Italian luxury fashion brand Moncler SpA has been struck by a ransomware attack that has resulted in the publication of stolen data. The ransomware attack occurred in December, with the data stolen in the attack appearing this week on the dark web, a shady corner of the internet for illicit activity. A group by the ...

U.S. President Joe Biden today signed a national security memorandum that sets new cybersecurity requirements for National Security Systems run by the Department of Defense and the country’s intelligence agencies. The order states that NSS requirements must meet or exceed the standard laid out for civilian federal agencies as detailed in an executive order signed ...

Cloud cybersecurity startup Orca Security Ltd. today acquired Israeli web application security firm RapidSec Ltd. for an undisclosed price. Founded in 2020, RapidSec offers a software-as-a-service platform designed to provide rapid web security in a self-service manner. Pitched as helping customers quickly improve their web security posture, the service generates strong security headers and content-security policy, or ...

Password management software provider 1Password today said it has raised $620 million in new funding, the largest amount of funding ever raised by a Canadian company, to develop and scale up its security solutions. ICONIQ Growth led the Series C round. Accel, Tiger Global and Lightspeed Venture Partners also participated in the round. The round was raised ...

Israeli cloud-native data security startup Polar Security launched out of stealth mode today with $8.5 million in funding. Glilot Capital Partners led the round. Also participating were IBI Tech Fund and angel investors, including Cloud Security Alliance founder and Chief Executive Jim Reavis, former RSA Chief Technology Officer Tim Belcher, former Qualys Inc. President Ann Johnson ...

Artificial intelligence-powered support automation platform startup Capacity disclosed today that it has raised an additional $27 million in new funding to improve its support automation platform. The additional funding was an extension of a Series C round previously announced in October 2020 that Rice Park Capital Management led. The new investor is Capacity founder and Chief Executive ...

Symphony Technology Group has launched Trellix, a new business that combines the previously STG-acquired McAfee Enterprise and FireEye. The new business will deliver extended detection and response or XDR to organizations focusing on accelerating technology innovation through machine learning and automation. The new name is said to evoke the structure of a trellis, a safe and robust ...

Digital contract management software startup Ironclad Inc. revealed today that it has raised $150 million in new funding to scale up its digital contracting platform. Franklin Templeton led the Series E round with BOND, YC Continuity, Emergence, Lux, Haystack, Accel and Sequoia Capital also participating. The round was raised on a $3.2 billion valuation. Including the new ...

Crowdsourced cybersecurity platform startup Bugcrowd Inc. today released a new report that spotlights the key cybersecurity trends of the past year. The 2022 Priority One report covers the rise in the adoption of crowdsourced security thanks to the global shift to hybrid and remote work models and the rapid digital transformation associated with it. The ...

Continuous verification startup Verica Inc. announced today it has raised $12 million in new funding to expand its product roadmap, build out enterprise-class features and scale up its go-to-market activities. Intel Capital led the Series A round, with True Ventures and Mango Capital also participating. Including the new funding, Verica has raised $17 million to date. Founded in 2018, ...