Ransomware gang REvil has disappeared following pressure from the U.S. government on Russia to act on ransomware groups operating in the country. The REvil ransomware gang, also known as Sodinokibi, dates back to 2018 and is believed to be an offshoot of the now-defunct GandCrab ransomware gang. REvil, in its three years, has been prolific ...

Product-led sales software startup Endgame Labs Inc. announced today that it has raised $12.5 million in new funding to hire more people, invest in research and development, and  build out its product. The Series A round was led by Menlo Ventures and included several other investment firms and individual investors. The funding comes after Endgame had ...

Clothing retailer Guess? Inc. has informed affected customers of a data breach in February that involved the theft of data. The information was detailed in a letter sent to customers, according to Bleeping Computer today, that states it discovered a “cybersecurity incident designed to encrypt files and disrupt business” on Feb. 19. Without Guess using the specific ...

Kaseya Ltd. has released a patch and restored services some 10 days after its software was targeted by the REvil ransomware gang. A patch has been released for Kaseya VSA On-Premises customers and has been deployed to VSA software-as-a-service infrastructure. The VSA 9.5.7a (9.5.7.2994) update fixes three zero-day vulnerabilities, those heretofore undiscovered, that were used ...

SolarWinds Worldwide LLC, the company targeted in a supply chain attack in December, has released a patch after a new vulnerability in its software was actively targeted by a hacking group. The new vulnerability was discovered by Microsoft Corp. and relates to SolarWinds Serv-U Managed File Transfer Server and Server U- Secured FTP. Researchers at ...

Updated: Microsoft Corp. Monday confirmed it has agreed to acquire digital threat management firm RiskIQ Inc. for $500 million. Microsoft said it’s buying the company to “help our shared customers build a more comprehensive view of the global threats to their businesses, better understand vulnerable internet-facing assets, and build world-class threat intelligence.” Founded in 2019, ...

Software maker Kaseya Ltd. may be in more legal trouble following the REvil ransomware attack after former employees have claimed that they warned executives at the company as early as 2017 about critical flaws but no action was taken. The claim comes from five former employees who spoke to Bloomberg, which reported it Saturday. The ...

Samsung Electronics Co. Ltd. is reportedly planning an event on Aug. 11 where it will debut new watches and foldable phones, according to multiple reports. The Aug. 11 date was first reported by Korean Daily last week in a report that claimed that Samsung would debut five new products, including the Galaxy Z Fold 3. ...

This post has been edited to include a comment from Coursera Newly disclosed vulnerabilities in platform services provided by online education provider Coursera Inc. could have exposed user data before being fixed. Discovered by researchers at application security testing company Checkmarx Ltd. and publicized today, the vulnerabilities relate to a range of Coursera application programming interfaces. The ...

Venture capital continued to boom in the second quarter with record numbers for new unicorns, U.S. financing, megarounds and exits, according to the latest quarterly State of Venture Report from CB Insights. The report makes for quite remarkable reading given the numbers involved. Not only has venture capital recovered from a slump in the second ...