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Bitsight buys dark web security specialist Cybersixgill for $115M

More consolidation is afoot in the world of cybersecurity. Bitsight, a cybersecurity startup last valued at $2.4 billion when ratings firm Moody’s took a stake in the business and became its largest shareholder in 2021, is acquiring Cybersixgill for $115 million. Boston-based Bitsight’s focus is cyber risk management. It works with enterprises to assess their […]

I visited the dark web, and all I got was…

PODCAST VO SCRIPT, [unpublished] Haje:Β The dark web is a lot of things; particularly user-friendly ain’t one of them. The other day, I got an amazing tip about β€˜Dark Web Gift Shop,’ which tries to at least give you a little bit of a reward for your struggles. Haje: The founders say that: [AI generated voice]: […]

The IRS is sending four investigators across the world to fight cybercrime

The Internal Revenue Service (IRS) plans to send four agents who specialize in investigating cybercrime to Australia, Singapore, Colombia, and Germany starting this summer. These four new positions represent a significant increase in the IRS’s global efforts to fight cybercrimes, such as those involving cryptocurrency, decentralized finance and crypto laundering services. In the last several […]

β€˜Tracers in the Dark’ shows how cops go after crypto-criminals

β€œThat was the only path through this darkness,” says U.S. prosecutor Zia Faruqui. β€œThe darker the darknet gets, the way that you shine the light is following the money.” In β€œTracers in the Dark,” Andy Greenberg, a senior writer at Wired, takes a historical look at what he calls Bitcoin’s β€œsiren song: the promise of […]

NetWalker ransomware operator extradited to the US, over $28M in bitcoin seized

A former Canadian government employee accused of carrying out dozens of ransomware attacks has been extradited to the United States, with more than $28 million in bitcoin seized in connection with the case. Sebastien Vachon-Desjardins, who worked as an IT consultant for Public Works and Government Services in Canada, according to his LinkedIn profile, was […]

Astrix Security emerges from stealth to help organizations spot rogue third-party apps

Astrix Security, an Israeli cybersecurity startup that provides access management for third-party app integrations, has emerged from stealth with $15 million in funding. The startup was co-founded in 2021 by CEO Alon Jackson and CTO Idan Gour, both former members of Israel’s famed intelligence division Unit 8200, to help organizations monitor and control the complex […]

FIN7 hackers set up a fake company to recruit for cyberattacks

FIN7, a financially motivated Russian hacking group, has set up a fake company to lure unwitting IT specialists into supporting its continued expansion into ransomware, security researchers have found. According to researchers at Recorded Future’s Gemini Advisory unit, FIN7 β€”Β known for hacking into point-of-sale registers and stealing over $1 billion from millions of credit cards […]

Ring’s latest security updates are good, but still opt-in

Ring, the video doorbell maker dubbed the β€œlargest civilian surveillance network the U.S. has ever seen,” is rolling out new but long overdue security and privacy features. The Amazon-owned company’s reputation was bruised after a spate of account breaches in late 2019, in which hackers broke into Ring user accounts and harassed children in their own […]

This crowdsourced payments tracker wants to solve the ransomware visibility problem

Ransomware attacks, fueled by COVID-19 pandemic turbulence, have become a major money earner for cybercriminals, with the number of attacks rising in 2020. These file-encrypting attacks have continued largely unabated this year, too. In the last few months alone we’ve witnessed the attack on Colonial Pipeline that forced the company to shut down its systems […]

ZeroFox acquires dark web threat intelligence company Vigilante

ZeroFox, a cybersecurity startup that helps companies detect risks found on social media and digital channels, has announced it has acquired dark web threat intelligence company Vigilante.Β  Vigilante β€” not to be confused with the controversial crime reporting app β€” scours the dark web to source intelligence that helps to protect organizations from cyberattacks. The […]

Recorded Future launches its new $20M Intelligence Fund for early-stage startups

Threat intelligence company Recorded Future is launching a $20 million fund for early-stage startupsΒ developing novel data intelligence tools. The Intelligence Fund will provide seed and Series A funding to startups that already have venture capital funding, Recorded Future says, as well as equip them with resources to help with the development and integration of intelligence […]

Fujifilm becomes the latest victim of a network-crippling ransomware attack

Japanese multinational conglomerate Fujifilm has been forced to shut down parts of its global network after falling victim to a suspected ransomware attack. The company, which is best known for its digital imaging products but also produces high-tech medical kit, including devices for rapid processing of COVID-19 tests, confirmed that its Tokyo headquarters was hit […]
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