Nozomi Networks, an industrial and IoT cybersecurity firm, has secured a substantial $100 million Series E funding round, raising its total funding to over $250 million. Mitsubishi Electric and …
ChatGPT Plugin Vulnerabilities Exposed Data, Accounts
Salt Security has revealed vulnerabilities in ChatGPT plugins that could have led to data breaches and account takeovers on third-party websites. These plugins, designed to provide updated information …
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White House Budget Proposal Seeks Cybersecurity Funding Boost
The White House has unveiled a $7.3 trillion budget proposal for fiscal year 2025, with a significant focus on increasing cybersecurity spending. The plan allocates $13 billion in cybersecurity …
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Healthcare’s Ransomware Epidemic: Why Cyberattacks Hit the Medical Sector With Alarming Frequency
The healthcare industry remains a prime target for ransomware attacks due to its critical nature, extensive use of IT and OT, and low tolerance for disruptions, as highlighted in Claroty/Team82’s …
How To Properly Cut Your Cybersecurity Budget
Public companies face significant headwinds. High interest rates have increased the cost of capital, intense refactoring of supply chains has added new expenses, and many businesses have seen …
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Cybercriminals Spoof US Government Organizations in BEC, Phishing Attacks
Since at least 2021, organizations in the US have faced targeted phishing and business email compromise (BEC) campaigns by a threat actor known as TA4903, as revealed by Proofpoint. The attacks aimed …
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Nigerian BEC Scammer Pleads Guilty in US Court
Henry Onyedikachi Echefu, a Nigerian national residing in South Africa at the time, pleaded guilty in a US court to participating in a business email compromise (BEC) fraud scheme, which operated …
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FBI: Cybercrime Losses Exceeded $12.5 Billion in 2023
The FBI's Internet Crime Complaint Center (IC3) released its 2023 annual report, showing a nearly 10% increase in cybercrime complaints compared to the previous year. With over 880,000 complaints …
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Cryptography Firm Zama Raises $73 Million for FHE Solution
France-based Zama, an open-source cryptography company, announced raising $73 million in a Series A funding round, led by Multicoin Capital and Protocol Labs, among others. Zama specializes in fully …
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Implementation Plan 2.0 Faces a Crucial Test
According to recent reporting, the Office of the National Cyber Director (ONCD) intends to issue an update to the national cybersecurity strategy implementation plan in the coming …
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