Musk Now Gets Chance to Defeat Twitter’s Many Fake Accounts
He later cited bots as a reason to back out of buying the social platform. Now that the billionaire has completed the deal, he’s faced with the task of delivering on his promise to clean up the fake profiles that have preoccupied him and bedeviled Twitter since long before he expressed interest in acquiring it….
Australia Flags New Corporate Penalties for Privacy Breaches
The penalties for serious breaches of the Privacy Act would increase from 2.2 million Australian dollars ($1.4 million) now to AU$50 million ($32 million) under amendments to be introduced to Parliament next week, Attorney-General Mark Dreyfus said. A company could also be fined the value of 30% of its revenues over a defined period if…
Apple Fixes Exploited Zero-Day With iOS 16.1 Patch
The Cupertino device maker confirmed the active exploitation of CVE-2022-42827, warning in a barebones advisory that the flaw exposes iPhones and iPads to arbitrary code execution attacks. “An application may be able to execute arbitrary code with kernel privileges. Apple is aware of a report that this issue may have been actively exploited,” Apple said…
France Slaps Fine on Face Recognition Firm Clearview AI
The company collects images of faces from websites and social media feeds without seeking permission and sells access to its vast database — reportedly around 20 billion pictures — to clients including law enforcement agencies. Privacy activists around the world have raised objections to the business model, already winning a case in the United States…
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…
Cybersecurity Investment Remains Strong, M&A Activity Heads Toward New Annual Record
Strong areas of interest to investors included blockchain security, IAM, and privacy, while interest in DevSecOps and the need to embed security throughout the software development life cycle is growing. Two very large deals were announced during Q3. On August 29, 2022, OpenText announced an agreement to purchase Micro Focus for a total of $6.7…
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…
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…
RealDefense Raises $30 Million to Acquire More Privacy, Cybersecurity Firms
Founded in 2017, the Pasadena, California-based firm provides organizations with privacy, cybersecurity, and optimization solutions for PC, Mac, and mobile devices. The firm offers software and services tailored for consumers and small businesses and has a global presence in 33 countries, claiming to have more than one million customers. Additionally, RealDefense offers an M&A playbook…
New Open Source Tool Shows Code Injected Into Websites by In-App Browsers
Some mobile applications use built-in browsers to allow users to quickly access third-party websites. Other apps include a browser to load their own resources, which may be needed to perform various activities. However, these internal browsers could also pose security and privacy risks. Researcher Felix Krause published a blog post earlier this month claiming that…
