The day after multibillion-dollar financial services company Capital One Financial Corp. disclosed that more than 100 million customers records had been stolen via a poorly secured cloud instance, new ramifications keep on emerging. Now, concerns are being raised in regard to both privacy and cloud security. That’s all the more so because it’s still unknown ...

Identity verification startup Truework today said it has raised $12 million in new funding to scale up its product and engineering teams and expand the scope of its identity platform for consumer and enterprise users. The Series A round was led by Sequoia Capital and included Stanford University, Khosla Ventures, Menlo Ventures and Founder Collective. Founded ...

Updated: Apple Inc.’s earnings beat market expectations today with its latest quarterly report, and the company Steve Jobs built managed to do so despite weak iPhone sales. For Apple’s fiscal third quarter, the company reported $53.8 billion in revenue, up 1% over the same quarter last year. Profit fell 7%, to $2.18 per share, which ...

Attack interception Cybersecurity firm Confluera Inc. announced today that it has raised $9 million in new funding to accelerate its growth and to bring its main cybersecurity product to market. The Series A round was led by Lightspeed and included Microsoft Corp. Chairman John W. Thompson; Frank Slootman, former chief executive officer of ServiceNow Inc; and Lane Bess, former CEO of Palo ...

Data privacy compliance startup DataGrail Inc. today said it has raised $5 million in new funding to accelerate growth and meet increasing demands for a product it describes as privacy as a service. The round was led by existing investor Cloud Apps Capital Partners and included participation from Okta Ventures, the fairly new venture capital fund ...

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 ...