Subterms
B Capital Group has shored up $820 million in its second fund, which it says comes amidst a new digital era where entrepreneurs will be looking for ways to drive connectivity. It will be tapping the funds to invest in growth-stage startups, pumping up to $60 million in companies pipped for expansion. The venture capital […] More
Security researchers have discovered this week a new ransomware strain targeting macOS users. Named OSX.EvilQuest, this ransomware is different from previous macOS ransomware threats because besides encrypting the victim’s files, EvilQuest also installs a keylogger, a reverse shell, and steals cryptocurrency wallet-related files from infected hosts. “Armed with these capabilities, the attacker can main full […] More
Promethium, the threat group also known as StrongPity, has been tracked in a new wave of attacks deploying an expanded list of Trojanized installers that abuse the popularity of legitimate applications. Active since roughly 2002, the Promethium advanced persistent threat (APT) group has been exposed time and time again by security researchers and civil rights […] More
The University of California at San Francisco (UCSF) has admitted to paying a partial ransom demand of $1.14 million to recover files locked down by a ransomware infection. The university was struck on June 1, where malware was found in the UCSF School of Medicine’s IT systems. Administrators quickly attempted to isolate the infection and […] More
The enterprise is slowly improving its response to cybersecurity incidents, but in the same breath, it is still investing in too many tools that can actually reduce the effectiveness of defense. On Tuesday, IBM released the results of a global survey, conducted by the Ponemon Institute and featuring responses from over 3,400 security and IT […] More
Image: Evina special feature Securing Your Mobile Enterprise Mobile devices continue their march toward becoming powerful productivity machines. But they are also major security risks if they aren’t managed properly. We look at the latest wisdom and best practices for securing the mobile workforce. Read More Google has removed this month 25 Android applications from […] More
Australia’s Electoral Legislation Amendment (Miscellaneous Measures) Bill 2020 is currently before the House of Representatives Electoral Matters Committee to review the changes put forward by Minister for Finance Mathias Cormann. The changes within the Bill [PDF] would amend the Commonwealth Electoral Act to modify electoral donation and disclosure laws and “address anomalies” in entity registration and […] More
Credit: Estial Photography The United States has banned the export of US-made defence equipment and technology that could be used for military purposes to Hong Kong. This restriction, which had previously only applied to mainland China, was made in response to China’s new security laws that are aimed at tightening Beijing’s control over the territory. […] More
