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BlackCloak Raises $17M to Boost Cybersecurity for Executives

Using the fresh funding, the company plans to improve its threat modeling and deepfake protection services to safeguard high-profile individuals from cyber threats in their personal lives.

Snowflake Moves to MFA, 14-Character Passwords

Snowflake, a cloud-based data warehousing platform, has implemented default multifactor authentication and a minimum 14-character password requirement following cyberattacks in June affecting multiple customers.

US Indicts Chinese National for Phishing for NASA Tech

Prosecutors allege that Chinese national Wu Song targeted US academics and engineers to obtain applications used in aerospace engineering and fluid dynamics, which could be used for developing missiles and weapons.

Strider Secures $55M to Fuel AI Growth and Global Expansion

Strider Technologies has secured $55 million in Series C funding to bolster its artificial intelligence research, expand into the government sector, and support global growth.

FBI Report Says Cryptocurrency Scams Surged in 2023

According to an FBI report, cryptocurrency scams surged in 2023, leading to victims reporting $5. 6 billion in financial losses associated with crypto schemes, a 45% increase from the previous year.

German Cyber Agency Investigating APT28 Phishing Campaign

The German cyber agency is investigating a phishing campaign linked to Russian state hackers APT28, who mimicked a well-known think tank's website. The hackers created a fake domain resembling the Kiel Institute for the World Economy.

Underground Demand for Malicious LLMs is Robust

The underground market for malicious large language models (LLMs) is thriving, according to researchers from Indiana University Bloomington. They found 212 malicious LLMs for sale from April through September 2024.

Moody's Ratings: Cyber Insurance Competition Up, Prices Down

Moody's Ratings reported that competition in the cyber insurance market is increasing, leading to a decrease in prices, with new players entering the market despite concerns about systemic risk.

Critical GeoServer Flaw Enabling Global Hack Campaigns

The flaw in GeoServer, tracked as CVE-2024-36401 and with a CVSS score of 9.8, was swiftly capitalized on by hackers who launched campaigns using botnet families and cryptominers to spread malicious tools like Goreverse, a reverse proxy server.

Feds Warn Health Sector to Patch Apache Tomcat Flaws

The Department of Health and Human Services' Health Sector Cybersecurity Coordination Center highlighted the ongoing discovery of vulnerabilities in Tomcat that pose a risk to organizations.

Defend Against Threats with Cyber Fusion

Cyware is the leading provider of cyber fusion solutions that power threat intelligence sharing , end-to-end automation and 360-degree threat response.

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