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Cynomi Secures $37M to Revolutionize SMB Cybersecurity with AI 'Virtual CISO'
Cynomi Secures $37M to Revolutionize SMB Cybersecurity with AI 'Virtual CISO'
Cynomi has raised $37 million in funding to enhance its AI-driven 'virtual CISO' aimed at small and medium businesses (SMBs) facing rising cybersecurity threats. Co-led by Insight Partners and Entrée Capital, the funding will fuel R&D and business development. Founded by former Israeli Defense Forces CTO David Primor, Cynomi offers automated decision-making tools for security operations, enhancing budget-friendly cybersecurity solutions for SMBs. Currently, 80% of its clientele is in the U.S., with plans for European expansion. The startup's annual recurring revenue has tripled, indicating strong market demand.
Created at: April 23, 2025 11:30am
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Hackers Target Everest Ransomware Gang's Leak Site
Hackers Target Everest Ransomware Gang's Leak Site
The leak site used by the Everest ransomware gang was hacked and defaced over the weekend, according to TechCrunch. The site, which publishes stolen files to extort victims, displayed a message sarcastically condemning crime. It remains unclear if the gang suffered a data breach due to the hack. Everest, known for significant data breaches since 2020, has been linked to various high-profile hacks, including those affecting NASA. While ransomware attacks are increasing, payments to hackers have declined as businesses resist hefty ransoms.
Created at: April 7, 2025 12:00pm
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GetReal Secures $17.5M to Combat AI Deepfake Threats
GetReal Secures $17.5M to Combat AI Deepfake Threats
GetReal, a startup founded by deepfake detection pioneer Dr. Hany Farid, has raised $17.5 million in Series A funding led by Forgepoint Capital. The company aims to provide tools for governments and enterprises to detect and mitigate deepfake threats in various media formats. GetReal's platform includes features like a threat exposure dashboard and tools for media screening and analysis. Notable clients include John Deere and Visa, reflecting the increasing demand for cybersecurity solutions in heavily regulated industries. The startup plans to expand its services to cover text-based impersonations in the future.
Created at: March 26, 2025 4:30pm
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Tata Technologies Hit by Ransomware Gang: 1.4 TB of Sensitive Data Leaked
Tata Technologies Hit by Ransomware Gang: 1.4 TB of Sensitive Data Leaked
A significant ransomware attack on Tata Technologies has escalated as the cybercrime group Hunters International leaked 1.4 terabytes of sensitive data on the dark web. This dataset includes confidential documents related to current and former employees, as well as client agreements with American and Indian firms. More than 730,000 files were disclosed, raising alarms about the company’s data security. Despite previous assurances that client services remained unaffected, the recent leak casts doubts on this claim. Tata Technologies has yet to respond to inquiries regarding the breach's connection to an earlier cyberattack.
Created at: March 14, 2025 9:03am
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FBI Hacked 4,000 US Computers to Combat Chinese Malware 'PlugX'
FBI Hacked 4,000 US Computers to Combat Chinese Malware 'PlugX'
The DOJ has confirmed that the FBI was authorized to hack into over 4,000 US computers to eliminate the Chinese malware known as 'PlugX.' This operation aimed to thwart state-backed hackers identified as 'Twill Typhoon' or 'Mustang Panda.' The malware has posed significant threats since its discovery in 2012, capable of stealing sensitive files. US Attorney Jacqueline Romero highlighted the recklessness of PRC state-sponsored hacking. The FBI's action reflects ongoing global cybersecurity challenges, particularly related to the 2024 US elections. This decisive move showcases the agency's commitment to protecting American digital infrastructure.
Created at: January 15, 2025 3:00pm
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Barcelona Emerges as a Notorious Hub for Spyware Startups
Barcelona Emerges as a Notorious Hub for Spyware Startups
Barcelona is rapidly becoming a center for spyware startups, drawing attention from security researchers and industry experts. Companies like Palm Beach Networks, linked to former NSO Group personnel, are setting up operations in the city, citing favorable living conditions and tax benefits. Concerns grow over the implications for European privacy standards, especially in light of Spain's past with surveillance technologies. Activists warn that this trend could exacerbate existing abuses of power and corruption. With over 500 cybersecurity companies operating, Barcelona's startup scene is thriving, but the influx of spyware firms raises significant ethical questions.
Created at: January 14, 2025 7:30am
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OpenAI Foils Spear Phishing Attack Linked to China-Based Group
OpenAI Foils Spear Phishing Attack Linked to China-Based Group
OpenAI recently thwarted a spear phishing attempt attributed to a China-based group named SweetSpecter, aimed at breaching sensitive data. This incident highlights the escalating cybersecurity threats faced by US AI firms amid ongoing competition with China in the AI sector. The attack involved SweetSpecter impersonating legitimate users of OpenAI's ChatGPT to send malicious emails. OpenAI's security measures successfully prevented the breach, ensuring no sensitive information was compromised. The company continues to enhance its defenses against foreign cyber threats, particularly from rivals seeking strategic advantages in AI technology.
Created at: October 9, 2024 1:31pm
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