Abnormal Security has closed a $210 million funding round on a $4 billion valuation to apply its account takeover prevention technology to areas other than email. The company wants to use its AI to protect accounts across systems and SaaS platforms and in environments such as Workday and Salesforce.
The "financial burden" of a December 2021 cyberattack and the aftereffects of the COVID-19 pandemic forced 157-year-old Lincoln College in Illinois to cease operations on Friday, its president, David Gerlach, says. The school underwent a three-month-long recovery period during enrollment season.
U.S. regulators have proposed that Colonial Pipeline, which was hit by a cyberattack in May 2021, be fined $986,400 over a series of federal pipeline safety regulation violations. The ransomware attack caused fuel shortages along the U.S. East Coast, where the firm operates a 5,500-mile pipeline.
An exploit has been created using critical remote code execution vulnerability CVE-2022-1388 in BIG-IP network traffic security management appliances. F5 BIG-IP admins are advised to immediately implement the patches for this vulnerability, which were released last week.
The Ukrainian CERT has issued a statement saying that a "massive" Jester Stealer malware distribution campaign, designed to steal authentication data, is currently underway. The malware, operated by an unknown attacker, self-destructs after its operation is complete, the agency's statement says.
The massive leak of internal communications from the Conti ransomware group has highlighted the extent to which cybercrime syndicates regularly beg, borrow, steal or sometimes even partner or collaborate, all in pursuit of increasing their illicit profits.
Microsoft plans to roll out new managed services that give organizations the expertise needed to proactively hunt for threats and extend XDR beyond the endpoint. Microsoft Security Experts features new managed services as well as existing services around incident response and modernization.
CyberEdBoard executive member Archie Jackson says security needs to be embedded by design at the inception of a project. He discusses how SASE is networking plus security plus identity and outlines how Network as a Service and Network Security as a Service combine to create SASE.
The U.S. Department of State is offering rewards of up to $10 million for information that leads to the identification or location of any individual who holds a key leadership position in the Conti ransomware variant transnational organized crime group.
Apple, Google and Microsoft are joining forces to back a standard that will allow websites and apps to offers passwordless sign-ins across devices and platforms. The three OS and browsing giants have put their weight behind a common passwordless sign-in standard created by the FIDO Alliance.
Virtual currency mixer Blender.io has been sanctioned by the U.S. for enabling North Korea to conduct "malicious cyber activities and money laundering of stolen virtual currency," the U.S. Treasury Department’s Office of Foreign Assets Control says in its first sanctioning of a currency mixer.
The European Parliament has granted Europol permission to receive and process datasets from private parties and pursue research projects for better handling of security-related cases. Use of these powers will be overseen by the European Data Protection Supervisor and the Fundamental Rights Officer.
U.S. President Joe Biden on Thursday signed into the law the Better Cybercrime Metrics Act, which aims to improve data collection on cybercrimes. The law requires the DOJ and the FBI to compile detailed statistics about cybercrime and develop a taxonomy to help contextualize and sort this data.
Rockford Public Schools in Rockford, Illinois, was hit by Ryuk ransomware days after the school year started in September 2019. The attack encrypted more than 6 million files, wrecked applications and locked up servers. But the district kept classes running while mounting a mighty recovery effort.
Containers and cloud-based resources are being used to launch DoS attacks against Russian, Belarusian and Lithuanian websites. Cybersecurity firm CrowdStrike's researchers say that through their Docker Engine honeypots, they observed two different Docker images targeting these assets.
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