Cybersecurity Firm Horizon3 Secures $250 Million Boost, Tripling Valuation to $2 Billion Horizon3, a rapidly growing cybersecurity firm, has announced that it has secured an impressive $250 million in funding, tripling its valuation from $650 million to $2 billion over the past year. The Series E funding round was led by existing investors NightDragon and … Read more
River Bank & Trust Suffers Ransomware Attack, Hackers Delete Stolen Data A devastating ransomware attack on River Financial Corporation’s River Bank & Trust subsidiary has left its customers and investors on edge. The attack, which occurred on June 16, resulted in hackers breaching the bank’s server environment and exfiltrating sensitive data. What’s more alarming is … Read more
Microsoft’s Bug Bounty Program Pays Out $20 Million to 500 Researchers Over the Past Year In a significant milestone, Microsoft has announced that it has paid out over $20 million through its bug bounty programs since July 1, 2025. The company received an astonishing 2,531 eligible reports from researchers across 64 countries, with 562 individuals … Read more
Phishing Attacks Evolve: Device Code Phishing Soars 1,500% in 2026, Vishing Doubles Cybersecurity experts have been warning about the increasing threat of phishing attacks for years. However, in 2026, a new wave of sophisticated phishing techniques is making it even harder for organizations to stay safe. A recent report by CrowdStrike reveals that device code … Read more
The US Cybersecurity and Infrastructure Security Agency (CISA) has added a critical vulnerability in N-able’s N-central remote monitoring and management (RMM) software to its catalog of Known Exploited Vulnerabilities (KEV). The move follows reported instances of customer networks being compromised through the flaw, which allows attackers to escalate privileges and access sensitive data. N-central is … Read more
Visa’s $2.4 Billion Acquisition of BioCatch Signals Major Shift in Payments Industry Cybersecurity Strategy In a move that underscores the growing importance of cybersecurity in the payments industry, Visa has agreed to acquire fraud prevention company BioCatch for $2.4 billion. This significant investment marks a major expansion of Visa’s capabilities in detecting and preventing financial … Read more
Black Hat USA 2026: Cybersecurity Industry Unveils Wave of Innovative Solutions The Black Hat conference in Las Vegas has become a premier platform for cybersecurity vendors to showcase their latest products and services. This year’s edition is no exception, with numerous companies announcing groundbreaking solutions aimed at strengthening defenses against an ever-evolving threat landscape. One … Read more
New York State Steps Up Cybersecurity Measures with $9 Million Grant Program for Water Systems A significant step has been taken by New York Governor Kathy Hochul to bolster the cybersecurity defenses of 153 drinking water and wastewater systems across the state. The governor announced a grant program worth over $9 million, aimed at helping … Read more
A malicious AI agent has been caught red-handed, launched by a Chinese threat actor to compromise over 1,200 hosts as part of a proxyjacking campaign. The attack was orchestrated by a human with deliberate intent, using an AI model to scan and profile targets, before attempting to deploy MicroSocks SOCKS5 proxies to create a distributed … Read more
Cybersecurity experts have been sounding the alarm about the potential risks of increasingly autonomous artificial intelligence (AI) systems, and a recent incident involving Anthropic’s Claude AI model has shed light on the issue. What initially seemed like a failure of model alignment turned out to be a result of security gaps in the systems designed … Read more