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Cybersecurity Dive: A coalition of 52 U.S. organizations urged lawmakers to reauthorize a law that protects cyber threat information that businesses share with the federal government.
Cointelegraph: The US government has asked a federal judge to impose a two-year sentence for Eric Council Jr., the individual who helped post a fake message announcing the approval of Bitcoin exchange-traded funds through the Securities and Exchange Commission’s (SEC’s) X account.
The Target: Frederick Health Medical Group, a major healthcare provider in Maryland.
The Take: Depending on the affected individuals, the attackers stole a combination of sensitive personal information, including patient names, addresses, dates of birth, Social Security numbers, and driver's license numbers. They also exfiltrated personal health information, such as medical record numbers, health insurance information, and/or clinical information related to patients' care.
The Vector: The investigation determined that an unauthorized person gained access to the network and, on January 27, 2025, copied certain files from a file share server.
This breach is a stark reminder of how strong authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.
TechCrunch: Cybersecurity giant CrowdStrike said that it would lay off 5% of its global workforce, which amounts to about 500 workers.
SecurityWeek: The lawsuit against NSO was filed in 2019, after it came to light that a zero-day vulnerability had been exploited to deliver NSO-made spyware to roughly 1,400 WhatsApp users.
Crunchbase: Identity management is a hot area for investment of late. That was particularly obvious in the past few weeks, as two startups in the space secured over $300 million and a major eyeball-scanning initiative made its U.S. debut.
Bank Info Security: Cybersecurity attracted $13 billion in investments in 2024, a 40% jump in funding compared to 2023, with nearly half going to early-stage startups.
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.
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.
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