cybersecurity

UnitedHealthcare CEO says ‘maybe a third’ of US citizens were affected by recent hack

Biotech & Health /

Two months after hackers broke into Change Healthcare systems stealing and then encrypting company data, it’s still unclear how many Americans were impacted by the cyberattack. Last month, Andrew Witty, the CEO of Change Healthcare’s parent company UnitedHealth Group, said that the stolen files include the personal health information of “a substantial proportion of people […]

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Pinterest says its AI-powered collages are now more engaging than Pins

Apps /

In the summer of 2022, Pinterest quietly launched a new iOS app called Shuffles that allowed people to put together collages using photos and image cutouts from its website. The app took off with Gen Z users, and the functionality later became integrated into Pinterest itself. Now the company says its collage feature, which is

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UnitedHealth CEO tells Senate all systems now have multi-factor authentication after hack

Security /

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

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Citigroup’s VC arm invests in API security startup Traceable

AI /

In 2017, Jyoti Bansal co-founded San Francisco-based security company Traceable alongside Sanjay Nagaraj, a former investor. With Traceable, Bansal — who previously co-launched app performance management startup AppDynamics, acquired by Cisco in 2017 — sought to build a platform to protect customers’ APIs from cyberattacks. Attacks on APIs — the sets of protocols that establish

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SafeBase taps AI to automate software security reviews

Security /

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

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Change Healthcare hackers broke in using stolen credentials — and no MFA, says UHG CEO

Government & Policy /

The ransomware gang that hacked into U.S. health tech giant Change Healthcare used a set of stolen credentials to remotely access the company’s systems that weren’t protected by multifactor authentication (MFA), according to the chief executive of its parent company, UnitedHealth Group (UHG). UnitedHealth CEO Andrew Witty provided the written testimony ahead of a House

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Thoma Bravo to take UK cybersecurity company Darktrace private in $5B deal

Security /

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

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Rubrik’s shares end trading up almost 16% on the company’s public debut

Security /

Rubrik shares hit the New York Stock Exchange Thursday, debuting at $38 a share. The cybersecurity company priced its shares at $32 apiece Wednesday night, just a hair over its initial target range of $29 to $31 after raising $752 million. This share price gives Rubrik a fully diluted valuation of $6.6 billion, up 88%

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Ex-NSA hacker and ex-Apple researcher launch startup to protect Apple devices

Security /

Two veteran security experts are launching a startup that aims to help other makers of cybersecurity products to up their game in protecting Apple devices. Their startup is called DoubleYou, the name taken from the initials of its co-founder, Patrick Wardle, who worked at the U.S. National Security Agency between 2006 and 2008. Wardle then

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Security bugs in popular phone-tracking app iSharing exposed users’ precise locations

Privacy /

Last week when a security researcher said he could easily obtain the precise location from any one of the millions of users of a widely used phone-tracking app, we had to see it for ourselves. Eric Daigle, a computer science and economics student at the University of British Columbia in Vancouver, found the vulnerabilities in

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