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Luminate, a U.S. and Israel-based company that specializes in securing access to corporate applications in hybrid cloud environments, emerged from stealth mode on Wednesday with $14 million in funding.

The United States Securities and Exchange Commission (SEC) said it has charged Jun Ying, former chief information officer (CIO) of a business unit of Equifax, with insider trading in connection with the massive data breach disclosed in late 2017 that put millions of customers at risk.

Tel Aviv-based cyber-attack prevention firm Solebit Labs, currently establishing new global headquarters in Silicon Valley, has announced completion of an $11 million Series A funding round led by ClearSky Security.

Security researchers said Tuesday they discovered flaws in chips made by Advanced Micro Devices that could allow hackers to take over computers and networks. Israeli-based security firm CTS Labs published its research showing "multiple critical security vulnerabilities and exploitable manufacturer backdoors" in AMD chips.

A researcher last year discovered some information disclosure vulnerabilities in Facebook that exposed users’ friend lists and partial payment card information. The social media giant patched one of the flaws within hours.

The IRS issued a warning last month about an updated version of the old wire transfer phishing scam, where fake emails are sent to accounting supposedly from a company executive, requesting a wire transfer to a provided account.  In the updated version cautioned by the IRS, the request is to payroll or human resources requesting a list of employees and their W-2 forms.  Many have been fooled by this and other phishing related scams, exposing their companies and now their...

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