Data storage security company Cyera is finalizing a round led by Evolution Equity Partners of at least $300 million at a $12 billion valuation, according to four people with knowledge of the deal. Calcalist was first to report the funding deal, although TechCrunch’s sources added new details about the company and its financials. Cyera has
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The first convicted spyware maker in over a decade has avoided jail time after earlier pleading guilty to U.S. federal charges associated with running his surveillance company. Bryan Fleming was sentenced on Friday in a San Diego federal court to time served and a $5,000 fine, confirmed a spokesperson for the U.S. Attorney for the
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Decentralized finance company Drift says it has suspended withdrawals and deposits after confirming a security incident. The crypto platform said in a post on X that it was “experiencing an active attack,” and that it was working to “contain the incident.” Security researchers and public blockchain data suggest the losses could be significant. Blockchain security
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