Security News
A hacker began selling access to hundreds of stolen executive email accounts last Friday, ZDNet reported. Javvad Malik, security awareness advocate at cybersecurity company KnowBe4, called email account access the "Crown jewels" for anyone looking to damage an organization, and the accounts of C-level executives were even more integral to an enterprise.
They really know how to mix a perfectly balanced cocktail of software engineering and human insight when it comes to crafting the perfect spear-phishing attack. If a CEO or other C-level exec is hooked, they have the power to deliver virtually whatever the attackers desire - whether it's authorizing payment transfers, or spilling company secrets, or any number of actions only a chief exec can take, unchecked.
Cyber-attackers give the matter a lot of thought, which is why a well-crafted spear-phishing attack can be so hard to defend against. Why do attackers keep throwing out spear-phishing attacks? Well, they're in business, and you have to assume their ROI ultimately works for them.
Stealthbits Technologies has appointed Jim Barkdoll as CEO. A data security veteran with a long, successful track record, Barkdoll most recently served as CEO of Titus, an industry leader in the data classification and security market. To further strengthen Stealthbits' product, marketing and finance organizations, the company has expanded its leadership team with the addition of Mark Cassetta as General Manager, Karyl Parks as CMO and Sarah Foottit as CFO. These additions will bolster the expertise of Stealthbits' existing team, which has propelled the company's aggressive growth trajectory and customer success during a challenging year.
GitHub's CEO has denied that the site's source code was posted to GitHub. News of the supposed leak and posting came from a site called Resynth that linked to a Wayback Machine snapshot of a GitHub repo that purported to be the work of GitHub CEO Nat Friedman and was labelled "This is GitHub.com and GitHub Enterprise."
Fidelis Cybersecurity announced the appointment of cybersecurity industry veteran, Anup Ghosh as CEO. Ghosh leaves his post as Managing Director at Accenture Security to drive Fidelis Cybersecurity through its next growth stage following the company's acquisition by Skyview Capital late last year. "Skyview looks forward to partnering with Anup to take Fidelis to a position of leadership in the cybersecurity industry."
The founder and CEO of the Internet security company NS8 has been arrested and "Charged in a Complaint in Manhattan federal court with securities fraud, fraud in the offer and sale of securities, and wire fraud." I admit that I've never even heard of the company before.
It seems ironic that the co-founder of a company designed to prevent online fraud would engage in fraudulent activity. "It seems ironic that the co-founder of a company designed to prevent online fraud would engage in fraudulent activity himself, but today that's exactly what we allege Adam Rogas did," Sweeney said in a statement.
The founder and CEO of NS8, a cyber fraud prevention and protection company, has been charged with fraud just months after the firm raised $123 million in funding, the U.S. Justice Department and the Securities and Exchange Commission announced on Thursday. The DoJ said Adam Rogas, 43, of Las Vegas, Nevada, was arrested and charged with securities fraud, fraud in the offer and sale of securities, and wire fraud.
Devo Technology, a company that provides data analytics and security solutions, announced on Tuesday that it has raised another $60 million and that Marc van Zadelhoff has been appointed its chief executive officer. The $60 million that Devo raised in this Series D round brings the total secured by the company to $131 million.