of Investigation, the Cybersecurity and Infrastructure Agency, the Department of the Treasury and the Financial Crimes Enforcement Network details a group known as Karakurt Team and Karakurt Lair. Karakurt uses a variety ...

The weakening economy doesn’t appear to be hurting demand for cybersecurity services, as three cyber leaders today beat quarterly expectations: Okta Inc., CrowdStrike Holdings Inc. and Secureworks Corp. For the quarter ended April 30, Okta reported a loss before costs such as stock compensation of $43 million, or 27 cents per share, up from a ...

Enterprise data backup provider Clumio Inc. today announced the availability of a new cost-effective air gap ransomware protection solution, Clumio SecureVault Lite, for Amazon Web Services Inc. EC2 compute service and its EBS elastic block storage service. SecureVault Lite is pitched as allowing enterprises to no longer have to choose between ransomware protection and cost reduction. Clumio’s new ...

Cybersecurity asset management and governance startup JupiterOne Inc. today announced it has raised $70 million in new funding to grow go-to-market capabilities, expand engineering investments and boost product development. Tribe Capital led the Series C round, with Alpha Square Group, Sapphire and Bain Capital Ventures also participating. The round was raised on a valuation of more than ...

Security platform company ReliaQuest LLC today announced a deal to acquire threat intelligence startup Digital Shadows Ltd. for $160 million. Founded in 2011, Digital Shadows offers a threat intelligence platform designed to assist organizations in protecting themselves against cyberattacks, loss of intellectual property and a loss of brand reputation and integrity. The platform was built ...

A former employee of the nonfungible token marketplace OpenSea has been arrested and charged on allegations of NFT insider trading. Nathaniel Chastain, a former product manager at the company, is accused of wire fraud and money fraud by using confidential information about what NFTs would be featured on OpenSea’s homepage for his personal financial gain. ...

Enterprise search technology firm Elastic N.V. saw its share price rise in late trading after delivering stronger-than-expected fiscal fourth-quarter results. For the quarter ended April 30, Elastic reported a loss before costs such as stock compensation of $7.9 million, or 16 cents per share, double the loss a year ago. Revenue rose 35%, to $239.4 million. Analysts had ...

Shares in MongoDB Inc. rose in late trading after the database software company smashed earnings expectations. For the fiscal first quarter ended April 30, MongoDB reported a profit before costs such as stock compensation of $15.2 million, or 20 cents per share, reversing a loss of $3.9 million, or six cents per share, in the same ...

New research from threat intelligence firm ReversingLabs Inc. reveals that software development teams are increasingly concerned about the risk of supply chain attacks and tampering, but only a third say they effectively vet the security of developed and published code for tampering. The typical vector of software supply chain attacks is the exploitation of security flaws ...

Application programming interface security startup Traceable Inc. today announced new capabilities for its API Catalog to allow organizations to overcome challenges with API discovery and risk assessment. The API Catalog enhancements seek to address the importance of being able to inventory assets, a bedrock of every security program. Traceable AI argues that security leaders need to discover ...