ZeroFox, an enterprise threat intelligence cybersecurity startup that helps companies detect risks found on social media, has announced plans to become a publicly traded company via a merger with blank-check company L&F Acquisition. As part of the transaction, Maryland-based ZeroFox — which has raised more than $154 million in funding since it was founded in […]
Is the UK government’s new IoT cybersecurity bill fit for purpose?
Internet of Things (IoT) devices — essentially, electronics like fitness trackers and smart lightbulbs that connect to the internet — are now part of everyday life for most. However, cybersecurity remains a problem, and according to Kaspersky, it’s only getting worse: there were 1.5 billion breaches of IoT devices during the first six months of […]
Sequoia backs blockchain scaling startup StarkWare at $2 billion valuation
As the crypto world continues to heat up, developers are clinging to the Ethereum network despite its general struggle to meet the stresses of a global network’s transaction load. To speed and cheapen transactions on Ethereum, developers are looking toward so-called Layer-2 (L2) blockchains, which build on the Ethereum network, offloading the computational stresses while […]
Ubisoft Is Getting Into The Blockchain Grift
At this point, we’re all just holding out hope that our favorite video game franchises aren’t getting into weird crypto shit. Sometimes, it’s a vain hope. In today’s second quarterly earnings report, Ubisoft said it is exploring blockchain for games. R…
Facebook whistleblower, Frances Haugen, raises trust and security questions over its e2e encryption
Frances Haugen, one of (now) multiple Facebook whistleblowers who have come forward in recent years with damning testimony related to product safety, gave testimony in front of the UK parliament today — where, in one key moment, she was invited to clarify her views on end-to-end encryption following a report in the British newspaper the […]
Ethereum: The great handshake
Ethereum and the emergence of Web 3.0 paint a shifting picture — an internet not just private, but open and transparent by default.
F12 isn’t hacking: Missouri governor threatens to prosecute local journalist for finding exposed state data
Missouri governor Mike Parson is facing a monumental backlash after threatening to prosecute a journalist for responsibly reporting a serious security lapse in the state’s website. Earlier this week, St. Louis Post-Dispatch journalist Josh Renaud reported that the website for the state’s Department of Elementary and Secondary Education (DESE) was exposing over 100,000 teachers’ Social Security […]
Yubico’s new hardware key features a fingerprint reader for passwordless logins
Yubico, the maker of hardware security keys, has unveiled the YubiKey Bio, its first key to support biometric authentication for passwordless logins and multi-factor authentication (2FA) The launch of the YubiKey Bio comes as tech giants transition away from traditional password-based logins, a prime target for cyberattacks. Microsoft recently rolled out a passwordless sign-in option […]
New Treasury sanctions take aim at blocking ransomware groups from cashing out
The U.S. Treasury is wading into the fight against ransomware by sanctioning virtual cryptocurrency exchange Suex for its role in facilitating ransomware payments. The sanctions are the first of its kind against a cryptocurrency exchange, and prohibit Americans from doing business with the company. It’s the latest action as part of a U.S. government-wide effort […]
OpenSea admits incident as top exec is accused of trading NFTs on insider information
The “eBay of NFTs” is running into a scandal as it admits one of its employees traded the crypto digital assets using insider information from the platform. Yesterday, a top executive at NFT platform OpenSea was accused of front-running sales on the platform, purchasing pieces from NFT collections before they were featured on the homepage […]