Digital identity network startup ID.me Inc. has raised $100 million in new funding to build out its secure digital identity network by expanding the number of businesses and government agencies it serves. The Series C round was led by Viking Global Investors and included Counterpoint Global (Morgan Stanley), PSP Growth, Lead Edge Capital, CapitalG, WndrCo, Willoughby Capital, ...

Venture capital money continues to flow into the cybersecurity sector amid the COVID-19 pandemic, as Wiz Inc. and Axis Security today said they raised $130 million and $50 million, respectively. Wiz did not specifically name the investors in its Series B round but noted that previous investors included Sequoia, Index and Cyberstarts. The round was raised on a ...

Audio-based social app Clubhouse has attracted headlines and big venture capital rounds, but the service still is available only for Apple Inc.’s iOS devices. Android users have been keen to check the service out, though, and that’s exactly what some scammers are taking advantage of with fake Clubhouse Android apps. A newly discovered fake Clubhouse Android detailed late ...

Hardware and electronics firm Acer Inc. has been struck by REvil ransomware with the ransomware gang demanding a ransom payment of $50 million. The REvil ransomware gang first announced on their data leak site March 18 that they had breached the Taiwanese company and shared some images of allegedly stolen files as proof. Bleeping Computer reported ...

Cryptocurrency exchange Coinbase Global Inc. has been fined $6.5 million by the U.S. Commodity Future Trading Commision to settle allegations that it undertook reckless false, misleading or inaccurate reporting as well as so-called wash trading between 2015 and 2018. Along with the fine, announced Friday, Coinbase is also subject to stop any further violations of ...

The U.S. Federal Bureau of Investigation has delivered its annual internet crime report based on information from 791,790 complaints in 2020, far surpassing 300,000 complaints in 2019. The report found that the top three crimes reported by victims in 2020 were phishing scams, nonpayment or nondelivery scams and extortion. Victims lost the most money to ...

Apple Inc. is on track to start production of a new iPad Pro with a mini-LED display in April, according to the latest investor note from famed Apple analyst Ming-Chi Kuo. According to Kuo, the new iPad Pro, an upgrade from the last model released in March 2020, will be the first Apple product to ...

A recently discovered form of Mac malware is being used to target software developers who use Apple Inc.’s Xcode development environment for macOS. Detailed today by researchers at SentinelOne, XcodeSpy is a malicious Xcode project that installs a custom variant of the EggShell backdoor on the developer’s macOS computer along with a persistence mechanism. Once installed, ...

Security ratings firm SecurityScorecard Inc. today said it has raised $180 million in new funding to accelerate its growth through new product lines, global expansion, a broadening partner ecosystem and additional functionality to assess and mitigate cybersecurity risk. The Series E round included Silver Lake Waterman, funds and accounts advised by T. Rowe Price Associates, Kayne Anderson ...

Investment platform startup Republic has announced it has raised $36 million in new funding to build a system for investors to sell their stakes sooner than the eight to 10 years it usually takes for startups to return money. The Series A round into the company, formally named OpenDeal Inc., was led by Galaxy Interactive and ...