Philip Choo

Egyptian fintech Paymob, which enables merchants to accept digital payments online and in-store, announced today it has raised $50 million in Series B funding. PayPal Ventures, the global corporate venture arm of PayPal, New-York-based venture capital Kora Capital, and London-based Clay Point led the round. New participating investors include Helios Digital Ventures, British International Investment
The U.S. Treasury Department issued sanctions against a cryptocurrency mixer accused of helping North Korean state-sponsored hackers launder cryptocurrency stolen from an attack on the Axie Infinity multiplayer game. Investigators with the Treasury’s Office of Foreign Assets Control believe that hackers associated with North Korea’s infamous Lazarus Group transferred around $20.5 million worth of money
The conflict in Ukraine has highlighted the risks of cyberespionage attacks that typically involve Advanced Persistent Threat groups and often target organizations’ most valuable data The conflict in Ukraine has highlighted the risks of cyberespionage and sabotage, which typically involve Advanced Persistent Threat (APT) groups. In this special edition of Week in security, Tony looks
The US National Institute of Standards and Technology (NIST) has updated its guidance on supply chain cybersecurity. The revised publication, Cybersecurity Supply Chain Risk Management Practices for Systems and Organizations, gives organizations key practices to adopt as they manage cybersecurity risks across their supply chains. In particular, it advises organizations to consider vulnerabilities in the components of a
Hi friends. In case you missed it last week: I’m Greg, and I’m handling Week in Review now that Lucas is off with Anita building their new crypto-focused podcast/newsletter, Chain Reaction. I’m teeeechnically supposed to be on vacation today, but I figured it was probably not cool to throw the newsletter to someone else ONE
Chingona Ventures, a three-year-old, Chicago-based venture outfit that invests in pre-seed startups, primarily in the Midwest and primarily founded by overlooked individuals who are focused on massive markets, has closed a new fund with $52 million in capital commitments. Limited partners in the new fund include PayPal Ventures, Norwest Venture Partners, Melinda Gates’s Pivotal Ventures,
Cybersecurity researchers have discovered a new Windows malware with worm-like capabilities and is propagated by means of removable USB devices. Attributing the malware to a cluster named “Raspberry Robin,” Red Canary researchers noted that the worm “leverages Windows Installer to reach out to QNAP-associated domains and download a malicious DLL.” The earliest signs of the
SentinelOne discovered two high-severity vulnerabilities affecting Avast and AVG antivirus products that have existed since 2012. Threat detection vendor SentinelOne published a blog that disclosed the vulnerabilities on Thursday. The flaws concern Avast’s anti-rootkit driver, which is used by both Avast and AVG antivirus products (Avast acquired AVG in 2016). If exploited, a threat actor
by Paul Ducklin LISTEN NOW Click-and-drag on the soundwaves below to skip to any point. You can also listen directly on Soundcloud. [00’23”] Fun Fact. What comes after “123”? [01’57”] World Password Day. (We still need it!) [04’20”] GitHub authentication troubles. [11’55”] This Week in Tech History. Sasser, the sassy Windows worm. [15’55”] Firefox hits
By Oliver Devane  McAfee has identified several Youtube channels which were live-streaming a modified version of a live stream called ‘The B Word’ where Elon Musk, Cathie Wood, and Jack Dorsey discuss various aspects of cryptocurrency.   The modified live streams make the original video smaller and put a frame around it advertising malicious sites that
The National Institute of Standards and Technology (NIST) on Thursday released an updated cybersecurity guidance for managing risks in the supply chain, as it increasingly emerges as a lucrative attack vector. “It encourages organizations to consider the vulnerabilities not only of a finished product they are considering using, but also of its components — which
Enduring Planet, a new fintech firm that exclusively funds climate entrepreneurs, is taking the wraps of its first product after securing $5 million in debt and equity financing. The company aims to deliver fast debt capital to startups and small businesses that focus on climate, such as by mitigating emissions or helping humanity adapt to
A book on cybersecurity that doesn’t feature any words written by individuals who identify as male has been published by JupiterOne. Reinventing Cybersecurity, which came out on Tuesday, claims to be “the first cybersecurity book written entirely by women and non-binary experts.”  The publication is a collection of original stories from 17 female and non-binary security professionals. Linking