T-Mobile confirms data breach after 100 million customers compromised
T-Mobile has confirmed it has suffered a data breach after hackers obtained records of up to 100 million of its customers and is offering to put them up for sale.
Chinese spies posed as Iranians to breach Israeli networks, cyber firm FireEye claims
Security company FireEye has claimed that Chinese spies pretended to be Iranian hackers for two years to break into Israeli government and telecommunication networks.
Accenture hit by ransomware attack by LockBit 2.0 group
IT consultancy giant Accenture has suffered a ransomware hack at the hands of ransomware group LockBit 2.0.
US making cybersecurity progress but work still needed, congressional report details
A report by the US Cyberspace Solarium Commission has found the US has made significant progress in shoring its cyber defences but that its work is not over yet.
Retail firms popular target for ransomware and data-theft, survey finds
A survey by cybersecurity company Sophos has found that retail organisations have become a popular target for ransomware and data stealing during the pandemic.
Cybavo looks to speed up global expansion with $4m pre-Series A raise
Singapore-based blockchain security solution provider Cybavo has bagged $4m in pre-Series A funding.
OwnBackup to expand market reach after snaring $240m in Series E round
US data protection solutions provider OwnBackup has secured $240m from a Series E funding round at a valuation of $3.35bn.
Will cyberspace be a battlefield for financial institutions?
The cyberspace race is heating up. Over the past year, the number of ransomware and general cyberattacks have increased dramatically, with more companies, individuals and even governments falling into digital bear traps. How will this growing problem impact financial institutions?
SEC fines Poloniex $10m for operating unregistered crypto exchange
The US Securities and Exchange Commission (SEC) has slapped a $10m fine on crypto firm Poloniex for operating an unregistered cryptocurrency exchange.
Antivirus firm NortonLifeLock set to snap up Avast in $8.6bn deal
Consumer antivirus company NortonLifeLock has entered an agreement to purchase competitor Avast in a deal valued between $8.1bn and $8.6bn.
