Tech Crunch

B-Secur’s heartbeat biometric ID tech bags $4.5M

Tech Crunch Security - 6 hours 51 min ago
 Northern Ireland based B-Secur has closed a £3.5m (~$4.5M) late stage seed investment for its biometric authentication technology that utilizes an individual’s unique heartbeat pattern, known as an electrocardiogram (ECG), to — in its words — “quickly and securely authenticate identity”. Read More
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Wire launches e2e encrypted team messaging in beta

Tech Crunch Security - Thu, 07/20/2017 - 11:47am
 End-to-end encrypted messaging platform Wire is targeting Slack’s territory with a new messaging for teams product, called Teams. Read More
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D-ID’s tech protects your privacy by confounding face recognition algorithms

Tech Crunch Security - Thu, 07/20/2017 - 11:10am
 Unless you literally wear a mask all the time, it is almost impossible to completely avoid cameras and face recognition technology. Not only is this a privacy concern, but it also presents a potential liability for companies that need to protect personal data. D-ID, a startup currently taking part in Y Combinator, wants to solve the problem with tools that process images to make them… Read More
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Luma launches a home tech support service for $5 a month

Tech Crunch Security - Thu, 07/20/2017 - 7:00am
 The Luma was a compelling product when it was announced back in late-2015 — we even went so far as declaring the WiFi-extending home mesh system, “fun.” That descriptor doesn’t really apply the startup’s new offering, and indeed, Luma Guardian feels a bit out of left field for the networking hardware-maker.  The system is a lot of things rolled into one: a VPN… Read More
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US lifts laptop ban for all remaining airlines and airports

Tech Crunch Security - Thu, 07/20/2017 - 6:28am
 The U.S. has now lifted entirely a controversial ban on laptops in hand luggage for passengers flying to the country from the Middle East or via certain Middle Eastern airlines, with the Department of Homeland Security professing itself satisfied with “enhanced security measures in place”. Read More
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Under Tillerson, the State Department may put cyber diplomacy on the chopping block

Tech Crunch Security - Wed, 07/19/2017 - 7:27pm
 According to new reports by Politico and Bloomberg, Secretary of State Rex Tillerson plans to merge or eliminate its cybersecurity office, long tasked with representing U.S. cyber interests abroad. The Office of the Coordination for Cyber Issues, created in 2011 by former President Obama, was established as a State Department liaison on a “full spectrum of cyber-related issues.” Read More
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Google launches new security features to protect users from unverified apps

Tech Crunch Security - Tue, 07/18/2017 - 1:00pm
 Google has been steadily adding new security features for its G Suite users over the course of the last few months, including new anti-phishing tools and OAuth apps whitelisting, as well as an enhanced app review process. Today, it’s adding another layer on top of this with the launch of a new “unverified app” screen for new web applications and Apps Scripts. This new screen… Read More
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UK’s digital-only Starling Bank adds Apple Pay support

Tech Crunch Security - Tue, 07/18/2017 - 9:25am
 Digital-only UK “challenger” bank, Starling Bank, has added support for Apple Pay — meaning its customers can now add their Starling debit card to their Apple Wallet and make contactless payments drawing from funds in their Starling account via their Apple devices. Read More
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Corelight closes $9.2M Series A to help enterprises battle ransomware

Tech Crunch Security - Tue, 07/18/2017 - 5:25am
 It’s already been a year of multiple high profile ransomware attacks and now cybersecurity startup Corelight has bagged a $9.2 million Series A round, led by Accel Partners. Read More
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IBM dangles carrot of full encryption to lure buyers to new z14 mainframe

Tech Crunch Security - Mon, 07/17/2017 - 12:01am
 IBM is doing its damnedest to keep the mainframe relevant in a modern context, and believe it or not, there are plenty of monster corporations throughout the world who still use those relics from the earliest days of computing. Today, the company unveiled the z14, its latest z-Series mainframe, which comes with the considerable draw of full encryption. Is that enough for even corporate giants… Read More
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Where Trump’s FBI nominee stands on tech’s hot privacy issues

