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Hackers Earn $400k on First Day at Pwn2Own Toronto 2023 The Pwn2Own Toronto 2023 hacking contest commenced yesterday, and participants wasted no time in successfully hacking a range of devices, including NAS devices, printers, IP cameras, speakers, and mobile phones. The first day of the competition saw a total of more than $400,000 in rewards…
Gutsy Raises $51M in Seed Funding for Security Governance Solution Introduction Gutsy, a new cybersecurity startup founded by the same entrepreneurs who created and sold Twistlock to Palo Alto, has secured a massive $51 million in seed-stage financing. Led by YL Ventures and Mayfield, the funding will support Gutsy’s development of a software solution that…
Cybersecurity Firm Dragos Raises $74 Million in Series D Extension Overview Industrial control systems (ICS) security firm, Dragos, recently announced that it has raised $74 million in a Series D extension funding round, bringing its total funding to $440 million. The funding was led by WestCap and will be used for go-to-market initiatives, expansion across…
Funding/M&A Check Point to Acquire SASE Security Firm Perimeter 81 for $490 Million Introduction Network security giant Check Point Software has announced its plan to acquire Secure Access Service Edge (SASE) and Zero Trust Network Access (ZTNA) solutions provider Perimeter 81 for approximately $490 million. This acquisition comes at a significant discount to Perimeter 81’s…
Funding/M&A Venn Software Snags $29M to Build MDM for Laptops Technology The Rise of Remote Work Calls for Enhanced Data Security New York startup Venn Software has secured $29 million in Series A funding to develop a Mobile Device Management (MDM) solution specifically designed for laptops, offering a cost-effective alternative to virtual desktop infrastructure (VDI)….
Extent of Cyberattack on Philadelphia Inquirer Remains Unclear as Journalists Prepare to Cover Major Election The Philadelphia Inquirer, a reputable American newspaper, was hit by a cyberattack last week. The full extent of the attack, including who was behind it, what was targeted, and whether a ransom was demanded, remains unclear. The attack has disrupted…