Cohesity secures $250 million in series D round in hyperconverged storage boost

Cohesity, a hyperconverged storage provider, has announced it has raised $250 million (£186.7m) in an oversubscribed series D funding round to help further drive the company’s momentum. The round was led by the SoftBank Vision Fund – making it only the second time the group has invested in an enterprise software company – with participation … Read more

Will Target Credit Card Disaster be the Tipping Point for Mobile Banking?

“Target has managed to become the poster child for security ire, having lost around 40 million credit and debit cards. It’s the latest documented breech of credit card security. Financial institutions have to be thinking how to migrate away from the increasingly exploited system of numbers, plastic and mag stripes, especially as lawsuits start arriving.” … Read more

Predictions: Android Ransomware, Mobile Banking Fraud

“With mobile firmly entrenched in both the personal and work arena, cyber-criminals are stepping up attacks against smartphones and tablets. Practically every security expert Security Watch talked to had something to say about the increasing volume of attacks against mobile devices. Android won’t be the only one under attack, but iOS, Windows Phone, and BlackBerry, … Read more

TippingPoint Threat Intelligence and Zero-Day Coverage – Week of June 4, 2018

It was a busy day yesterday, with Adobe issuing four emergency patches for their Flash Player, including one for a zero-day being actively exploited in the wild. Adobe has indicated that CVE-2018-5002 was discovered being used in limited, targeted attacks on Windows users in the wild. The attacks use Microsoft Office documents embedded with malicious … Read more