Tech Crunch Security - Wed, 07/12/2017 - 6:29pm
 While questions about Russia attracted more initial scrutiny at his Senate confirmation hearing today, Trump’s proposed James Comey replacement Chris Wray did offer a few clues on his ideas about the digital privacy of American citizens. On encryption: “There’s a balance that has to be struck between the importance of encryption, which we can all respect when there are so… Read More
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ZeroFox secures $40m Series C to help manage social media risk

Tech Crunch Security - Wed, 07/12/2017 - 8:07am
 ZeroFox, a startup that helps companies manage social media risk including scams, malicious links and account hijacking, announced a $40 million Series C investment today. The round was led by Redline Capital Management and Silver Lake Waterman (which is Silver Lake’s late stage growth capital fund). Existing investors NEA, Highland Capital Partners and Core Capital also participated. Read More
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Trump hotel guests had their credit card information hacked (again)

Tech Crunch Security - Tue, 07/11/2017 - 7:14pm
 According to a new report from the Washington Post, Trump Hotels has been hacked again. The 14 affected properties include Trump Central Park, Trump Chicago, Trump Las Vegas and Trump DC with most of the hacks occurring between November 2016 and March 2017. The hack, confirmed by the luxury hotel chain, reportedly compromised the credit card numbers, names, addresses and phone numbers of… Read More
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The hunted becomes the hunter: how Cloudflare’s fight with a “patent troll” could alter the game

Tech Crunch Security - Tue, 07/11/2017 - 12:17pm
 The paperwork would itself arrive shortly after from a registered agent in a thick white envelope. The claim: patent infringement. The firm going after Cloudflare: Blackbird Technologies, a three-year-old, Boston- and Chicago-based firm founded by two former attorneys with white-shoe law firms who’d previously litigated intellectual property cases on behalf of some of the largest tech… Read More
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More funding for AI cybersecurity: Darktrace raises $75M at an $825M valuation

Tech Crunch Security - Tue, 07/11/2017 - 3:28am
 With cybercrime projected to reap some $6 trillion in damages by 2021, and businesses likely to invest around $1 trillion over the next five years to try to mitigate that, we’re seeing a rise of startups that are building innovative ways to combat malicious hackers. In the latest development, Darktrace — a cybersecurity firm that uses machine learning to detect and stop attacks… Read More
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Trump discussed forming “impenetrable” cyber security unit with Russia

Tech Crunch Security - Sun, 07/09/2017 - 1:49pm
 In a series of tweets on Sunday, U.S. President Trump recapped his lengthy meeting with Russian President Vladimir Putin on Friday. Apparently, the two world leaders discussed collaborating on cybersecurity together. Putin & I discussed forming an impenetrable Cyber Security unit so that election hacking, & many other negative things, will be guarded.. — Donald J. Trump… Read More
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Nuclear facility hacks remain fairly superficial for now, say DHS and FBI

Tech Crunch Security - Fri, 07/07/2017 - 2:46pm
 A new report from the New York Times sheds some light on ongoing cyber threats to U.S. nuclear facilities. According to the report, a number of manufacturing and energy facilities have been penetrated in attacks that began in May. The Times obtained a joint DHS and FBI joint report which names Wolf Creek Nuclear Operating Corporation in Kansas as a specific target, though the story suggests… Read More
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G Suite admins can now whitelist connected apps

Tech Crunch Security - Thu, 07/06/2017 - 1:00pm
 Google is launching a new feature for IT admins today that will make it easier for them to allow employees to use third-party apps in combination with its G Suite productivity tools. Like similar services, Google uses the OAuth standard to allow users of third-party apps (think email apps or calendaring services) to access their company data. While Google offers plenty of tools to avoid… Read More
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Taking the bite out of the non-malware threat

Tech Crunch Security - Wed, 07/05/2017 - 11:30am
 #NotPetya can’t wipe what isn’t there. Read More
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More than half of major malware attack’s victims are industrial targets

Tech Crunch Security - Thu, 06/29/2017 - 1:44pm
 A new report examining the targets and intended effects of this week’s massive malware attack comes up with some significant insights. The attack, initially believed to be a variation of commercial malware software known as Petya, appeared to be a vast ransomware scheme. As the story developed, it became clear that the attack was more destructive than it was lucrative. Read More
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