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Month: April 2018

Yahoo fined $35m for staying quiet about mega breach

Breaches April 27, 2018June 19, 2018 Simon Brady 0 Comments

The US Securities and Exchange Commission (SEC) on Tuesday announced that Altaba – a holding company that swept up Yahoo’s remains after Verizon took over its internet business last year – has agreed to pay a $35 million fine for Yahoo having waited more than two years to tell investors about a breach it knew of as early as December 2014.

Cambridge receives £10 million in funding for new AI supercomputer

Cybermoney, Europe April 27, 2018August 23, 2018 Simon Brady 0 Comments

The UK’s fastest academic supercomputer, based at the University of Cambridge, will be made available to artificial intelligence (AI) technology companies from across the UK, in support of the government’s industrial strategy.

World’s biggest marketplace selling internet paralysing DDoS attacks taken down

Europe, Law Enforcement April 27, 2018August 23, 2018 Simon Brady 0 Comments

The administrators of the DDoS marketplace webstresser.org were arrested on 24 April 2018 as a result of Operation Power Off, a complex investigation led by the Dutch Police and the UK’s National Crime Agency with the support of Europol and a dozen law enforcement agencies from around the world.

$152,000 cryptocurrency theft exploits ‘huge blind spot’ in internet security

Breaches, Payments April 26, 2018June 19, 2018 Simon Brady 0 Comments

Around 215 Ether, or roughly $152,000-worth of the cryptocurrency, has been stolen from users of MyEtherWallet.com. At the heart of the hack was the abuse of a gaping flaw in the internet, one that highlights the fragility of the web’s infrastructure we use everyday.

Ashurst brings in former GE Capital IT Director as new CTO

Europe, Legal, People Moves April 25, 2018August 23, 2018 Angharad Gilbey 0 Comments

International law firm Ashurst will bring in Noel Jordan, former Group IT Director of GE Capital, as its new CTO.

Palo Alto Networks closes Secdo acquisition

Cybermoney, Vendor News April 25, 2018June 14, 2018 Angharad Gilbey 0 Comments

Palo Alto Networks has completed its acquisition, announced earlier this month, of Israel-based cybersecurity company Secdo. Though financial terms have not been disclosed, the deal has been estimated at $100 million.

Onapsis announces $31 million Series C funding

Cybermoney April 24, 2018August 23, 2018 Simon Brady 0 Comments

ERP security provider Onapsis has announced a $31 million Series C minority funding round, bringing total investment in the company to $62 million.

Fortinet and IBM expand strategic partnership

Vendor News April 23, 2018June 19, 2018 Simon Brady 0 Comments

Fortinet and IBM announce partnership on X-Force Threat Management Services platform.

NIST issues first call for ‘lightweight cryptography’ to protect small electronics

Regulation April 22, 2018June 19, 2018 Simon Brady 0 Comments

Cryptography experts at the National Institute of Standards and Technology are kicking off an effort to protect the data created by innumerable tiny networked devices such as those in the “internet of things”, which will need a new class of cryptographic defenses against cyberattacks.

Gold Galleon hackers target maritime shipping industry

Breaches, Logistics April 21, 2018August 23, 2018 Simon Brady 0 Comments

Researchers have uncovered a Nigerian hacking ring which targets maritime shipping firms in order to try and steal millions of dollars on an annual basis.

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