Security startup Trinity Cyber Inc. said today it has raised $23 million in funding from Intel Capital to build out a service it claims is an entirely new approach to cybersecurity: stealth interception of external threats. Founded in 2016, Trinity Cyber offers technology-enabled operations that actively prevent attacks. Acting as an addition to traditional cybersecurity offerings, the ...

Data relating to more than 100 million Capital One Financial Corp. customers has been stolen after a misconfigured firewall enabled a hacker to access the data stored in the cloud. The data breach, one of the largest of a big bank, took place between March 12 and July 17 but only came to light after the alleged ...

Uber Technologies Inc. laid off a third of its global marketing employees today, the first cuts the company has made to its staff since going public in May. Some 400 people in Uber’s marketing department were let go out of a total of 1,200 employees in the group, but that was only a small cut in ...

Recent policy changes intended to improve Facebook Inc.’s photo and video sharing service Instagram may have backfired, as young users switch to business accounts that force them to disclose personal information to the public. Instagram started removing “like” count from posts as part of a trial in May in Canada before extending that trial to Ireland, Italy, ...

Louisiana today took the rare step of declaring a state of emergency following multiple ransomware attacks on schools in the north of the state. The ransomware attacks, first detected on July 23, encrypted data on school computer systems in the Parishes of Oachita (City of Monroe School District), Morehouse and Sabine. Phones, files and computer ...

Some residents of Johannesberg, South Africa, have been left without power after the city’s electricity supplier was struck by ransomware. City Power, the local power company was struck by an unnamed form of ransomware on Thursday morning local time, encrypting all of its databases and applications in the process an affecting most of its network. ...

Facebook Inc. co-founder Chris Hughes is working with the U.S. government on how to break up the company, according to a new report Thursday from the New York Times. Hughes (pictured) is said to be collaborating with two leading antitrust academics, Scott Hemphill of New York University and Tim Wu of Columbia University, and has met with the ...

Two health-tech companies that went public Thursday showed there’s still a willing audience for tech-related initial public offerings, as both enjoyed a price pop on their debuts. Livongo Health Inc., a Silicon Valley-based digital health company that offers smart, connected devices for personalized digital guidance, went public on the Nasdaq exchange at $28 per share and ...

The New York State Department of Financial Services has established a new division specifically tasked with licensing and overseeing cryptocurrency startups. The new Research and Innovation Division has been established to formally “support internal transformation and market innovation” within the state. Along with licensing and industry supervision, the division has been tasked to assess new ...

A new report from Unit 42, the threat intelligence team at Palo Alto Networks Inc. has uncovered 34 million vulnerabilities across leading cloud service providers, highlighting that organizations are struggling with securing cloud installations. Released today, the Cloudy with a Chance of Entropy report analyzed data from January 2018 to June 2019 to uncover the ...