A couple of weeks ago, TechCrunch broke the news that Akamai was in discussions to acquire Noname Security, a specialist in API security, for around $500 million. Today, the deal has been confirmed, though at a slightly lower price. Akamai on Tuesday said it has agreed to buy Noname in a $450 million deal. The […]
Akamai confirms acquisition of Noname for $450M Read More »
An international coalition of police agencies have resurrected the dark web site of the notorious LockBit ransomware gang, which they had seized earlier this year, teasing new revelations about the group. On Sunday, what was once LockBit’s official darknet site reappeared online with new posts that suggest the authorities are planning to release new information
Police resurrect Lockbit’s site and troll the ransomware gang Read More »
A controversial push by European Union lawmakers to legally require messaging platforms to scan citizens’ private communications for child sexual abuse material (CSAM) could lead to millions of false positives per day, hundreds of security and privacy experts warned in an open letter Thursday. Concern over the EU proposal has been building since the Commission
Digital fraud detection company BioCatch has a new majority shareholder: a U.K-based private equity firm, Permira, is acquiring shares in the company “primarily” from existing investors including Bain Capital, Maverick Ventures, and Tech Opportunities, in a secondary market transaction that values BioCatch at $1.3 billion. Existing shareholders Sapphire Ventures and Macquarie Capital are also increasing
UnitedHealth Group chief executive officer Andrew Witty told senators on Wednesday that the company has now enabled multi-factor authentication on all the company’s systems exposed to the internet in response to the recent cyberattack against its subsidiary Change Healthcare. The lack of multi-factor authentication was at the center of the ransomware attack that hit Change
Developers have a problem. It used to be the case that only large enterprises needed to worry themselves with security, but today, every startup is capable of holding huge amounts of customer data. That means developers across the board have to worry about how secure their platform is, and they often find themselves grappling with
The U.S. Federal Communications Commission said on Monday that it is fining the four U.S. major wireless carriers around $200 million in total for “illegally” sharing and selling customers’ real-time location data without their consent. AT&T’s fine is more than $57 million, Verizon’s is almost $47 million, T-Mobile’s is more than $80 million and Sprint’s
US fines telcos $200M for sharing customer location data without consent Read More »
Entrepreneurs Al Yang and Adar Arnon met at Harvard Business School and quickly realized that they had an interest in common: cybersecurity. “We’ve witnessed an evolving business climate that brought along with it an unprecedented need for improved security processes,” Arnon told TechCrunch. “Security’s importance has increased exponentially … [it’s] non-negotiable for technology buyers.” Yang
SafeBase taps AI to automate software security reviews Read More »
Apple’s App Store isn’t always as trustworthy as the company claims. The latest example comes from RockAuto, an auto parts dealer popular with home mechanics and other DIYers, which is upset that a fake app masquerading as its official app has not been removed from the App Store, despite numerous complaints to Apple. RockAuto co-founder
Darktrace is set to go private in a deal that values the U.K.-based cybersecurity giant at around $5 billion. A newly formed entity called Luke Bidco Ltd., formed by private equity giant Thoma Bravo, has tabled an all-cash bid of £6.20 ($7.75) per share, which represents a 44% premium on its average price for the
Thoma Bravo to take UK cybersecurity company Darktrace private in $5B deal Read More »
