Manufacturing Cybersecurity: Trends & Survey Response
Trend Micro conducted a study on the state of industrial cybersecurity in the oil and gas, manufacturing, and electricity/energy industries in 2022. Based on the results of a survey of over 900 ICS business and security leaders in the United States, Germany, and Japan, we will discuss the characteristics of each industry, the motivations and…
Asset Risk Management Firm Sepio Raises $22 Million in Series B Funding
The new funding round was led by U.S. Venture Partners, with additional investment from Bess Ventures, Citi Ventures, Stanford University, World Trade Ventures, and angel investors. Founded in 2016, the Rockville, Maryland-based firm provides physical layer-based asset risk management capabilities, helping organizations deal with known and shadow IT assets at any scale. Basically, Sepio helps…
CNC Machines Vulnerable to Hijacking, Data Theft, Damaging Cyberattacks
Trend Micro is presenting the research this week at SecurityWeek’s 2022 ICS Cyber Security Conference in Atlanta, which can also be joined online via SecurityWeek’s virtual event platform. Registration for the event is still open. CNC machines can be programmed to carry out a wide range of tasks with a high level of efficiency, consistency…
Anonos Raises $50 Million for Data Privacy Platform
Founded in 2012, the New York-based company offers Data Embassy, a software platform that aims to protect data in use by applying pseudonymization and other techniques to transform the data into ‘Variant Twins’, representing non-identifiable but fully accurate assets. Courtesy of multi-level data privacy and security controls, the company says, Variant Twins can be used…
China’s Winnti Group Seen Targeting Governments in Sri Lanka, Hong Kong
Active since at least 2007 and also tracked as APT41, Barium, Blackfly, Double Dragon, Wicked Panda, and Wicked Spider, the Winnti Group is believed to be formed of multiple subgroups engaging in both cyberespionage and financially motivated operations. As part of a campaign ongoing since early August, the threat actor has been deploying various payloads…
OutThink Raises $10 Million for Human Risk Management Platform
The funding round was led by AlbionVC, with participation from Forward Partners, Gapminder, Innovate UK, and TriplePoint Capital. Founded in 2019, the London, UK-based company proposes a new approach to security awareness training. The company’s SaaS solution helps organizations identify and manage human risk, to improve employee behavior. The platform combines human intelligence with data…
IronVest Emerges From Stealth Mode With $23 Million in Seed Funding
The investment round was led by Accomplice, with participation from Joule Ventures, OurCrowd, Trust Ventures, Ulysses, and several angel investors. Founded in December 2021, the New York-based company provides a biometric security and privacy application for protecting digital accounts across banking, email, investing, and healthcare services. IronVest says its solution takes a decentralized approach to…
Mirai Botnet Launched 2.5 Tbps DDoS Attack Against Minecraft Server
The attack was aimed at a Minecraft server named Wynncraft and it involved UDP and TCP floods. However, the web security firm said it mitigated the attack, preventing it from causing any disruption to the game. While this may have been a record-breaking attack for Cloudflare, Microsoft last year observed an attack that peaked at…
DataGrail Raises $45 Million for Data Privacy Platform
The new investment round was led by Third Point Ventures, with participation from Cloud Apps Capital, Felicis Ventures, Next47, Operator Collective, Sixty Degree Capital, and Thomson Reuters Ventures. Founded in 2018, the San Francisco-based firm provides a data privacy solution that creates an automated map of all business systems within an organization, to provide visibility…
Malwarebytes Launches MDR Solution for SMBs
Endpoint detection and response (EDR) specialist provider Malwarebytes has launched a new managed detection and response (MDR) solution to bring threat and incident detection to the SMB market. SMBs are heavily targeted by malicious actors because they are often considered to be the soft underbelly of opportunity. The MDR solution combines the security firm’s EDR…
