Life360 Inc., the company that owns the Tile location tracking company, has disclosed that it has recently become a victim of a “criminal extortion attempt” relating to stolen data. Similarly to Apple Inc. and its AirTag, Tile produces small Bluetooth-enabled devices that help users locate and track items such as keys, wallets and bags. The ...

Terraform Labs Pte. Ltd. and its co-founder, Do Kwon, have agreed to pay $4.47 billion to settle a lawsuit brought against them by the U.S. Securities and Exchange Commission following the collapse of its TerraUSD and Luna token in 2022. The details of the settlement were listed in a court filing, which states that Terraform ...

The Rust Foundation, which supports the development of the popular open-source Rust programming language, joined with several prominent organizations today to launch of the Safety-Critical Rust Consortium, a new organization that aims to promote the responsible use of Rust in safety-critical software. Along with the Rust Foundation, the Rust Consortium’s founding members include Ada Core Technologies ...

A new report released today by phishing detection and response solutions company Cofense Inc. is warning that a remote access trojan first detected in 2020 is currently running wild and being increasingly used in phishing malware campaigns. The RAT in question is called STR RAT and is mostly delivered directly via email as opposed to an embedded ...

Secure computation platform startup Pyte announced today that it has raised $5 million in new funding to commercialize its technology in new industries, with a primary focus on highly regulated sectors such as financial services and healthcare. Founded in 2020, Pyte offers security data collaboration solutions that allow organizations to collaborate on sensitive data while ...

Multicloud networking sofware company Prosimo Inc. today announced a new integration with Palo Alto Networks Inc. to bring zero trust to application workloads and multicloud environments. The partnership sees Prosimo’s Full Stack Cloud Transit platform now integrating with Palo Alto’s VM-Series Virtual Next-Generation Firewall, allowing enterprises to deploy security as close as possible to the ...

BlackBerry Ltd.-owned cybersecurity company Cylance has suffered a data breach, with the stolen data appearing for sale on the infamous hacking forum BreachForums. First reported June 7 by Dark Web Informer on X Inc., the data is listed for sale by well-known BreachForums hacker “Sp1d3r” for $750,000. The listing on BreachForums claims to include 34 ...

General Motors Co. announced today that it’s giving its troubled self-driving car unit, Cruise LLC, $850 million in funding while it works out what to do next in terms of its strategy and funding. Bloomberg reported that the announcement was made by GM Chief Financial Officer Paul Jacobson at an investor conference in New York. He ...

Amazon Web Services Inc. today reaffirmed its commitment to security at its annual re:Inforce conference, announcing a series of new artificial intelligence-powered features and enhanced security measures. The new features are said to link back to seven reasons why security will always be Amazon’s top priority. The reasons include security being a part of everyone’s ...

Shares in Rubrik Inc. rose more than 2% in late trading today after the data security software provider reported earnings and revenue beats in its first quarterly financial report since going public in April. For its fiscal 2025 first quarter ended on April 30, Rubrik reported an adjusted earnings per share loss of $1.58, up ...