Tech Crunch

Threat Stack snares $45 million investment as spotlight shines brightly on security

Tech Crunch Security - 3 hours 39 min ago
 Threat Stack, the Boston-based security startup that helps companies stay protected in the cloud, reeled in a $45 million investment today. It seems that they are in the right place in the right time as news of the Equifax breach swirls on mainstream media. The round includes a big institutional backer, as fellow Boston firm Fidelity Investments participated through their investment arm,… Read More
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U.S. Senate votes to oust Russian security software vendor Kaspersky from federal use

Tech Crunch Security - Mon, 09/18/2017 - 7:59pm
 Following a directive from the Department of Homeland Security last week banning the use of Kaspersky Lab security software in the executive branch, the U.S. Senate has followed suit. On Monday, the Senate passed an amendment against Kaspersky Lab pushed forward by New Hampshire Democrat Jeanne Shaheen. The amendment was attached to the National Defense Authorization Act (NDAA) following a… Read More
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Coinbase vulnerability is a good reminder that SMS-based 2FA can wreak havoc

Tech Crunch Security - Mon, 09/18/2017 - 6:05pm
 Two days ago, a friend who invested in Bitcoin asked me how secure her Coinbase investment was. She had plans to put her coins in cold storage, but as a security stopgap was relying on two-factor authentication (2FA) through Coinbase, as many people do. My main question: What kind of two-factor? Read More
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Signal’s Moxie Marlinspike calls out Pavel Durov’s “Trump logic”

Tech Crunch Security - Mon, 09/18/2017 - 2:52pm
 On stage at TechCrunch Disrupt SF 2017, Signal’s at times elusive privacy revolutionary Moxie Marlinspike spoke modestly about his how his secure text message app is taking over the world. Marlinspike directly addressed the controversy that Telegram Messenger founder Pavel Durov stirred up earlier this year when he basically accused Signal of collaborating with the U.S. Read More
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U.S. Justice Department investigating Equifax execs who dumped shares before announcing breach

Tech Crunch Security - Mon, 09/18/2017 - 1:48pm
 The U.S. Justice Department is said to be investigating the questionable sale of stock by Equifax executives in advance of the company’s public announcement of its massive data breach. The investigation is said to include U.S. prosecutors in Atlanta, the FBI and the Securities and Exchange Commission, according to a report this morning from Bloomberg. Three executives, Chief Financial… Read More
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Google’s Heather Adkins thinks everybody is going to get hacked and you need to be ready

Tech Crunch Security - Mon, 09/18/2017 - 12:46pm
 Google’s Information Security Manager Heather Adkins has a pretty good track record. The company was last hacked in 2009, that’s why Adkins had some good advice for startups in the audience at TechCrunch Disrupt SF. “At some point in the history of your company, you’re probably going to get hacked. The question is not whether or not you’re going to get hacked, but… Read More
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Avast reckons CCleaner malware infected 2.27M users

Tech Crunch Security - Mon, 09/18/2017 - 10:42am
 Users of a free software tool designed to optimize system performance on Windows PCs and Android mobile devices got a nasty shock this morning when Piriform, the company which makes the CCleaner tool, revealed in a blog post that certain versions of the software had been compromised by hackers — and that malicious, data-harvesting software had piggybacked on its installer program. Read More
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Security researchers find gross deficiencies on Equifax Argentina site

Tech Crunch Security - Wed, 09/13/2017 - 5:54pm
 As we close in on a week since Equifax announced the massive hack that could potentially have exposed the financial information of 143 million consumers in the U.S., we have been left with many questions. How could a firm entrusted with our most sensitive financial data allow this to happen? Well, security researcher, Brian Krebs (who broke the Target breach story in 2014), reports… Read More
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US government bans Kaspersky software citing fears about Russian intelligence

Tech Crunch Security - Wed, 09/13/2017 - 4:52pm
 Three months after the General Services Administration removed Kaspersky Lab from a list of approved federal vendors, Homeland Security is banning the Russian security software maker outright. Read More
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No, a chatbot can’t automatically sue Equifax for $25,000

Tech Crunch Security - Wed, 09/13/2017 - 4:07pm
 Making the rounds today is a chatbot that claims it will let you sue Equifax for thousands of dollars in small claims court without using a lawyer. The Verge boldly stated you can claim up to $25,000 dollars, and the chatbot says that it’s the “first case of a fully automated lawsuit.” While it would be cool to fill out a form and get a check a few months later, this… Read More
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iPhone X’s Face ID raises security and privacy questions

