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The computer system of one of the nation’s largest school districts was hacked by a criminal gang that encrypted district data and demanded $40 million in ransom or it would erase the files and post students’ and employees’ personal information online.

The U.S. government is working to draw attention to supply chain vulnerabilities, an issue that received particular attention late last year after suspected Russian hackers gained access to federal agencies and private corporations by sneaking malicious code into widely used software.

A North Korean government-backed APT group has been caught using a fake pen-testing company and a range of sock puppet social media accounts in an escalation of a hacking campaign targeting security research professionals.

Living Security, an Austin, Texas-based company that specializes in cybersecurity awareness training, on Tuesday announced that it raised $14 million in a Series B funding round.The round was led by Updata Partners, with participation from Silverton Partners, Active Capital, Rain Capital and SaaS Venture Partners.

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