Deception-based cybersecurity startup TrapX Security Inc. said today it has raised $18 million in new funding to expand into new countries and markets. The Series C round was led by Ibex Investors and included previous investors Strategic Cyber Ventures, Liberty Israel Venture Fund, Intel Capital, BRM Group and Opus Capital. TrapX previously raised venture capital in 2015. ...

A dispute between Japan and South Korea over wartime reparations has resulted in the Japanese government imposing export restrictions on high-tech material to South Korea used in smartphones, causing potential supply issues for the world’s largest smartphone manufacturer Samsung Electronics Co. Ltd. The new export controls, effective starting July 4 according to a report Sunday from Reuters, ...

Data relating to a range of Fortune 100 companies has been found exposed on three Amazon Web Services Inc. S3  storage instances belonging to Attunity Inc., a data integration and big data management firm acquired by QlikTech International AB in February. Discovered by researchers at UpGuard Inc. and publicized late last week, the exposed data, which totaled ...

A former Equifax Inc. executive has been jailed for insider trading following an admission that he sold shares in the company after learning it was hacked but before the information was released publicly. Charges against former Equifax Senior Vice President Jun Ying (pictured) came from an investigation launched by the U.S. Department of Justice in September 2017. Ying was formally charged ...

Iran has launched a crackdown on bitcoin mining within its borders after the country said it had recorded an unusual spike in electricity consumption last month. The Islamic republic claimed on television to have seized about 1,000 bitcoin mining machines in two abandoned factories that between them were consuming 1 megawatt of power. According to Radio ...

The price of bitcoin fell as much as $3,300 Thursday as investors took profits following a near-record run that saw the cryptocurrency revisit highs last seen in late 2017. The price slide started after bitcoin peaked at $13,845.89 a little before 4 p.m. EDT Wednesday, seemingly triggered by outages at two cryptocurrency exchanges. But it didn’t stop ...

Security researchers have uncovered a serious vulnerability in Microsoft Corp.’s Excel that exposes around 120 million users to attack. Detailed today by security firm Mimecast Services Ltd., the vulnerability relates to how Power Query, a feature in Excel that is able to pull data from other sources, can be abused. A would-be hacker is able to ...

Technology solutions provider PCM Inc. has been successfully hacked with credentials and data relating to clients stolen. Detailed by Krebs on Security, the hack is said to have been detected in mid-May with those behind the attack able to gain access to client’s email and file sharing services. While better-known for its direct marketing of ...

Apple Inc.’s Chief Design Officer Jony Ive is leaving the company after nearly 30 years to start a new design firm — with Apple as its first customer. Ive first joined Apple in 1992 and in that time designed some of the company’s most iconic products, including the iPod, the iMac, the iPhone, the iPad ...

The price of bitcoin continued to surge Wednesday, breaking through $13,000 and hitting levels last seen in January 2018. For better or worse, many observers are calling the rise a rerun of 2017. Bitcoin’s precipitous price rise started in March when bitcoin surged through $4,000 after trading in the mid-$3,000 range since December. As recently as a week ...