Zoom reaches $85M settlement in ‘Zoombombing’ lawsuit

Zoom has agreed to pay $85 million to settle a lawsuit that accused the video conferencing giant of violating users’ privacy by sharing their data with third parties without permission and enabling “Zoombombing” incidents. Zoombombing, a term coined by TechCrunch last year as its usage exploded because of the pandemic, describes unapproved attendees entering and […]

True ‘shift left and extend right’ security requires empowered developers

Idan Plotnik Contributor Idan Plotnik is the CEO and founder of Apiiro, a code risk platform. DevOps is fundamentally about collaboration and agility. Unfortunately, when we add security and compliance to the picture, the message gets distorted. The term “DevSecOps” has come into fashion the past few years with the intention of seamlessly integrating security […]

Cyber risk startup Safe Security lands $33M from UK telco BT

Safe Security, a Silicon Valley cyber risk management startup, has secured a $33 million investment from U.K. telco BT.  Founded in 2012, Safe Security — formerly known as Lucideus — helps organizations measure and mitigate enterprise-wide cyber risk using its security assessment framework for enterprises (SAFE) platform. The service, which is used by a number […]

Ex-Plaid employees raise $30M for Stytch, an API-first passwordless authentication platform

There are far fewer annoying things than managing one’s passwords. There are a bunch of companies out there to help you attempt to do that. And there’s also a number of companies that want to go a step further and eliminate the password completely. One such company, Stytch, just raised $30 million in a Series […]

Facebook adds a ‘Payout Time Bonus’ to help retain bug bounty hunters

When it comes to bug bounties, Facebook lags behind the likes of Microsoft and Google in terms of overall payouts and volume of tips received: last year, Microsoft and Google respectively paid out $13.6 million and $6.7 million; Facebook meanwhile paid out just $1.98 million as of November. But on the other hand, Facebook’s a […]

VU raises $12M to remove cybersecurity friction from digital experiences

Pretty soon, people won’t have to provide a fingerprint or a driver’s license to prove their identity — if VU has its way. The Argentina-based fraud and identity protection company announced $12 million in Series B funding Monday from backers including software developer, Globant, as well as Agrega Partners, NXTP Ventures, Bridge One, the IDB […]

Cloud security platform Netskope boosts valuation to $7.5B following $300M raise

Netskope, focused on Secure Access Service Edge architecture, announced Friday a $300 million investment round on a post-money valuation of $7.5 billion. The oversubscribed insider investment was led by ICONIQ Growth, which was joined by other existing investors, including Lightspeed Venture Partners, Accel, Sequoia Capital Global Equities, Base Partners, Sapphire Ventures and Geodesic Capital. Netskope […]

New York City’s new biometrics privacy law takes effect

A new biometrics privacy ordinance has taken effect across New York City, putting new limits on what businesses can do with the biometric data they collect on their customers. From Friday, businesses that collect biometric information — most commonly in the form of facial recognition and fingerprints — are required to conspicuously post notices and […]

Evernote quietly disappeared from an anti-surveillance lobbying group’s website

In 2013, eight tech companies were accused of funneling their users’ data to the U.S. National Security Agency under the so-called PRISM program, according to highly classified government documents leaked by NSA whistleblower Edward Snowden. Six months later, the tech companies formed a coalition under the name Reform Government Surveillance, which as the name would […]

Swiss Post acquires e2e encrypted cloud services provider, Tresorit

Swiss Post, the former state-owned mail delivery firm which became a private limited company in 2013, diversifying into logistics, finance, transport and more (including dabbling in drone delivery) while retaining its role as Switzerland’s national postal service, has acquired a majority stake in Swiss-Hungarian startup Tresorit, an early European pioneer in end-to-end-encrypted cloud services. Terms […]