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Today we have new venture funds, spyware news, Brex raising (again), and more. Cybersecurity matters to democracy : Spyware built by the infamous NSO Group was “used to spy on three critics of the Polish government,” according to Citizen Lab, TechCrunch reports. Hello and welcome to Daily Crunch for January 11, 2022!
Fraud detection software developed in the past have traditionally been based on rules -based models. This traditional approach of using rules or logic statement to query transactions is still used by many banks and payment gateways today and the bad guys are having a field day. This will require another product for data governance.
We had 1,322 complete responses, of which 419 (32%—roughly one-third) are members of a security team. 903 respondents aren’t on a security team, although 19% of that group hold at least one security-related certification. Our goal was to understand the state of security: What challenges do security teams face? That gives us 27.9%
MITRE is the name of a US government-funded organization with a substantial cybersecurity practice spun out of MIT in 1958. It serves as an extensive resource for security researchers, analysts, and incident response teams in evaluating and validating the effectiveness of their respective security defense systems.
If you have an IT team, keep in mind that they don’t always have time to conduct a comprehensive cybersecurity assessment because they are already overwhelmed with day-to-day tasks. Therefore, many businesses hire cybersecurity experts to join their teams and take care of security tasks. Making use of out-of-date software.
A hacker’s goal is to identify weaknesses or vulnerabilities in an organization’s IT infrastructure that they can then exploit for nefarious purposes. Nevertheless, sometimes it can take days, or even months, for software developers or users to detect a vulnerability. Software vulnerabilities pose serious cybersecurity risks.
Everyone deserves digital : I wrote about Finli, a startup that raised $6 million in new funds to continue developing its payment management app for service-based businesses. TechCrunch+ is our membership program, which helps founders and startup teams get ahead. Oh, and she also wrote about Nothing and its Black Dot NFT. Advancing AI.
For developers, several high-profile software security exploits have recently underscored the risks inherent in a similar type of supplier network: the software supply chain. The software supply chain also encompasses the people, organizations, and processes involved in software development. Examples of software supply chain attacks.
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