Application security startup Contrast Security Inc. has raised $150 million in new funding to meet growing demand, further gain market share with accelerated global expansion plans and provide the company with additional flexibility to execute on strategic opportunities and acquisitions. Liberty Strategic Capital led the Series E round. Also participating were Warburg Pincus, Battery Ventures, General ...

Breach and attack simulation startup SafeBreach Inc. had today announced that it has raised $53.5 million in new funding to fuel the company’s plans to expand its market footprint to new geographies and evolve its offerings in response to client needs. Sonae IM and Israel Growth Partners led the Series D round. Also participating in the round ...

REvil ransomware gang members and affiliates have been arrested across the globe as law enforcement and authorities continue to target ransomware operators. Confirming what had been suspected since REvil announced it was shutting down on Oct. 18, the U.S. Department of Justice said two foreign nationals linked to REvil were arrested last month. The indictment, only ...

Robinhood Markets Inc. has suffered a data breach, with the details of about 7 million customers stolen. The company said in a blog post that the “data security incident” was detected on Nov. 3 and involved an unauthorized third party obtaining access to personal information for a portion of customers. While not providing specific details, ...

The U.S. Department of State is offering a reward of up to $10 million for information leading to identifying or locating any individuals who hold key leadership positions in the DarkSide ransomware gang. In addition, the State Department is also offering a reward of up to $5 million for information leading to the arrested or ...

It was a solid day for security-related companies across equities markets, as Fortinet Inc., Cloudflare Inc., NortonLifeLock Inc. and Netscout Systems Inc. today reported better-than-expected quarterly earnings results. Fortinet For the quarter ended Sept. 30, Fortinet reported total revenue of $867.2 million, up 33% year-over-year, while profit before costs such as stock compensation came in at ...

Shares in Square Inc. dropped in after-hours trading today after the financial services company reported lower-than-expected revenue in its latest earnings report. For the quarter ended Sept. 30, Square reported revenue of $3.84 billion, up 27% from $3.03 billion in the same quarter of 2020. Revenue from bitcoin came in at $1.82 billion, up from ...

Uber Technologies Inc. delivered a mixed bag of results in third-quarter earnings, with the ride-hailing giant reporting its first adjusted profit while also having to write down its stake in Didi Global Inc. For the quarter ended Sept. 30, Uber reported revenue of $4.8 billion, up 72% year-over-year and up from $3.93 billion in the ...

A U.S. medical school has been found to be exposing tens of thousands of student records online in the latest case of misconfigured cloud storage. Discovered and detailed today by Noam Rotem and Ran Locar at vpnMentor, the breach involved data that belonged to Phlebotomy Training Specialists. Phlebotomy is the process of using a needle ...

Shares in Rapid7 Inc. hit a record high in after-hours trading today after the cybersecurity company delivered better-than-expected results in its third-quarter earnings report. For the quarter ended Sept. 30, Rapid7 reported revenue rose 33% from a year ago, to $139.9 million. It also reported a profit before costs such as stock compensation of six ...