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Versa raises $120M for its software-defined networking and security stack

TechCrunch

Networking and cybersecurity firm Versa today announced that it raised $120 million in a mix of equity and debt led by BlackRock, with participation from Silicon Valley Bank. They came from Juniper Networks, where Apurva Mehta was the CTO and chief architect of the mobility business unit and Kumar Mehta was the VP of engineering.

Security 193
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8 major IT disasters of 2024

CIO

While it took AT&T close to two hours to roll back the network change, restoration of full service took at least 12 hours because the mobile carriers device registration systems were overwhelmed with the high volume of requests for re-registration onto the network, the FCC said. We sense a trend here.

Malware 204
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Dragos raises $110M Series C as demand to secure industrial systems soars

TechCrunch

Dragos was founded in 2016 to detect and respond to threats facing industrial control systems (ICS), the devices critical to the continued operations of power plants, water and energy supplies, and other critical infrastructure. But the country has faced extensive criticism for its human rights record by international rights groups.

Industry 305
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Window Snyder’s new startup Thistle Technologies raises $2.5M seed to secure IoT devices

TechCrunch

Botnet operators are known to scan the internet for devices with weak default passwords and hijack their internet connections to pummel victims with floods of internet traffic , knocking entire websites and networks offline. Mirai had ensnared thousands of IoT devices into its network at the time of the attack.

IoT 207
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Even North Korea has an antivirus program—but it’s used for spying

The Parallax

Malware and antivirus software usually go together like tacos and pickles. Pretty much any software can be targeted to be ripped off,” says Mark Lechtik, a security researcher on the Check Point Malware Research Team who led the investigation into SiliVaccine. Leave it to North Korea to combine them like peanut butter and jelly.

Spyware 187
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UK cyber startup Immersive Labs acquires US-based Snap Labs — and there’s a climate angle

TechCrunch

Pennsylvania-based Snap Labs was founded in 2016 by co-founders Chris Myers and Barrett Adams. James Hadley, CEO of Immersive Labs, said: “The acquisition of Snap Labs will allow customers to build better cyber workforces with richly detailed realistic experiences pinpointed to the risk they face.”.

Malware 167
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Agentless Workload Scanning Gets Supercharged with Malware Scanning

Prisma Clud

Using WildFire in 2021 to analyze malicious files, our threat research team discovered a 73% increase in Cobalt Strike malware samples compared to 2020. The speed, volume and sophistication of modern malware attacks has made them more difficult to detect.

Malware 76