SecurityWeek

TikTok denied Tuesday sharing Indian users' data with the Chinese government, after New Delhi banned the wildly popular app in a sharp deterioration of relations with Beijing two weeks after a deadly border clash.

Threat hunting solutions provider Hunters today announced that it closed a $15 million Series A funding round, which brings the total raised by the company to $20.4 million.

HackerOne on Monday released a list of the companies that have paid out the most money through their bug bounty programs.

Palo Alto Networks revealed on Monday that it has patched a critical authentication bypass vulnerability in its PAN-OS firewall operating system, and U.S. Cyber Command believes foreign APTs will likely attempt to exploit it soon.

India on Monday banned 59 Chinese mobile apps, including the wildly popular TikTok and WeChat, over national security and privacy concerns two weeks after a deadly Himalayan border clash between the nuclear-armed neighbours.

Australia unveiled the "largest-ever" boost in cybersecurity spending Tuesday, days after Prime Minister Scott Morrison spoke out about a wave of state-sponsored attacks suspected to have been carried out by China.

Driver vulnerabilities can facilitate attacks on ATMs, point-of-sale (PoS) systems and other devices, firmware security company Eclypsium warned on Monday.

Redwood, California-based anti-phishing firm Area 1 Security has raised $25 million in a Series D funding round led by ForgePoint Capital and supported by existing investors Kleiner Perkins, Icon Ventures and Top Tier Capital. Area 1 describes itself as pre-emptive solution, able to detect attack attempts up to 24 days before the attack.

A Russian national pleaded guilty last week for his role in an international cyber theft ring that caused losses of more than $568 million.

Magecart web skimmers were found on the websites of eight cities in the United States and one thing they have in common is that they all use the Click2Gov platform, Trend Micro reports.

Industrial giant Honeywell announced recently that it has added several new features to its Forge cybersecurity platform.

Late last week, the University of California San Francisco (UCSF) revealed that it paid roughly $1.14 million to cybercriminals to recover data encrypted during a ransomware attack earlier this month.The incident happened on June 1 and UCSF said that it was able to contain it quickly after discovery, though not before certain systems were affected.

Breach protection solutions provider Cynet on Monday announced that it has raised $18 million in a Series B+ funding round, which brings the total raised by the company to $38 million.

One of the potential upsides for security leaders as a result of the COVID-19 pandemic, is a renewed focus on cybersecurity and business resiliency. Seemingly overnight, your expertise, resourcefulness and dedication became recognized as integral to shifting your business to become distributed and digital. Now’s the time to take advantage of all the attention and step up your communications skills, so you can:

A data breach has impacted Maine State Police’s information sharing database for federal, state and local law enforcement officials, the agency confirmed late Friday.

Despite the Importance of Security Operations Centers, Performance is Poor

At least 31 organizations in the United States have been targeted with the recently detailed WastedLocker ransomware, Symantec reports.

A Russian computer hacker who facilitated $20 million in credit card fraud and ran a sophisticated clearinghouse for international cybercriminals was sentenced Friday to nine years in prison.

A recently identified piece of cryptojacking malware includes functionality that enables its operators to launch distributed denial of service (DDoS) attacks, Palo Alto Networks reports.

A federal judge has convicted a Chinese national of economic espionage, stealing trade secrets and engaging in a conspiracy for the benefit of his country’s government.U.S. District Judge Edward Davila found Hao Zhang, 41, guilty of the three counts Friday after a four-day trial.