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Stenn banks $50M on a $900M valuation for a platform to finance SMBs that trade internationally

TechCrunch

And yet, “the main source [of funding] for them right now is the traditional banking system. Banks in developed countries are focused on supply chain finance for large countries and banking systems in developing markets are still underdeveloped. trillion and will grow to $6.1 trillion in the next four years,” he said.

Banking 208
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So much fintech M&A

TechCrunch

On Friday, January 13, investment giant BlackRock announced it was acquiring a minority stake in SMB 401(k) provider startup Human Interest. For one, as one source told me, BlackRock’s investment is a show of faith in the SMB 401(k) market — one where the firm hasn’t historically played. What happened to due diligence here???

Fintech 294
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South Korean HR automation platform flex raises $32M Series B at a $287M valuation

TechCrunch

It also plans to launch performance review and talents relation management tools in the first quarter of 2022. . “At The startup has primarily been serving SMBs in the IT sector. However, flex plans to expand the addressable market by targeting new industries in the SMB space this year.

SMB 252
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Robco links up with $14M led by Sequoia to bring modular robotics to industrial SMBs

TechCrunch

In short, SMBs might need to scale up productivity at times but — either due to the economics of the need, or labor shortages, or both — are unable to hire people to fill those jobs on a permanent basis. This is an area that those making larger machines for bigger industrial clients had yet to address, he said.

Industry 256
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CVE-2020-0796: "Wormable" Remote Code Execution Vulnerability in Microsoft Server Message Block SMBv3 (ADV200005)

Tenable

Successful exploitation of the vulnerability would grant the attacker arbitrary code execution in both SMB Server and SMB Client. Version 1903 for 32-bit Systems. Version 1903 for ARM64-based Systems. Version 1903 for x64-based Systems. Version 1909 for 32-bit Systems. Version 1909 for ARM64-based Systems.

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WannaCry Ransomware Review and Global Impact.

ProtectWise

WannaCry's primary infection vector is through publicly accessible hosts running an unpatched version of Windows via the SMB protocol. WannaCry spreads primarily over SMB, but it can also use RDP. SMB, in particular, will then be used to send an exploit for the MS17-010 vulnerability. How Does WannaCry Infect a Host?

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Microsoft’s June 2020 Patch Tuesday Addresses 129 CVEs Including Newly Disclosed SMBv3 Vulnerability (CVE-2020-1206)

Tenable

CVE-2020-1194 is a denial of service (DoS) vulnerability due to the Windows Registry improperly handling filesystem operations. An attacker would need access to the system in order to launch a crafted application to exploit this flaw. This flaw can be exploited on an authenticated server or against an SMB client.

SMB 106