The Colonial Pipeline Co. ransomware story has taken a new twist, as the company reportedly paid the ransom following a ransomware attack last Friday. Despite claiming that it would be more careful in the future and not target companies in ways that cause “problems for society,” the DarkSide ransomware group came out the winner of an ...

DevOps application security startup ArmorCode Inc. today launched out of stealth mode, announcing $3 million in seed funding to help it realize a goal of democratizing application security. The financing was led by Sierra Ventures and included Tau Ventures, Z5 Capital, Andreas Kuehlmann, who’s chief executive officer of Tortuga Logic Inc. and a former security executive at ...

President Joe Biden today signed an executive order that is aimed at strengthening U.S. cybersecurity defenses. Coming less than a week after pipeline system operator Colonial Pipeline Co. was crippled by a ransomware attack resulting in gas shortages on the U.S. East Coast, the executive order outlines a range of initiatives. They include reducing barriers ...

Newly discovered vulnerabilities in all Wi-Fi-enabled devices going back to 1997 allow an attacker to steal data if they are in range. Found by security researcher Mathy Vanhoef and first published by The Record Tuesday, the vulnerabilities are collectively being called “FragAttacks.” Three of the vulnerabilities are design flaws in the Wi-Fi standard and affect most ...

The price of bitcoin plunged Wednesday after Tesla Inc. founder and Chief Executive Officer Elon Musk said the electric car maker will no longer accept the cryptocurrency as a payment option. The backflip was two months in the making after Telsa announced it had invested $1.5 billion in bitcoin in February and that it would ...

The University of California has released new details on an Accellion-related data breach in December. The data breach, as with many attacks involving the file-sharing firm, involved attackers accessing data hosted by the university via Accellion’s File Transfer Appliance used to transfer large data files securely. Data stolen from UC Berkeley was published online in ...

Apple enterprise management firm Jamf Holding Corp. today announced it has signed an agreement to acquire zero-trust cloud security startup Wandera Inc. for $400 million. Founded in 2012, Wandera offers a unified cloud security solution pitched as protecting the modern workplace. The company enables zero-trust access to all customer applications to secure data and devices against ...

Israeli DevOps security startup Cycode Ltd. announced today it has raised $20 million in new funding to expand sales and marketing efforts and build out its enterprise DevOps tools. The Series A round was led by Insight Partners and included YL Ventures. Including the new funding, Cycode has raised $25 million to date. Founded in 2019 and launched ...

Electric scooter and moped hire startup Bird Rides Inc. is planning to go public via a special-purpose acquisition company, according to a report late Sunday from dot.LA. The deal, which has not been confirmed by the company, reportedly involves Bird merging with Switchback II Corp. That’s a Cayman Islands-registered SPAC that debuted on the New York Stock Exchange March ...

The City of Tulsa, Oklahoma, has been struck by a ransomware attack that has forced it to shut down systems including online services. The ransomware attack was detected on Friday and the city said today in a statement on Facebook that it had shut down various servers, internal programs and the city’s email system out ...