MANDIANT
PB Fintech, Delhivery improve Q2 profits; Binance's $6.3 billion caper
PB Fintech on Friday reported a strong jump in profit and revenue for the July-September quarter. This and more in today’s ETtech Top 5.
AI’s 3-week blitz digs up 14,000 security flaws in open-source software
Google Cloud’s Mandiant team reported a similar acceleration in vulnerability discovery. In August, it said that its AI-assisted system had identified more than 100 confirmed critical vulnerabilities in two days during an investigation involving stolen corporate code repositories.
Google warns suspected China-linked hackers could exploit BeyondTrust flaw
Google warned on Thursday that organizations should prepare for "potential widespread exploitation" after a new bug was found in US cybersecurity firm BeyondTrust's remote support appliances.
AI cybersecurity startup Armadin valued at over $2.5 billion after new funding round
Armadin, a cutting-edge player in AI-driven cybersecurity solutions, has secured an impressive $255.5 million through a Series B funding round, boosting its valuation to over $2.5 billion. This funding round attracted high-profile investors such as Andreessen Horowitz, Accel, and Bain Capital Ventures, increasing Armadin's total funding to $445 million. The fresh capital will enable the company to amplify its platform and enhance its research and marketing initiatives.
ShinyHunters hackers expanded attacks on Oracle's PeopleSoft, Google says
The evolving nature of the attack is likely to ring alarm bells at organisations that rely on PeopleSoft for human resources and other critical functions, and heighten concerns about the vulnerability of even well-resourced institutions.
WazirX laptops not compromised in $230 million hack, says Google subsidiary; Liminal questions audit
Mandiant Solutions, a Google subsidiary and cybersecurity expert, confirmed that cryptocurrency exchange WazirX's laptops were secure amidst a cyberattack that stole over $230 million. Investigations to recover assets and identify culprits continue.

Criticality of Chinese cyber threat actors has increased in recent years: Mandiant
According to data from Mandiant, UNC4841 - an espionage actor behind a wide-ranging campaign in support of the People's Republic of China - has targeted an unspecified number of private and public sector organisations located in at least 16 countries, with almost a third being government entities.

Indian technology infrastructure is vulnerable to zero day attacks
Cybersecurity experts said that in general, the threats across the Japan and APAC region have been on the rise.

AI use rising in influence campaigns online, but impact limited: Google-owned cyber firm
Researchers at the Virginia-based company found "numerous instances" since 2019 in which AI-generated content, such as fabricated profile pictures, had been used in politically-motivated online influence campaigns.

China calls hacking report ''far-fetched'' and accuses the US of targeting the cybersecurity industry
China's foreign ministry spokesperson repeated accusations that Washington carries out hacking attacks and complained the cybersecurity industry rarely reports on them.

Vast cyber espionage campaign linked to China: report
Online attackers with clear links to China are behind a vast cyber espionage campaign targeting government agencies of interest to Beijing, Google subsidiary Mandiant said on Thursday.

Security firm: Chinese hackers broke into email security appliance in spying campaign
In a blog post on Thursday, Google-owned Mandiant expressed "high confidence" that the group exploiting a software vulnerability in Barracuda Networks' Email Security Gateway was engaged in "espionage activity in support of the People's Republic of China". It said the activity began as early as October.

Hackers use flaw in popular file transfer tool MOVEit to steal data: Researchers
Software maker Progress Software Corp, after disclosing the vulnerability on Wednesday, said it could lead to potential unauthorised access into users' systems.

Google completes $5.4 billion acquisition of Mandiant that found SolarWinds hack
Mandiant will join Google Cloud to help organisations improve their threat, incident and exposure management.

Google in talks to buy cybersecurity firm Mandiant
Mandiant's shares closed up 16% on the Nasdaq after the news.

Google in talks to buy cybersecurity firm Mandiant: Report
A deal could bolster Google's cloud computing business, which generates more than $19 billion annually but has been losing billions of dollars a year, and help it compete with bigger rival Microsoft Corp, which also is reportedly interested in buying Mandiant, the report added.

Mandiant appoints Balaji Rao as country manager to head India operations
An industry veteran with over 25 years’ experience working with large MNCs and enterprises in leadership roles, Balaji will be spearheading the team to help organisations in India gain their cyber security advantage with Mandiant’s portfolio of solutions and services.

FireEye to sell products business, and its name, to Symphony-led group
The $1.2-billion deal with a consortium led by private equity firm Symphony Technology Group will separate FireEye's network, email and cloud security products from its cyber forensics unit, Mandiant Solutions.

Equifax suffered a hack 5 months earlier than disclosed date
The revelation of a March breach will complicate the company’s efforts to explain a series of unusual stock sales by Equifax executives.
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