This crowdsourced payments tracker wants to solve the ransomware visibility problem

Ransomware attacks, fueled by COVID-19 pandemic turbulence, have become a major money earner for cybercriminals, with the number of attacks rising in 2020. These file-encrypting attacks have continued largely unabated this year, too. In the last few months alone...

Tiger Global leads $34M investment into Unit21, a no-code fraud prevention platform

Unit21, a startup that helps businesses monitor fraudulent activities with its no-code software, announced today it has raised $34 million in a Series B round of funding led by Tiger Global Management. The round values San Francisco-based Unit21 at $300 million and...

Clop ransomware gang doxes two new victims days after police raids

The notorious Clop ransomware operation appears to be back in business, just days after Ukrainian police arrested six alleged members of the gang. Last week, a law enforcement operation conducted by the National Police of Ukraine, along with officials from South Korea...

Ukrainian police arrest multiple Clop ransomware gang suspects

Multiple suspects believed to be linked to the Clop ransomware gang have been detained in Ukraine after a joint operation from law enforcement agencies in Ukraine, South Korea, and the United States. The Cyber Police Department of the National Police of Ukraine...

Fraud protection startup nSure AI raises $6.8M in seed funding

Fraud protection startup nSure AI has raised $6.8 million in seed funding, led by DisruptiveAI, Phoenix Insurance, AXA-backed venture builder Kamet, Moneta Seeds and private investors. The round will help the company bolster the predictive AI and machine learning...

Hackers are targeting employees returning to the post-COVID office

With COVID-19 restrictions lifting and employees starting to make their way back into offices, hackers are being forced to change tack. While remote workers have been scammers’ main target for the past 18 months due to the mass shift to home working necessitated by...