SecurityWeek

TrapX Security, a Silicon Valley-based company that provides cyber defense solutions powered by deception technology, on Monday announced that it raised $18 million in a Series C funding round.

As the United States and China pursue trade talks, there is a "good chance" that more US firms will be granted licenses to sell products to controversial Chinese telecoms giant Huawei, White House economic advisor Larry Kudlow said Sunday.

A recent campaign featuring the Dridex banking Trojan has shown extensive use of randomly generated variables and URL directories, eSentire’s security researchers reveal.

President Donald Trump said on Saturday that US companies could sell equipment to Chinese telecom giant Huawei, indicating a potentially softer position on a key sticking point in the US-China trade war."US companies can sell their equipment to Huawei," Trump told reporters in Osaka hours after sealing a tariff truce with Chinese President Xi Jinping.

Singapore on Monday announced its third bug bounty program aimed at testing the security of public-facing government systems.

A Boston suburb has voted to ban the use of facial recognition technology by police and other city departments.The Somerville City Council on Thursday voted 11-0 to bar the technology that critics say invades privacy and can often be wrong.

Medtronic and the US government have warned that some Medtronic MiniMed insulin pumps are vulnerable to hacker attacks that can have serious consequences for their thousands of users.

Italy's data protection watchdog slammed Facebook Friday with a fine of one million euros ($1.1 million) for violating privacy laws over the Cambridge Analytica scandal.

A new piece of malware is targeting improperly secured Internet of Things (IoT) devices with the purpose of bricking them, Akamai’s security researchers have discovered.

Attunity, a Qlik-owned data integration and big data management company whose solutions are used by over 2,000 enterprises and half of the Fortune 100 firms, exposed a significant amount of sensitive data through unprotected Amazon S3 buckets.

A newly discovered exploit kit is being disseminated via a compromised business-to-business website, Cisco Talos security researchers report.

On June 25, 2019, Cybereason reported that hackers, most likely China's state affiliated APT10 group, had comprehensively hacked numerous telecommunications companies around the world.

Baltimore City officials approved using $10 million in excess revenue to cover the ongoing cost of the cyber attacks that immobilized some of the city’s systems almost two months ago.

Hackers believed to be working for Western intelligence agencies breached the systems of Russian tech giant Yandex last year as part of an attack that involved a new variant of the Regin malware, Reuters reported on Thursday.

A former Equifax executive who sold stock a week and a half before the company announced a massive data breach was sentenced Thursday to serve four months in federal prison for insider trading.

A report published this week by US-based firmware and IoT security solutions provider Finite State shows that Huawei equipment is affected by many vulnerabilities, including potential backdoors, and the company’s devices are less secure compared to the products of other vendors.

The Iran-linked cyberespionage group APT33 has updated its infrastructure following a March 2019 report detailing its activities, according to researchers from Recorded Future.

A New ENISA to Develop New Harmonized European Security Certifications

Technologies like artificial intelligence (AI), augmented reality (AR) and machine learning (ML) once seemed stranger than fiction, but are now playing a growing role in industrial environments. But the change comes with some risks. Market research firm IoT Analytics forecasts that spending on Industry 4.0 products and services will skyrocket from $119 billion in 2020 to $310 billion in 2023.