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Securicy Data Solutions Ltd recently secured $1.2 million in funding from private equity firms and angel investors, including Hub Angels, Panache Ventures, and Concrete Ventures. The Cape Breton based cybersecurity startup stated the new proceeds will accelerate the company’s...
Less than half of organizations are equipped with proper cyber defenses to thwart the possible cyber threats. According to the information security firm CyberArk, only 50 percent of the companies have a security strategy in place for DevOps, IoT,...
ZeroNorth, a provider of orchestrated risk management services, recently partnered with cybersecurity company CyberProof to provide customers with comprehensive solutions and services for managing risk across applications and infrastructure. The ZeroNorth platform accelerates and scales infrastructure risk management continuously orchestrates...
Cybercriminals are using popular online sites or services to spread malware and exploit, a research claimed. Hackers are using phony Office 365 website to trick users into downloading the TrickBot password-stealing Trojan masked as Chrome and Firefox browser updates,...
Facebook is set to pay the largest fine imposed on a technology company by the Federal Trade Commission. The social media giant has been slapped with a massive $5 billion fine for allegedly violating privacy practices and mishandling user...
A recent survey from technology giant IBM revealed that the average cost of a data breach in India has grown 7.29 percent to reach Rs 12.8 crore from Rs 11.9 crore last year. According to the survey report dubbed...
By Brian Parks, Senior Vice President, Security Services, Intraprise Health Data breaches are on the minds of every C-suite executive in healthcare. Third parties (i.e., vendors) with access to organizations’ protected health information (PHI) and/or personally identifiable information (PII)...
Security reports have alleged that the Chinese telecommunications company Huawei has been recruiting high-level operatives linked to China's military and intelligence agencies, the express.co.uk reported. According to Professor Christopher Balding, who conducted the research, around 100 Huawei’s employees had...
Security researchers revealed that cybercrime incidents are on a dramatic rise. According to a report from the Internet Society’s Online Trust Alliance (OTA), cybercrime has become a $45 billion industry in 2018. The report, Cyber Incident & Breach Trends, was...
Artificial Intelligence company OpenAI recently raised $1 billion from the tech giant Microsoft Corporation. Along with the funding, OpenAI also made an exclusive computing partnership with Microsoft to build new Azure AI supercomputing technologies. Formed by technology veterans Elon Musk...