OneTrust hauled in $150 million a year after laying off 950 employees but had to slash its valuation by $800 million to seal the deal. The Atlanta-based company intends to use the proceeds to accelerate its growth and fulfill customer demand for trust intelligence software.
Now that the long-awaited FedNow faster-payment program is operating, experts debate whether U.S. financial institutions will embrace the payment ecosystem and whether the Federal Reserve and the banking industry can overcome implementation challenges and mitigate cybersecurity and fraud issues.
Hackers are targeting Japanese Android users with a new smishing campaign to employ a new version of SpyNote malware. The attackers impersonate a Japanese public utilities company putatively concerned about payment problems to lure victims onto rogue website and infect their devices.
Unknown hackers attacked a dozen Norwegian government ministries through a zero day vulnerability present in a shared digital platform, the Oslo government disclosed Monday. The prime minister's office and the ministries of defense, justice and foreign affairs were unaffected.
The count of organizations and individuals affected by Clop's attack on MOVEit file-transfer users has increased, with the Teachers Insurance and Annuity Association of America reporting that 2.6 million members' personal details were exposed when Clop hit service provider PBI Research.
The Russian-language Clop crime group's mass exploitation of MOVEit file-transfer software demonstrates how criminals continue to seek fresh ways to maximize their illicit profits with minimal effort. Ransomware response firm Coveware says Clop may clear over $75 million from this campaign.
A U.S. couple is set to file a plea deal for their role in laundering $4.5 billion in cryptocurrency from the Bitfinex virtual currency exchange in 2016. Federal prosecutors say they moved crypto to hide their tracks, withdrew it from ATMs and used gift cards to spend the money.
BeyondTrust has focused on locking down the infrastructure that privileged users access to improve their security posture and lower administrative overhead, said CEO Janine Seebeck. The identity vendor has helped privileged users access MSP customer environments without complicated firewall rules.
Suspected North Korean hackers who targeted enterprise software firm JumpCloud are likely behind a social engineering campaign targeting the personal GitHub accounts of employees from major technology firms - including those in the cybersecurity sector.
With both excitement and fear swirling around the opportunities and risks offered by emerging AI, seven technology companies - including Microsoft, Amazon, Google and Meta - have promised the White House they would ensure the development of AI products that are safe, secure and trustworthy.
In the latest weekly update, ISMG editors discuss key takeaways from ISMG's recent Healthcare Summit, how the healthcare sector is embracing generative AI tools, and why Microsoft just decided to give all customers access to expanded logging capabilities.
Organizations went from having little information about their security posture to drowning in so many alerts that no human could possibly understand it all. Broadcom has focused on artificial intelligence for IT operations to help companies identity and remediate the root cause of security alerts.
A Florida hospital is notifying 1.2 million patients that their information was stolen by hackers in a cybersecurity incident that spanned for nearly three weeks in May as attackers tried to encrypt the entity's systems with ransomware. The hospital repelled the attack but couldn't stop the breach.
The crazy fluctuations in the stock market over the past 14 months can drive short-term thinking for publicly traded firms, said CEO Fran Rosch. A proposed $2.3 billion buy by Thoma Bravo would allow ForgeRock to think about the best long-term investments and opportunities in the identity market.
The count of organizations affected by the Clop ransomware group's attack on MOVEit file-transfer software users continues to grow, now numbering over 400 organizations that were directly or indirectly impacted. More than 20 million individuals' personal details were stolen in the attacks.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing careersinfosecurity.in, you agree to our use of cookies.