Material Security has closed a $100 million funding round on a $1.1 billion valuation to extend its protection of sensitive content at rest beyond email. The startup will take patents for defending content in old emails and apply them to SaaS applications such as Dropbox, Google Drive and Slack.
Abnormal Security has closed a $210 million funding round on a $4 billion valuation to apply its account takeover prevention technology to areas other than email. The company wants to use its AI to protect accounts across systems and SaaS platforms and in environments such as Workday and Salesforce.
Today’s sophisticated cyberattacks combine multiple tactics that include social engineering, zero-day malware and 3rd party OAuth app abuse. Threat actors employ tactics across email, cloud and web that target specific people in your organization to breach your environment and access sensitive data. Hybrid work...
Nearly 20,000 attacks. An average loss of $120,000 per attack. Billions of dollars sent to cybercriminals each year. Business email compromise is no joke, and it’s continuing to increase—despite increased awareness of the issue.
Why? Because the people behind these scams know how to trick humans, relying on...
A data breach involving email marketing firm Mailchimp has affected customers of cryptocurrency hardware wallet provider Trezor, which launched an investigation after its customers received phishing emails containing their Trezor email addresses. Mailchimp says it learned of the breach on March 26.
A phishing campaign, likely carried out by a state-sponsored threat actor, is targeting European government personnel who are aiding Ukrainian refugees, Proofpoint says. The TTPs in the campaign resemble those of Ghostwriter, a group that was the subject of a Ukrainian CERT warning on Feb. 25.
Your secure email gateway (SEG) never stood a chance. Socially-engineered attacks are the largest security threat, and with the rise of modern attacks like supply chain compromise, executive impersonation, and account takeover, it’s become obvious that the SEG no longer works. These traditional solutions simply...
Your secure email gateway (SEG) never stood a chance. Socially-engineered attacks are the largest security threat, and with the rise of modern attacks like supply chain compromise, executive impersonation, and account takeover, it’s become obvious that the SEG no longer works. These traditional solutions simply...
In 2021, there were 1,862 data compromises - a 68% increase over 2020, according to the Identity Theft Resource Center's Annual Data Breach Report. "In this past year, there were more cyberattack-related data breaches than there were all forms of data breaches in 2020," says ITRC COO James E. Lee.
North Korean advanced persistent threat group Lazarus - an entity sanctioned by the U.S. and the United Nations - has emerged with a fresh spear-phishing campaign that exploits Windows Updates to execute a malicious payload, using GitHub as a command-and-control server.
"Email security doesn't get the attention it deserves" because "phishing is not going away and is not getting any less," says Jess Burn, a senior analyst at Forrester. She shares best practices for phishing prevention.
People are leaving their jobs in droves during "Great Resignation," and the cybersecurity industry is not immune to the trend. Mike Hamilton, the former CISO for the city of Seattle, warns organizations about the opportunities this presents for cybercriminals and outlines how employers can work to retain talent. "The...
A Florida-based gastroenterology practice is in the process of notifying more than 212,500 individuals of a December 2020 breach involving a business email compromise and fraud. What steps can other entities take to prevent falling victim to similar incidents?
As ransomware attacks continue to pose a significant threat to enterprises and individuals, "We will keep banging the message that basic cyber hygiene makes a big difference to lots of people," says Andy Bates of the Global Cyber Alliance. He also discusses the alliance's top priorities for 2022.
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