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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

Unlike other African countries, South Africa also has a functioning credit system with the prevalent use of credit cards. Chinese internet giant Tencent led the round, with other investors Endeavor Catalyst and Endeavor Harvest Fund participating. 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

On October 20, 2023, Okta Security identified adversarial activity that used a stolen credential to gain access to the company’s support case management system. Once inside the system, the hacker gained access to files uploaded by Okta customers using valid session tokens from recent support cases.

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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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Unveiling the risks of OT systems and how to secure them

CIO

When we consider what security means for an organization, most think of needing to secure systems and devices like cloud computing instances, servers, employee workstations, and other tech commonly seen in the workplace. To address this, attack surface management (ASM) offers a lifeline for organizations to secure their OT systems.

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Sharing Responsibility for Data Security in the Cloud

CIO

Therefore, it’s up to CIOs to do due diligence about what sort of security controls are in place and to ensure data is well protected in an [as-a-service] operating model. This also makes it easier for developers to create secure code. Include the enterprise risk management team.

Cloud 174
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Ex-Uber software engineers raise $3M for Sperta, a 6-month-old startup that wants to help fintechs better manage fraud risk

TechCrunch

Working together at Uber’s risk team, Yifu Diao and Ming Fang came to realize that with the hypergrowth the company was seeing came fraud challenges. When Fang joined Uber’s risk team in 2016, there was a need to use Mastermind at dispatch time — when drivers and riders are matched.

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