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PrivateEquityWire: Senseon, an AI platform for cyber defence, has completed a USD6.4 million seed funding round led by venture capital fund MMC Ventures, alongside Mark Weatherford, former Deputy Under Secretary for Cybersecurity, US Department of Homeland Security. Additional investors include Amadeus Capital Partners, Crane Venture Partners and CyLon. The funding will allow Senseon to continue its rapid expansion in the UK and increase its presence in EMEA and the US...
BBC: Mr Bezos is the world's richest man, building his fortune via a company that is transforming the way we live with innovative technology. His business, Amazon, has cyber-security at the heart of everything it does. So how come he risked sending highly embarrassing photos to his lover's phone only to see them hacked and end up in the hands of a tabloid newspaper?...
Reuters: Cyber security company Palo Alto Networks Inc said on Tuesday it would buy U.S.-Israeli information security firm Demisto Inc for $560 million in cash and stock. Demisto, founded in 2015 by four McAfee executives, develops and markets automation tools for information security management, including a chatbot that assists in handling tasks...
PRNewswire: Rise in cyber-attacks, increase in demand for cloud services, and favorable regulatory requirements & government policies facilitate the growth in the global healthcare cyber security market...
IrishTimes: Employees are still the weak link in the security system, with poor habits that potentially put organisations at risk of critical data and intellectual property loss, and severe legal and reputational repercussions, new research from Microsoft has found...
Telegraph: Businesses and government agencies in the United States have been targeted in aggressive attacks by Iranian and Chinese hackers who security experts believe have been energized by President Trump’s withdrawal from the Iran nuclear deal last year and his trade conflicts with China...
The target: India’s national ID database, Aadhaar.
The take: Names, unique identity numbers, bank details and other private information for more than 1.1 billion registered Indian citizens.
The attack vector: One utility’s channel to access the Aadhaar database was without any access control in place, used a hardcoded access token, and enforced zero rate-limiting – meaning that an attacker could cycle through all possible Aadhaar numbers and obtain information every time a valid number was hit.
Reuters: Prime Minister Joseph Muscat told parliament the cyber attack involved the creation of false international payments totaling 13 million euros ($14.7 million) to banks in Britain, the United States, the Czech Republic and Hong Kong...
TheSydneyMorningHerald: The nation's biggest banks are scrambling to contact up to 100,000 customers who may have been caught up in a major data breach at property valuation firm, LandMark White. The breach, which LandMark White first revealed late on Friday, could include property valuations and personal contact information of home owners, residents, and property agents, including first and last names, residential addresses and contact numbers...
CNBC: It was the consumer data security scandal of the decade. The information included Social Security numbers, driver's license numbers, information from credit disputes and other personal details. CEO Richard Smith stepped down under fire. Lawmakers changed credit freeze laws and instilled new regulatory oversight of credit ratings agencies. Then, something unusual happened. The data disappeared completely...
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