Deloitte, Cray team up to offer threat analytics service

Deloitte and Cray have teamed up to introduce a subscription-based supercomputing threat analytics service, Cyber Reconnaissance and Analytics. The service is powered by Urika-GX, Cray's new agile analytics platform. Gordon Hannah, cyber reconnaissance and analytics...

Orbitz says hackers accessed 880,000 payment cards — Gizmodo

Travel fare website Orbitz says as many as 880,000 payment cards were impacted by a security breach, Dell Cameron of Gizmodo writes. Here is the link: https://gizmodo.com/orbitz-says-hackers-accessed-880-000-payment-cards-1823924288

Cylance raises $100 million Series D funding

Cylance,  a cybersecurity company that applies artificial intelligence algorithms to predictively identify and stop malware and advanced threats, has closed a $100 million Series D funding round. The investment was led by Blackstone Tactical...

Attacks Every Few Seconds, And Other Trends Of Financial IT Security

Five years ago, questions directed at boards of directors and senior executives at financial services firms on the toughest risk management issues might have resulted in responses like “liquidity risk,” “regulatory...

NASA Selects Unisys To Compete For SEWP V Contracts

NASA has selected Unisys to compete for task orders to provide a range of information technology products and services to federal government agencies under the new Solutions for Enterprise-Wide Procurement (SEWP) V...

DHS awards $8.6 million for five mobile application security R&D projects

The Department of Homeland Security (DHS) Science and Technology Directorate (S&T) has awarded funding to five research and development (R&D) projects that are expected to enhance the secure use of mobile...

Industrial cyber security company Indegy raises $12M

Industrial cyber security company Indegy has closed a $12 million Series A round of financing led by Vertex Ventures Israel with participation from Silicon Valley-based Aspect Ventures, and SBI Holdings of Japan....

Insight Engines raises $15.8 million Series A round

Insight Engines, a company that uses natural language processing technology for Splunk, eliminating the need to learn and use Splunk Search Processing Language, has raised $15.8 million in Series A funding....

Cog raises $3.5 million

Cybersecurity software company Cog has raised $3.5 million in Series A funding from Grok Ventures and Australian tech venture fund rampersand.

The Secure Data Act would stop backdoors — EFF

A new bill introduced in Congress gets encryption right, writes David Ruiz of the Electronic Frontier Foundation (EFF). Here is the link: https://www.eff.org/deeplinks/2018/05/secure-data-act-would-stop-backdoors

Verodin closes $10 million Series A round

Verodin, a software company based in Reston, VA, that enables organizations to simulate cyber attacks within live production environments, has closed $10 million in Series A funding. Blackstone, Rally Ventures, Crosslink Capital and Cisco...

Federal Reserve was hacked more than 50 times in the past five years

The Federal Reserve detected more than 50 cyber breaches between 2011 and 2015, information obtained by Reuters through a Freedom of Information Act request reveals. Read more here. 

NSA looking to exploit Internet of Things, including biomedical devices, official says — The...

Richard Ledgett, deputy director of the National Security Agency (NSA) says the agency is researching opportunities to collect foreign intelligence — including the possibility of exploiting internet-connected biomedical devices like pacemakers. A...

FTC Identity Theft Complaints Up 50 Percent – More Than 490,000

"The FTC received more than 490,000 identity theft complaints in 2015, which represents a 50% increase from 2014," said Scott Gray, vice president of information technology and security solutions at Lockheed...

SecurityScorecard raises $20 million; GV leads investment

Cybersecurity company SecurityScorecard has raised $20 million in Series B funding. The financing round was led by GV (formerly Google Ventures) with participation from existing investors Sequoia Capital, Evolution Equity Partners, Boldstart Ventures, as well...