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 …
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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Cloud Security Firm Sweet Security Raises $33 Million, 6 Months After Emerging From Stealth
Sweet Security, a Tel Aviv-based cloud runtime security firm, has secured a $33 million Series A funding round led by Evolution Equity Partners, with participation from Munich Re Ventures and Glilot …
Anatomy of a BlackCat Attack Through the Eyes of Incident Response
In a recent cyberattack case, incident response firm Sygnia intervened when a company faced a ransomware attack orchestrated by BlackCat. The attack, initiated through a supply chain breach, targeted …
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