Aerospace giant Boeing has confirmed that it is dealing with a “cyber incident,” days after the company was listed on the leak site of the LockBit ransomware gang. In a statement given to TechCrunch, Boeing spokesperson Jim Prolux confirmed that…
Category: Security News | TechCrunch
When generative AI cyberthreats arrive, Wraithwatch will be ready and waiting
Generative AI is pervading just about every industry already, whether we like it or not, and cybersecurity is no exception. The possibility of AI-accelerated malware development and autonomous attacks should alarm any sysadmin even at this early stage. Wraithwatch is…
Xage Security raises $20M more to expand its security platform
While the number of cybersecurity funding deals reached a high point in 2022, that doesn’t mean that the sector’s tapped out — far from it. According to Statista, there were 148 deals in Q2 2023 worth a combined $1.6 billion.…
Lawmakers say Costco’s decision to continue selling banned China surveillance tech is ‘puzzling’
Two U.S. lawmakers have asked retail giant Costco why it continues to sell surveillance equipment made by Lorex, despite warnings of cybersecurity risks and links to human rights abuses. The bipartisan letter dated October 31, sent by Rep. Christopher Smith…
Atlassian urges customers to take ‘immediate action’ to protect against data-loss security bug
Australian software giant Atlassian has warned of a critical security flaw that could lead to “significant data loss” for customers, just weeks after state-backed hackers targeted its products. In an advisory this week, the company urged customers to patch against…
With its exit from Russia complete, Group-IB plans its US expansion
In just a few weeks, Group-IB will be celebrating its twentieth birthday. It’s a momentous occasion for the controversy-marred threat intelligence company, which helps organizations and governments investigate cyberattacks and online fraud. And Group-IB is planning to celebrate in style.…
Security researchers observed ‘deliberate’ takedown of notorious Mozi botnet
Security researchers say they have observed what they believe is a takedown of the notorious Mozi botnet that infiltrated more than a million Internet of Things devices worldwide. In research shared with TechCrunch ahead of publication on Tuesday, researchers at…
Log analysis and security firm Graylog raises $9M in equity, $30M in debt
The decline in VC funding for cybersecurity startups might finally be reversing course after months of discouraging trend lines. Recently, Crunchbase reported that cybersecurity startups raised nearly $1.9 billion through 153 deals in Q3 — a 12% increase from the…
Why ransomware victims can’t stop paying off hackers
In September, MGM Resorts was hit by a devastating ransomware attack, downing operations at some of its most iconic casino hotels in Las Vegas, including the Bellagio, Mandalay Bay and the Cosmopolitan. Guests were forced to wait hours to check…
US-led cybersecurity coalition vows to not pay hackers’ ransom demands
The U.S. government and dozens of foreign allies have pledged never to pay ransom demands in a bid to discourage financially motivated hackers and ransomware gangs profiteering from cyberattacks. The joint pledge was announced during the third annual meeting of…