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Category: Security

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India to launch new domain name for banks to fight digital fraud

India’s central bank is introducing an exclusive “.bank.in” domain for banks from April 2025 as part of efforts to combat rising digital payment frauds and bolster trust in online banking services. The Institute for Development and Research in Banking Technology (IDRBT) will serve as the exclusive registrar for the new domain, the Reserve Bank of…

IMI becomes the latest British engineering firm to be hacked

British engineering company IMI has disclosed a cybersecurity incident just days after rival firm Smiths reported it was targeted by hackers.  IMI, a Birmingham-based firm that designs and manufactures products for industrial automation, transport, and climate control, said in a filing with the London Stock Exchange on Thursday that it is “currently responding to a…

Ransomware payments dropped in 2024 as victims refused to pay hackers

Ransomware payments fell by more than one-third in 2024 as an increasing number of victims refused to negotiate with hackers. In a report published Wednesday, crypto forensics firm Chainalysis said that while ransomware gang leak sites posted more victims than in previous years during 2024, fewer victims gave in to the hackers’ demands. Chainalysis reported…

Check Point Security Solutions Now Available to Sherweb Partners

Channel distributor Sherweb has announced a new collaboration with security vendor Check Point Software Technologies. The companies are launching two new cybersecurity solutions to strengthen MSP cybersecurity. Check Point’s Harmony solutions now available through Sherweb Through this partnership, Sherweb customers can now access Check Point Harmony Email & Collaboration and Check Point Harmony SASE to…

Spyware maker Paragon confirms U.S. government is a customer

Israeli spyware maker Paragon Solutions confirmed to TechCrunch that it sells its products to the U.S. government and other unspecified allied countries. Paragon’s executive chairman John Fleming said in a statement to TechCrunch on Tuesday that, “Paragon licenses its technology to a select group of global democracies — principally, the United States and its allies.”…

Grubhub confirms data breach affecting customers and drivers

U.S. food delivery giant Grubhub says hackers accessed the personal details of customers and drivers after breaching its internal systems.  Grubhub is a popular food-ordering and delivery platform with over 375,000 merchants and 200,000 delivery providers using its platform in more than 4,000 U.S. cities. New York-based Wonder Group acquired the company last fall in…

Riot raises $30 million for its cybersecurity product suite focused on employees

French startup Riot has raised a $30 million Series B round after reaching $10 million in annual revenue in 2024. Originally focused on educating employees about cybersecurity risks, the company now wants to go one step further and nudge employees so that they minimize their attack surface. Left Lane Capital is leading today’s round with…

Privacy Concerns with Digital Driver’s Licenses, The Rise of DeepSeek AI

In this episode, we explore the rollout of digital driver’s licenses in states like Illinois and the potential privacy issues that come with them. Can digital IDs truly enhance convenience without compromising your privacy? We also discuss the new Chinese AI model, DeepSeek, which is affecting U.S. tech companies’ stock prices. Join us as we…

US nonprofit healthcare provider says hackers stole medical and personal data of 1M+ patients

Community Health Center (CHC), a Connecticut-based nonprofit healthcare provider, has confirmed that hackers accessed the sensitive data of more than a million patients. In a filing with Maine’s attorney general on Thursday, CHC said it detected suspicious activity on its network on 2 January and determined that a “skilled criminal hacker” had accessed its network…

US Justice Department says cybercrime forum allegedly affected 17 million Americans

U.S. prosecutors accused an Argentinian national living in Spain of being an “active administrator” of Nulled, one of the two hacking forums seized and shut down by authorities. © 2024 TechCrunch. All rights reserved. For personal use only.

Backline automatically remediates security vulnerabilities

Backline, a new security startup that uses AI agents to automatically remediate security vulnerabilities, is coming out of stealth with a $9 million seed round led by StageOne Ventures. This is the third startup by Maor Goldberg, the company’s co-founder and CEO. He previously co-founded Whitebox Security, which he sold to SailPoint in 2015, as…