Illusive Networks Raises $25M Series B Round

Cybersecurity company Illusive Networks has raised $25 million Series B funding from investors New Enterprise Associates (NEA), Bessemer Venture Partners, Cisco Investments, Marker, Citi Ventures, and Eric Schmidt's Innovation Endeavors. Launched in June 2015, Illusive Networks previously raised a $5 million Series A round from cybersecurity foundry Team8.

ASI Government Wins $461M PMSS3 Contract

ASI Government has won a five-year, $461 million indefinite-delivery, indefinitely-quantity (IDIQ) contract to support the U.S. Army. The contract is known as Program Management Support Services 3 (PMSS3). Under PMSS3, ASI...

Finjan Secures $10.2M Preferred Stock Financing

Cybersecurity company Finjan has secured a $10.2 million Series A Preferred Stock financing in a private placement transaction led by Halcyon Long Duration Recoveries Investments I, an affiliate of both funds...

Pwnie Express Raises $12.9M Series B Funding

Pwnie Express, a company that provides wireless and wired devices threat detection, has raised $12.9 million in a Series B round, led by Ascent Venture Partners with investments from MassMutual Ventures and existing investors .406 Ventures, Fairhaven Capital and the Vermont Center for Emerging Technologies (VCET). Matt Fates of Ascent will join Pwnie Express's board.

DHS Using CyberPoint Solution For Supply Chain Pilot Project

CyberPoint has been awarded a fixed price contract by the Department of Homeland Security (DHS) Borders and Maritime Security Division (BMD) to participate in the Container Security Device Technology Demonstration for...

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...

UC Berkeley Releases Cybersecurity Report Analyzing Threat Scenarios

The Center for Long-Term Cybersecurity at UC Berkeley’s School of Information, has released a report on cybersecurity that lays out five threat scenarios. “Cybersecurity is one of the fastest moving targets in today’s research and policy domains,” said Berkeley professor Steve Weber, faculty director of the center. You can find a PDF version of 'Cybersecurity Futures 2020' here.

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...

Northrop Grumman Awarded $73.6 Million DISA Task Order

Northrop Grumman has been awarded a task order by the Defense Information Systems Agency (DISA) to continue on the Acropolis and Sensor Operations program - a capability that protects DISA-managed networks...

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...

Wikipedia To Encrypt All User Communications

Wikipedia will begin encrypting communications for all its users all over the world. Such encryption should make it really, really difficult for surveillance systems to monitor what people are searching, reading,...

Yahoo Encrypting All Information (Take That NSA!)

Yahoo will encrypt all information that moves between the company's data centers by the end of Q1 2014, says the company. Yahoo will also offer users an option to encrypt all data...

Nasdaq OMX Using FireEye Threat Protection

Exchange company Nasdaq OMX is using the FireEye Threat Prevention Platform, and the FireEye Multi-Vector Virtual Execution (MVX) engine. "Cyber security is a global concern and attackers never rest," said Brad Peterson, chief information officer, NASDAQ OMX.

Three Million Adobe Customers Affected In Massive Security Breach

In a massive security breach, attackers accessed Adobe customer IDs and passwords, as well as encrypted credit or debit card information for 2.9 million Adobe customers worldwide. The company's says the source...

Quick Look Into LinkedIn’s Password Breach

Reports surfaced in the European press of a packet of some 6.5 million LinkedIn passwords being up for grabs in a Russian hacker website. LinkedIn has now confirmed that indeed some...