Cybersecurity insurance provider Chubb Group Holdings Inc. is allegedly the latest victim of a ransomware attack. Details of the attack, which came to light today, are somewhat slim. Chubb, which provides insurance to companies targeted in ransomware attacks, said only that it was investigating a potential breach at a third-party provider while claiming that it ...

Airbnb Inc., arguably one of the hardest-hit tech startups during the coronavirus pandemic, today launched a new initiative to provide accommodations for healthcare workers through these troubled times. The global initiative is offering to provide housing to up to 100,000 COVID-19 responders on either a free or  lower-price basis. The offer is open to healthcare professionals, relief workers ...

Plastic container maker Tupperware Brands Corp. is the latest to fall victim to hackers, who stole customer payment details. Discovered by researchers at Malwarebytes on March 20, the attack involved the placement of a fraudulent payment form designed to mimic the official payment form during the checkout process. The form is triggered by malicious code ...

Apple Inc. is considering delaying the launch of its iPhone 12 due to the ongoing coronavirus pandemic, according to a report from the Nikkei Asian Review. The virus-related delay reportedly is the result of weakened consumer demand and reception during the pandemic. Apple traditionally launches its new iPhone models in September or October. But even ...

Online fraud prevention startup Arkose Labs Inc. said today it has raised $22 million in new funding to hire more people and further develop its anti-fraud platform. The Series B round was led by Microsoft’s venture fund, M12, and included previous investors PayPal Holdings Inc. and USVP. Founded in 2016, Arkose Labs aims to “bankrupt the ...

U.K. financial technology startup Revolut Ltd. today expanded its online banking service to the U.S. in partnership with Metropolitan Commercial Bank Corp. The venture capital-funded startup offers a digital banking alternative to traditional banks including support for instant payment notifications, free international money transfers and global fee-free travel withdrawals. Revolut offers a prepaid debit card, currency ...

Telegram Group Inc.’s token sale has suffered a new blow today as a U.S. District Court judge ruled in favor of a temporary restraining order issued by the U.S. Securities and Exchange Commission. The SEC obtained the temporary restraining order against Telegram in October claiming that its 2018 TON blockchain token sale was offered as ...

As the COVID-19 pandemic continues to spread, cybersecurity professionals have never been busier. Despite some reports of cybercriminals encouraging others to not take advantage of the pandemic, others have instead increased the frequency of their attacks. Hospitals treating coronavirus patients and even a medical company preparing to do a trial for a vaccine have been targeted this ...

Data belonging to 538 million users of Chinese microblogging site Weibo has been found for sale of the dark web for a surprisingly low price. Discovered by Chinese blockchain news outlet Jinse March 19, the data was found listed for sale for 0.177 bitcoin ($1,182). ZDNet reported a second listing of the same data for RMB1,799 ($254). ...

Twitter Inc. has become the latest company to withdraw its earnings guidance in light of the unprecedented global COVID-19 pandemic. The company said today that it was withdrawing its revenue and operating income guidance for the first quarter as well as its outlook for expenses, stock-based compensation, headcount and capital expenditures for the full year. While noting that ...