Security News

PerimeterX Banks $57 Million for Bot Protection Expansion
2021-02-24 23:06

Looking to take advantage of a growing global market for its bot protection technologies, PerimeterX has banked a new $57 million round of venture capital funding. PerimeterX said AllianceBernstein led the new capital raise, and was joined by new investors Stereo Capital, JS Capital and Golden Arc Capital.

Business email compromise is a top concern for banks
2021-02-19 04:00

Banks worry about business email compromise Spending more/significantly more on security is a 3-year trend. 86% of respondents from banks perceive business email compromise / authorized fraud to be the greatest risk to their business over the next 1-2 years.

Uncle Sam accuses three suspected North Korean govt hackers of stealing $1.3bn+ from banks, crypto orgs
2021-02-17 22:22

Three suspected North Korean military intelligence hackers have been charged with, among other things, conspiring to loot more than $1.3bn from banks, ATMs, and cryptocurrency companies, according to an indictment unsealed by the US Department of Justice on Wednesday. Court documents, filed in the District Court in Los Angeles in December last year and now made public [PDF], claim Park Jin Hyok, 36, Jon Chang Hyok, 31, and Kim Il, 27, were hackers employed by the Reconnaissance General Bureau, a North Korean intelligence agency.

U.S. Charges North Korean Hackers Over $1.3 Billion Bank Heists
2021-02-17 17:48

The U.S. Justice Department on Wednesday announced the indictment of three North Korean military intelligence officials linked to high-profile cyber-attacks that included the theft of $1.3 billion in money and crypto-currency from organizations around the world. The DOJ described the scope of the North Korean hacking operation as "Extensive and long-running".

New Zealand Central Bank Says Accellion Service at Heart of Cyberattack
2021-01-13 18:23

The Reserve Bank of New Zealand - Te Pūtea Matua - says Accellion's FTA file sharing service was involved in a security incident disclosed on Sunday. The malicious incident, the bank said, involved a service that stored commercially and personally sensitive information, but could not provide specific details on the type of data that might have been accessed.

New Zealand Reserve Bank breached using bug patched on Xmas Eve
2021-01-12 12:28

A recent data breach at the Reserve Bank of New Zealand, known as Te Pūtea Matua, was caused by attackers exploiting a critical vulnerability patched the same day. In a new advisory released yesterday, the Bank states that the attackers breached their Accellion FTA file sharing service.

New Zealand Reserve Bank suffers data breach via hacked storage partner
2021-01-10 15:43

The Reserve Bank of New Zealand, known as Te Pūtea Matua, has suffered a data breach after threat actors hacked a third-party hosting partner. The Reserve Bank is the central bank of New Zealand and is responsible for creating monetary policy to stabilize prices in the country.

New Zealand Central Bank Hit by Cyber Attack
2021-01-10 14:46

New Zealand's central bank said Sunday it was responding with urgency to a "Malicious" breach of one of its data systems, a third-party file sharing service that stored "Sensitive information". Reserve Bank of New Zealand governor Adrian Orr said the breach had been contained and the system was taken offline but it would take time to determine what information had been accessed.

Lacework Banks $525 Million as Cloud Security Market Heats Up
2021-01-07 15:52

Lacework, a five-year-old cybersecurity company that automates security across enterprise cloud deployments, has reached unicorn status with the closing of a $525 million round of Series D financing. The Silicon Valley company, which automates security across public and private cloud deployments, is now valued north of $1 billion.

SASE Provider iboss Banks $145 Million Equity Funding
2021-01-05 19:12

Cloud-delivered network security startup iboss on Tuesday announced the closing of a new $145 million financing deal to speed up growth in a lucrative market. Iboss, founded by twin brothers Paul and Peter Martini five years ago, previously banked $35 million in venture capital funding from Goldman Sachs.