Month: October 2018

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In a panel focused on securing the enterprise at a conference by the same name hosted by MIT CSAIL and BT Security, moderator Michael Siegel, principal research scientist, management science at MIT Sloan School of Management, talked with panel members about whether their organizations are secure. “Rather than going out and doing some big review, we
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Apple introduces a new privacy feature for all new MacBooks that “at some extent” will prevent hackers and malicious applications from eavesdropping on your conversations. Apple’s custom T2 security chip in the latest MacBooks includes a new hardware feature that physically disconnects the MacBook’s built-in microphone whenever the user closes the lid, the company revealed
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Brex, the corporate card built for startups, unveiled its new rewards program today. The billion-dollar company, which announced its $125 million Series C three weeks ago, has partnered with Amazon Web Services, WeWork, Instacart, Google Ads, SendGrid, Salesforce Essentials, Twilio, Zendesk, Caviar, HubSpot, Orrick, Snap, Clerky and DoorDash to give entrepreneurs the ability to accrue
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Many people think of two-factor authentication as a panacea for protecting users. While 2FA does drastically improve user protections, there are still risks. Attackers recognize that every security control implemented in an enterprise comes with its own risks that need to be managed. Therefore, they have learned to attack security controls in order to compromise
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A new technique to escape malware detection has been used in a malicious campaign targeting smartphones, according to The Media Trust. In today’s blog post, Michael Bittner, digital security and operations manager at The Media Trust, revealed that the campaign involved third-party code that enabled smart malware delivery. The malware, dubbed JuiceChecker-3PC by The Media
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Social e-commerce startup Goxip raised $5 million in January, and now the Hong Kong-based business has brought in more cash with a strategic $1.4 million investment from financial services company Convoy. Existing backers including Chinese photo app company Meitu also took part. Convoy offers a range of services that include asset management, insurance and other
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In what it is calling the “most significant tech acquisition of 2018,” IBM announced today that it will acquire Red Hat, a global provider of open source cloud software. The two companies have finalized an agreement subject to Red Hat shareholder and regulatory approvals, which is expected to close in late 2019. According to IBM,
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Ransomware remains a serious threat and this new white paper explains what enterprises need to know, and do, to reduce risk Throughout 2018 criminals have continued to target large organizations with ransomware. Today we introduce a new white paper that explains why ransomware is still a serious threat to your organization – regardless of size
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A little good press goes a long way for a company like Amazon. The company routinely gets knocked for things like warehouse conditions, tax breaks and impact on smaller retail outlets. AmazonSmile’s helped to counteract that a bit, raising money for legitimately good causes, skimmed off purchases from the site. The online retail giant announced
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John Vrionis Contributor It’s time to bring the conversation about where Silicon Valley gets its money from out into the open. Following recent revelations into Saudi Arabia’s extensive reach and influence in the US technology sector, the willful ignorance that has defined the relationship between venture capital firms and the limited partnerships (LPs) that fund
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Having a lack of influence in the boardroom is one reason why 84% of CISOs in North America believe there is no way to avoid a cybersecurity breach, according to a new report from Kaspersky Lab. Results from the report What It Takes to Be a CISO: Success and Leadership in Corporate IT Security, an annual survey
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The McAfee Mobile Research team recently found an active phishing campaign using text messages (SMS) that tricks users into downloading and installing a fake voice-message app which allows cybercriminals to use infected devices as network proxies without users’ knowledge. If the fake application is installed, a background service starts a Socks proxy that redirects all
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A security researcher with Twitter alias SandboxEscaper—who two months ago publicly dropped a zero-day exploit for Microsoft Windows Task Scheduler—has yesterday released another proof-of-concept exploit for a new Windows zero-day vulnerability. SandboxEscaper posted a link to a Github page hosting a proof-of-concept (PoC) exploit for the vulnerability that appears to be a privilege escalation flaw
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Chinese startups rule the roost when it comes to total reported venture dollars raised so far in 2018. That is, mostly. In one key category at least — software-as-a-service, better known as SaaS — they do not. Ant Financial raised the largest-ever VC round in June, a mind-boggling $14 billion in Series C funding. And nearly a dozen
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There’s some turmoil brewing over at Miami-based facial recognition startup Kairos. Late last month, New World Angels President and Kairos board chairperson Steve O’Hara sent a letter to Kairos founder Brian Brackeen notifying him of his termination from the role of chief executive officer. The termination letter cited willful misconduct as the cause for Brackeen’s
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As concern over medical device cybersecurity grows, the U.S. Food and Drug Administration has taken additional steps to help hospitals get in front of the issue, an action commended by one medical device company CEO. The FDA recently announced efforts to strengthen the agency’s medical device cybersecurity program to help device manufacturers identify security vulnerabilities