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Nord Security, the startup behind NordVPN, raises its first-ever funding, $100M at a $1.6B valuation

TechCrunch

VPN usage has surged in the last several years, with growing concerns over data privacy and security — and sometimes completely different motivations like people wanting to access content otherwise blocked in their regions — driving an estimated 30% of all internet consumers globally to use a VPN at some point this year.

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South African payments gateway Ozow raises $48M Series B led by Tencent

TechCrunch

Chinese internet giant Tencent led the round, with other investors Endeavor Catalyst and Endeavor Harvest Fund participating. The company allows consumers to access their internet banking platform when they make transactions online. Faster deals, less diligence: The African startup market mirrors its larger rivals.

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What you need to know about Okta’s security breach

CIO

No security team can be 100% certain that their defenses are bulletproof all the time–this is what adversaries take advantage of. Kill chain Attack technique Deception defense Initial Access Uses stolen/purchased credentials to access internet-facing applications like IdPs, VPNs, RDP, and VDI.

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Extra Crunch roundup: Lordstown Motors’ woes, how co-CEOs work, Brian Chesky interview

TechCrunch

The startup’s history is tied to places representative of San Francisco: The founding team worked out of Peet’s Coffee on Mission Street for a few months, then crashed at a penthouse lounge near the 4th and King Caltrain station, followed by a tiny office and then a slightly bigger one in the Flatiron building near Market Street.

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Cybersecurity Snapshot: CISA Hands Down Cloud Security Directive, While Threat from North Korean IT Workers Gets the Spotlight

Tenable

North Korea reportedly uses the money to fund its weapons-development efforts. in 2022 and updated it in 2023 with more due diligence recommendations for employers to avoid falling for the scam. Identify HMIs that dont need to be accessible from the internet and take them offline. x Benchmark v2.1.1

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

The 1990s: Founding myth 1990: Mike Lynch, an academic in Cambridge, England, borrows—or so the legend goes—£2,000 to start Cambridge Neurodynamics, going on to develop the software that would later give rise to Autonomy. Lynch’s lawyers will later claim that HP executives spent just six hours in conference calls with his team.

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Payments remain the darling of the fintech space

TechCrunch

Either way, let’s hope 2023 brings with it greater due diligence, less ego and more viable business models. On outage tracker DownDetector.com, irate customers reported missing funds and unexpected negative balances due to problems with the digital payment network.” So whether it’s a correction or a bubble is hard to say really.

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