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Cybersecurity Dive: Enterprises are pouring more money and resources into AI initiatives, whether it’s tapping new services, getting legacy systems ready for integration or training employees on how to best use the technology.
SecurityWeek: The investment, part of the Digital Europe Programme for 2025-2027, aims to drive digital technology advancements in the European Union. Part of the €1.3 billion funding will be allocated to cybersecurity, specifically for boosting cyber resilience in the EU.
The Target: StreamElements is a popular cloud-based streaming tools platform used primarily by content creators on Twitch and YouTube. It provides a suite for stream overlays, tips/donations, chatbots, activity feeds, merch store integration, stream analytics, loyalty/reward systems, and more.
The Take: A threat actor using the nickname "victim" claimed to have stolen the data of 210,000 StreamElements customers on March 20, 2025. The threat actor also shared samples of the stolen data, which included full names, addresses, phone numbers, and email addresses.
The Vector: The same hacker claimed that they breached a StreamElements employee via an information-stealing malware infection, which allowed them to take over an internal account and access the platform's order management system.
This breach highlights the extreme importance of timely software updates for known software vulnerabilities, not only in systems directly under a firm’s control, but in third-party systems the firm relies upon as well. The longer a firm, or its vendors, hold out on deploying the most up-to-date software for their systems, the greater the chance an attacker will exploit the issue.
SecurityWeek: The company has raised $21 million in initial funding from Lightspeed Ventures and Bain Capital Ventures. Straiker’s platform aims to address the risks associated with the increasing use of AI chatbots and AI agents.
GlobeNewswire: Despite the volume of U.S. data breaches declining in 2024 from highs reached a year prior, data breach severity reached levels never seen since TransUnion’s measurement began in 2020.
SecurityWeek: The investment round was led by Forgepoint Capital, with additional support from Ballistic Ventures, Capital One Ventures, Cisco Investments, Evolution Equity, K2 Access Fund, and In-Q-Tel (IQT).
Crunchbase: Dallas-based enterprise browser developer Island raised a $250 million Series E at a $4.8 billion valuation. The new round was led by Coatue Management, with several existing investors participating in the round, per the company.
GlobeNewswire: The Cybersecurity Mesh Market is expanding as enterprises combat increasingly sophisticated cyber threats in a complex IT landscape.
PYMNTS.com: Historically, banks built security the same way they built vaults: thick walls, high fences and minimal exposure. But digital transformation has upended that perimeter.
Financial Newswire: The Association of Superannuation Funds of Australia (ASFA) has responded to the ASIC proposals by arguing that the relief period of 30 days is not enough and should be extended to 60 days.
