BOSTON (Reuters) – Cybersecurity intelligence firm iSight Partners is looking to raise $100 million or more this year as it prepares for an initial public offering as early as the end of 2016, the company’s chief executive told Reuters.
The company, which has garnered attention for research on cyber threats including high-profile Russian and Iranian espionage campaigns, hopes to sell debt or equity in the fourth quarter of this year, CEO John Watters said in a phone interview on Wednesday. The money will be used to fund product development and international expansion, he said.
BOSTON, July 31 (Reuters) – The U.S. Food and Drug
Administration on Friday advised hospitals to stop using Hospira
Inc’s Symbiq infusion system, saying a security
vulnerability could allow cyber attackers to take control of the
The agency issued the advisory some 10 days after the U.S.
Department of Homeland Security warned of the vulnerability in
the pump, which is used to deliver medications directly into the
bloodstream of patients.
BOSTON/DETROIT (Reuters) – A researcher is advising drivers to halt the use of a mobile app for General Motors Co’s OnStar vehicle communications system, saying hackers can exploit a security flaw in the product to remotely unlock cars and start engines.
“White-hat” hacker Samy Kamkar posted a video on Thursday saying he had figured out a way to “locate, unlock and remote-start” vehicles by intercepting communications between the OnStar RemoteLink mobile app and the OnStar service.
NEW YORK/BOSTON (Reuters) – A growing number of U.S. companies, including MillerCoors and AIG, are stepping up the battle against online ad fraud by demanding proof that their ads have been seen by real people instead of computers hijacked by cybercriminals.
Spurred by a warning in December by the Association of National Advertisers (ANA) that businesses are losing $6.3 billion a year to so-called “click fraud,” these companies now stipulate in advertising contracts that they will only pay for online ads when given proof that humans clicked on them.
BOSTON/FRANKFURT, March 19 (Reuters) – New bugs in the
widely used encryption software known as OpenSSL were disclosed
on Thursday, though experts say do not pose a serious threat
like the “Heartbleed” vulnerability in the same technology that
surfaced a year ago.
“Heartbleed” triggered panic throughout the computer
industry when it was reported in April 2014. That bug forced
dozens of computers, software and networking equipment makers to
issue patches for hundreds of products, and their customers had
to scour data centers to identify vulnerable equipment.
BOSTON (Reuters) – Health insurer Premera Blue Cross said on Tuesday it was a victim of a cyberattack that may have exposed medical data and financial information of 11 million customers in the latest case of a healthcare company reporting a serious breach.
It said the attackers may have gained access to claims data, including clinical information, along with banking account numbers, Social Security numbers, birth dates and other data in an attack that began in May 2014 and was uncovered Jan. 29.
WASHINGTON/BOSTON (Reuters) – Two Vietnamese citizens and a Canadian have been charged with running a massive cyber fraud ring that stole 1 billion email addresses, then sent spam offering knockoff software products, the U.S. Department of Justice said on Friday.
Court documents did not identify the email companies that were victimized, though the Justice Department described the hacking spree as “one of the largest” data breaches uncovered in U.S. history.
BOSTON, March 6 (Reuters) – Hundreds of millions of Windows
PC users are vulnerable to attacks exploiting the recently
uncovered “Freak” security vulnerability, which was initially
believed to only threaten mobile devices and Mac computers,
Microsoft Corp warned.
News of the vulnerability surfaced on Tuesday when a group
of nine security experts disclosed that ubiquitous Internet
encryption technology could make devices running Apple Inc’s
iOS and Mac operating systems, along with Google Inc’s
Android browser vulnerable to cyberattacks.
March 4 (Reuters) – U.S. Senator Bill Nelson asked three
federal agencies to investigate hardwood flooring retailer
Lumber Liquidators Holdings Inc after a report on “60
Minutes” that some of its wood flooring products had dangerous
levels of formaldehyde.
The company’s shares fell as much as 12 percent to a
two-and-a-half-year low on Wednesday.
March 2 (Reuters) – Connecticut Attorney General George
Jepsen’s office said on Monday it has launched an investigation
into Lenovo Group Ltd’s sales of laptops preloaded
with Superfish software, which the U.S. government last month
warned made users vulnerable to cyberattacks.
The office said that Jepsen last week sent letters to
Lenovo, the world’s biggest personal computer maker, and
privately held software maker Superfish asking them to provide
information, including contracts and emails that discuss their