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Forbes: AI has evolved from a futuristic novelty into a workhorse with outsized returns on investment for modern businesses. Companies are already using it to power chatbots, analyze massive datasets and streamline critical operations.
SecurityWeek: According to SecurityWeek’s analysis, more than 30 cybersecurity firms collectively raised more than $1.7 billion in funding in the month of April, underscoring the sector’s robust growth and investor confidence in cyber defense technologies.
Dark Reading: In a sign of how pervasive data sharing has become, businesses may face challenges complying with a new government rule restricting data use outside the US.
Cyberscoop: Cybersecurity companies don’t just defend their customers against cyberattacks — they also have to defend themselves, and a SentinelOne report examines some of the biggest threats they’re facing.
SecurityWeek: The new financing includes equity stakes for existing backers Accel and GV (Google’s venture fund), True Ventures, Norwest, Ballistic Ventures, J.P. Morgan, and Blackstone Innovations Investments.
Bleeping Computer: Coinbase has fixed a confusing bug in its account activity logs that caused users to think their credentials were compromised.
The Target: SK Telecom is the largest mobile network operator in South Korea, holding approximately 48.4% of the mobile phone service market in the country, corresponding to 34 million subscribers.
The Take: USIM data is information stored on a Universal Subscriber Identity Module (USIM), which typically includes International Mobile Subscriber Identity (IMSI), Mobile Station ISDN Number (MSISDN), authentication keys, network usage data, and SMS or contacts if stored on the SIM. This data could be used for targeted surveillance, tracking, and SIM-swap attacks.
The Vector: A malware infection allowed threat actors to access sensitive USIM-related information for customers.
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.
MSN/Reuters: Computer and cloud security startup Chainguard said its latest funding round valued it at $3.5 billion, almost tripling in less than a year, underscoring sustained investor appetite for robust digital infrastructure.
SecurityWeek: The reported losses increased 33% compared to 2023, but the number of complaints received by the IC3 was slightly lower in 2024, at nearly 860,000 (compared to over 880,000 the year before).
Cybersecurity Dive: Cybersecurity risks are a top concern for business leaders globally, especially as ongoing AI additions expand the attack surface and make techniques like phishing more accessible for novice bad actors.
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