Protect AI Raises $60 Million in Series B Funding

AI and ML security provider Protect AI has raised $60 million in a Series B funding round led by Evolution Equity Partners.

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Security Bypass Vulnerability Found in Rockwell Automation Logix Controllers 

A high-severity security bypass vulnerability tracked as CVE-2024-6242 has been found and fixed in Rockwell Automation Logix controllers.

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CrowdStrike Investors File Class Action Suit Following Global IT Outage

The Plymouth County Retirement Association claims the company misrepresented the effectiveness of its software platform and quality control procedures. The lawsuit alleges that CrowdStrike did not adequately test its software.

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StackExchange Abused to Spread Malicious PyPI Packages as Answers

Threat actors used StackExchange to promote malicious PyPi packages, including ‘spl-types,’ ‘raydium,’ ‘sol-structs,’ ‘sol-instruct,’ and ‘raydium-sdk,’ which steal data from browsers, messaging apps, and cryptocurrency wallets.

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Suspects in ‘Russian Coms’ Spoofing Service Arrested in London, as NCA Announces Takedown

The caller ID spoofing service, which was established in 2021, is believed to have caused financial losses in the tens of millions and had around 170,000 victims in Britain.

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New Windows Backdoor BITSLOTH Exploits BITS for Stealthy Communication

Cybersecurity researchers have discovered a previously undocumented Windows backdoor that leverages a built-in feature called Background Intelligent Transfer Service (BITS) as a command-and-control (C2) mechanism.
The newly identified malware strain has been codenamed BITSLOTH by Elastic Security Labs, which made the discovery on June 25, 2024, in connection with a cyber attack targeting an

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Mirai Botnet targeting OFBiz Servers Vulnerable to Directory Traversal

Enterprise Resource Planning (ERP) Software is at the heart of many enterprising supporting human resources, accounting, shipping, and manufacturing. These systems can become very complex and difficult to maintain. They are often highly customized, which can make patching difficult. However, critical vulnerabilities keep affecting these systems and put critical business data at risk. 
The

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New BlankBot Android Trojan Can Steal User Data

The BlankBot Android trojan exfiltrates user data, executes C&C commands, and supports custom injections, keylogging, and screen recording.

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Social Media Malvertising Campaign Promotes Fake AI Editor Website for Credential Theft

A recent malvertising campaign has been exposed, where threat actors take over social media pages, rebranding them as popular AI photo editors and posting malicious links to fake websites.

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Credo AI Raises $21M to Help Enterprises Deploy AI Safely and Responsibly

Credo AI, a startup specializing in artificial intelligence governance software, recently closed a $21 million Series B funding round led by CrimsoNox Capital, Mozilla Ventures, and FPV Ventures.

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