Tech Crunch Security - Wed, 09/13/2017 - 11:34am
 Offering to gate the smorgasbord of personal content that lives on a mobile device behind a face biometric inevitably raises lots of security questions, even as always on face-scanning tech being housed in a smartphone raises privacy concerns… Read More
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Credit score company Equifax shares tumble another 8% after hack

Tech Crunch Security - Mon, 09/11/2017 - 4:05pm
 Credit score giant Equifax announced on Thursday that 143 million accounts were hacked. Since then, the stock has taken a nosedive as investors anticipate more fallout. The company saw shares fall 14% on Friday and then on Monday it fell another 8%, costing the company billions of dollars in market cap. Shares closed Monday at $113.12. This is considered one of the most impactful cyber attacks… Read More
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Google says its Safe Browsing tool now protects over 3 billion devices

Tech Crunch Security - Mon, 09/11/2017 - 1:00pm
 Google today announced that its Safe Browsing service, which keeps Chrome, Safari and Firefox users on the desktop and on mobile from visiting potentially dangerous sites, now protects more than 3 billion devices. That’s up from 1 billion in 2013 and 2 billion the company starting citing in May 2016. The service, one of Google’s first attempts at an anti-malware tool, first launched… Read More
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The promise of managing identity on the blockchain

Tech Crunch Security - Sun, 09/10/2017 - 2:42pm
 Blockchain, the secure distributed ledger technology first created to track bitcoin ownership, has taken on a number of new roles in recent years tracking anything of value from diamonds to real estate deeds to contracts. The blockchain offers the promise of a trusted record that can reduce fraud. Some industry experts say that over the coming years, it could be used to control identity… Read More
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We’re all Equif*cked

Tech Crunch Security - Sun, 09/10/2017 - 11:57am
 Every company is a tech company, and that’s a big problem. Or rather, either every company is a tech company but most suck at it, or most aren’t tech companies but should be. Either way, we’re gonna have a bad time. Stock photo companies oughta be making more images of hackers because that cat burglar / hoodie dude behind a computer isn’t going to cut it when sh*t hits… Read More
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Equifax stock tumbles 14% after credit score hack

Tech Crunch Security - Fri, 09/08/2017 - 8:56pm
 Credit score business Equifax revealed Thursday that 143 million people were compromised in a cyber attack. Social security numbers and other personally identifying information were accessed. And guess what, the stock market didn’t like it! The company lost about $2 billion in market cap Friday after tumbling nearly 14%.  Apparently, the company has known about the hack since July 29,… Read More
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Equifax says it won’t bar consumers from joining breach-related lawsuits

Tech Crunch Security - Fri, 09/08/2017 - 5:27pm
 Equifax, which yesterday announced an enormous breach, will not require consumers to forfeit their right to join a class action lawsuit in order to receive credit protection. The company clarified the forced arbitration clause in its terms of service after outcry by consumer advocates, including NY Attorney General Eric Schneiderman, who called the requirement “unacceptable and… Read More
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Google redesigns its privacy and security dashboard

Tech Crunch Security - Fri, 09/08/2017 - 12:30pm
 Google today announced a refresh of its privacy and security dashboard, its one-stop shop for checking and changing your privacy settings, opting out of personalized ads and seeing which third-party services have access to your data. You’re not going to find any new controls here, but the company says that the update is meant to make the tools easier to use on mobile. Read More
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Equifax’s stock is plummeting after it reported a massive security breach

Tech Crunch Security - Fri, 09/08/2017 - 10:32am
 Shares of credit reporting service Equifax are collapsing — down more than 13 percent — in the morning trading hours after the company reported a security breach yesterday that could involve 143 million customers. That breach included sensitive data like Social Security numbers, dates of birth, addresses and potentially driver license numbers. Read More
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Here comes the class action lawsuit after Equifax’s massive hack

Tech Crunch Security - Fri, 09/08/2017 - 10:15am
 Yesterday, Equifax announced that a hacker obtained information about 143 million consumers. This data included social security numbers, birth dates, addresses and, in some cases, driver’s license numbers. Equifax customers are obviously really, really mad. So it’s not surprising that Bloomberg discovered that a class action lawsuit was filed against Equifax. Hacks have become… Read More
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