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The Rise of Octo Tempest: A Dangerous and Unprecedented Cybercrime Group Introduction Octo Tempest, a financially motivated hacking group, has recently been branded as one of the most dangerous financial criminal groups by Microsoft’s Incident Response and Threat Intelligence team. This group, also known as 0ktapus, Scattered Spider, and UNC3944, has been active since early…
Cybersecurity Funding: SYN Ventures Announces $75 Million Seed Fund for US Cybersecurity Firms The Announcement SYN Ventures, a venture capital firm, has recently announced the first closing of a $75 million cybersecurity seed fund. The firm describes it as “the largest cyber seed dedicated fund domiciled in the United States.” This new fund, called Seed…
Yubico Goes Public: Implications and Rise of Hardware-based Authentication The Growing Importance of Hardware-based Authentication In an era of increasingly sophisticated cyber threats, online security has become a paramount concern for individuals and organizations alike. The need for robust authentication methods to protect sensitive information and prevent unauthorized access has never been greater. Yubico, a…
The Mac Security Survey 2023: Cybersecurity Myths and Online Behavior Inconsistencies Evaluating the Threat Landscape The rise of cybercrime poses a constant challenge to the security and privacy of individuals and organizations alike. As technology advances, so do the methods and techniques employed by malicious actors. With the prevalence of Macs in today’s digital landscape,…
A Disturbing Trend: Online Scams and Human Trafficking in Southeast Asia Billions of Dollars at Stake A recently released report by the United Nations has shed light on the alarming issue of online scam operations in Southeast Asia. According to the report, these illegal activities generate billions of dollars in profits by exploiting hundreds of…
Cloud security startup Grip Security has secured $41 million in a Series B funding round led by Third Point Ventures, bringing its total raised to $66 million. The company, based in Tel Aviv with offices in Boston, focuses on helping organizations protect data and identities in SaaS applications. Grip Security is specifically targeting SaaS identity…
Internet Security: Protecting Latin American Entrepreneurs and Businesses from Emerging Threats Internet Security: Protecting Latin American Entrepreneurs and Businesses from Emerging Threats Latin American entrepreneurs and businesses have been experiencing a significant rise in success and influence in recent years. From innovative startups to established companies, Latin America’s business landscape is thriving. However, as this…
The Importance of Internet Security in an increasingly Threatening Digital Landscape The Rising Threats of Malware and Phishing in the Cloud: A Comprehensive Analysis Introduction Internet security has become an indispensable concern in our increasingly interconnected world. With innovations such as cloud computing and the rise of online platforms like WordPress, the need for robust…
Ransomware Group 8base Comes to Light A ransomware group known as 8base has recently emerged from the shadows after operating discreetly for over a year. The group has gained attention due to a series of business data leaks on the Dark Web. 8base has been conducting double-extortion attacks against small and midsized businesses (SMBs) since…
Crosspoint Capital Partners, a private equity firm, has acquired security solutions provider Absolute Software for $870 million, which includes the security provider’s current debt. Absolute Software offers endpoint security and secure access solutions – enabling visibility and control over devices, applications, and network connections, and has 21,000 customers around the world. The acquisition was unanimously approved by Absolute’s board of…