Shares in identity and access management company Okta Inc. dropped today as it provided more details about the company’s data breach, as the mastermind behind the Lapsus$ ransomware gang that had taken credit for the data breach was reported to be a 16-year-old boy from the U.K. As reported yesterday, both Okta and Microsoft Corp. ...

Styra Inc., the creator and maintainer of Open Policy Agent, an open-source engine for unifying and enforcing policies across computing environments, today released a new report on how cloud-native software application adoption is shifting security responsibility across teams. The “2022 Cloud-Native Alignment Report” looks at how information technology decision-makers and developers are in sync or misaligned when ...

Security researchers at Splunk Inc. have studied how quickly common forms of ransomware can encrypt 100,000 files, and the results are disturbing for companies trying to respond and mitigate attacks. Studying 10 major ransomware strains, including Lockbit, REvil and Blackmatter, the researchers found that the median ransomware variant can encrypt 100,000 files totaling 53.93 gigabytes ...

Zoom Video Communications Inc. today introduced native avatars for users who don’t want to appear on the screen during a call. Available for Zoom Meetings and Zoom Webinar, Avatars replace a user’s appearance with a virtual animal that mirrors head movements and facial expressions. Although Zoom describes the avatars as an easy and entertaining way ...

Yuga Labs Inc., the creator of leading nonfungible tokens such as the Bored Ape Yacht Club, today said it has raised $450 million in funding for its planned joint ventures and partnerships. The seed round — that’s not a typo — was led by a16z crypto, venture firm Andreesseen Horowitz’s new fund. Also participating in the ...

F-Secure Corp. today revealed its new brand for its corporate security business ahead of a move to split its business into two companies later this year. The new company will be known as WithSecure. The name was picked to reinforce the belief that facing cybersecurity challenges together produces far better results than trying to protect ...

Symphony Technology Group today launched Skyhigh Security, a new portfolio company that includes services that were previously part of McAfee Enterprise. The announcement is the final part of a reorganization by STG after it purchased FireEye for $1.2 billion in June and McAfee Enterprise for $4 billion in March 2021. FireEye and parts of McAfee Enterprise were merged ...

Marketing software firm HubSpot Inc. has been hacked, resulting in a data breach at several leading cryptocurrency-related companies. According to HubSpot, the hack occurred on March 18 and involved a bad actor compromising an employee account. HubSpot did not disclose how the compromise took place, saying only that their investigation is still underway. Fewer than ...

U.S. President Joe Biden today once again warned of the need to improve cybersecurity amid a warning that Russia may be exploring options for potential cyberattacks in response to sanctions placed on the country. The president said in a statement that the administration has worked to strengthen national cybersecurity defense, including mandating extensive cybersecurity measures ...

Application security testing startup ForAllSecure Inc. today announced it has raised $21 million in new funding to accelerate growth and fuel product innovation. Koch Disruptive Technologies and New Enterprise Associates co-led the Series B round. Including the new funding, ForAllSecure has raised $36 million to date. Founded in 2012, ForAllSecure has as its mission to test the world’s ...