cybersecurity
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HYPR raises $3 million to keep hackers from getting their hands on your fingerprints
If your account gets hacked these days, the first thing you’ll do typically is reset your password, maybe beef up your security settings, and proceed to use the account or app again. But what if hackers get their hands on your fingerprint, iris or other biometric data? You can’t just change your fingerprints or eyes on a whim. That’s where a New York City startup called… Read More
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Sift Science raises $30 million to predict and prevent fraud everywhere online
To predict and prevent fraud online even more quickly than cybercriminals adopt new tactics, Sift Science has raised $30 million in a Series C round of venture funding in a round led by Insight Venture Partners. According to the U.S. Internet Crime Complaint Center (IC3) 2015 annual report, reported internet crimes alone, ranging from personal and corporate data breaches to credit card… Read More
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Cybersecurity startup Darktrace intercepts $64M in fresh funding at a valuation of over $400M
Darktrace, the U.K. cybersecurity startup whose backers include Autonomy founder Mike Lynch’s Invoke Capital, has closed $64 million in fresh funding. The new round was led by global investment firm KKR, with participation from existing investor Summit Partners, and new investors TenEleven Ventures and SoftBank. Read More
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Cylance, fighting malicious hackers with AI, hits $1B valuation after raising $100M
“If you can’t beat them, join them” may not sound like the most encouraging pitch for a cybersecurity company, but a startup called Cylance has created an artificial intelligence-powered brain that essentially does just that, and it has taken off — raising $100 million in a Series D round of funding and catapulting itself into the so-called ‘unicorn’ club… Read More
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The gaming industry can become the next big target of cybercrime
Video-game-related crime is almost as old as the industry itself. But while illegal copies and pirated versions of games were the previous dominant form of illicit activities, recent developments and trends in online gaming platforms have created new possibilities for cybercriminals to swindle huge amounts of money from an industry that is worth nearly $100 billion. And what’s worrisome… Read More
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Why incident response plans fail
Following a cyber attack on critical infrastructure, emotions run high and the clock starts ticking. Suddenly what appears to be a well-structured incident response plan on paper can turn into a confusing “storming session” around who owns what. Rather than identifying, analyzing and eradicating the threat, organizations can easily become entangled in processes hindering response… Read More
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Making sense of enterprise security
Until recently, I knew nothing about enterprise security beyond some of the more widely-publicized breaches in the United States. That said, after spending most of 2016 immersed in the space, I’ve come to appreciate just how challenging and broad an issue security has become to enterprises. I’ve also come to believe that our best hope for solving security is by understanding… Read More
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Building a brand-new Internet
We do not possess the ability to read the future, and yet we can predict with a high level of certainty that we will see more major cybersecurity incidents in 2016 and 2017. The world’s cybersecurity capability is not able to advance in line with the growing vulnerabilities. Incremental security changes will not work. We need disruptive innovation. Read More
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Transcending Borders Through Technology
As is clear from the front pages of newspapers recently, we are living in a world where open democratic values are under attack. Paris, Bamako, San Bernardino, Jakarta and Ouagadougou have all been targeted by terrorists. At the same time, we are in the midst of a technological revolution that is reshaping our society. The Internet of Things is driving a whole new way for businesses to… Read More
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The Promise Of 5G
The evolution of personal communication has fundamentally altered the everyday lives of most people on our planet. Armed with a smartphone connected to a seemingly infinite ocean of information, entertainment and applications, many of us cannot remember a time when we weren’t dependent on our mobile devices and networks for most of our daily needs. Read More
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