Tuesday, July 5, 2022

Firmware supply chain company Binarly raises $3.6m seed funding

Binarly Inc., a cybersecurity firm building tech to address security issues, announced $3.6m in seed funding from WestWave Capital and Acrobator Ventures. Cybersecurity leaders Michael Sutton, Thomas 'Halvar Flake' Dullien, Jamie Butler, Ryan Permeh, Bryson Bort, Pedram Amini, Chris Ueland and David Mandel from Emerging Ventures also joined as investors.

Ransomware-as-a-service behind the ravaging global ransomware spike

The shift to the subscription economy has created a new norm in the as-a-service world. And it’s not just Netflix and Spotify that have adopted this business model. New research from Tenable®, the Cyber Exposure company, has found that one of the main reasons ransomware has prospered is due to the advent of ransomware-as-a-service (RaaS) which has catapulted ransomware from a fledgling threat into a force to be reckoned with.

Validity launches MailCharts SMS to enhance mobile marketing capabilities

Validity, the provider of data quality and email marketing success solutions, has introduced MailCharts SMS, a solution that powers data-driven SMS campaign planning for ecommerce marketing teams. With a library of thousands of SMS messages, marketers can gain insight and inspiration from the SMS strategies from the world’s top brands, what’s working well, how they are deployed, and which industry benchmarks matter is key to success.

Cohort of researchers develop simple tool to make websites more secure

An international team of researchers has developed a scanning tool to make websites less vulnerable to hacking and cyberattacks. The black box security assessment prototype, tested by engineers in Australia, Pakistan and the United Arab Emirates, is more effective than existing web scanners which collectively fail to detect the top 10 weaknesses in web apps.

What businesses should do to protect against state-aided cyber attacks

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Nation state cyberthreats are growing in prevalence, persistence, and scale across the globe. As evidenced by the latest activity in Ukraine, nation state actors are emboldened to take action via cyberspace. In fact, Trellix’s most recent Threat Labs Report: April 2022 detailed an upsurge in cyber threats likely from a Russian-backed actor in the fourth quarter of 2021.

Forescout discloses OT:ICEFALL 56 exposures found in multiple devices

Forescout’s Vedere Labs, along with CISA’s vulnerability disclosure process, is disclosing OT:ICEFALL, 56 vulnerabilities affecting devices from 10 OT (operational tech) vendors. This is one of the largest vulnerability disclosures that impact OT devices and addresses insecure-by-design vulnerabilities. It has been ten years since Project Basecamp, a research project by Digital Bond, who investigated how critical OT devices and protocols were insecure by design.

Business email compromise attacks are on the rise globally finds study

There’s an astounding 84% increase in business email compromise attacks, according to the latest Email Threat Report, which compares half-yearly statistics. The findings of the Email Threat Report should be particularly alarming to organizations that use email services as their main means of internal communication or correspondence with their partners and clients.

CyberCX buys Tracer and Consegna cloud firms, consolidates ANZ market

CyberCX, ANZ’s cyber security services firm, with a workforce of over 1,000 across the trans-Tasman, has strengthened its position as a market leader for cloud security and solutions, with the acquisition of cloud specialist firms Tracer Cloud and Consegna Cloud.

F5 expands protection services for Australia and New Zealand clients

After findings revealed Australia and New Zealand to have been the target of more than 50 million distributed denial-of-service (DDoS) attacks between July and September 2021 alone, F5 has expanded its local DDoS protection services with the launch of two scrubbing centres to provide customers with real-time local protection, support, and expertise.

Forescout’s CyberMDX wins 2022 Fortress Cyber Security Award

The Business Intelligence Group announced that CyberMDX, a Forescout firm, has won the 2022 Fortress Cyber Security Awards in the Leadership category. The industry awards program sought to identify and reward the world’s leading companies and products that are working to keep our data and electronic assets safe among a growing threat from hackers.