security vulnerabilities
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Cyera Hits $9B Valuation with New Funding
Read Full Article: Cyera Hits $9B Valuation with New Funding
Data security startup Cyera has achieved a $9 billion valuation following a $400 million Series F funding round, just six months after being valued at $6 billion. The New York-based company, which has now raised over $1.7 billion, specializes in data security posture management, helping businesses map sensitive data across cloud systems, track usage, and identify vulnerabilities. The rapid growth is fueled by the increasing data volumes and security concerns associated with AI, enabling Cyera to attract one-fifth of Fortune 500 companies as clients and significantly boost revenue. This highlights the escalating importance of robust data security solutions in the digital age, especially as AI continues to expand.
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Condé Nast User Database Breach: Ars Unaffected
Read Full Article: Condé Nast User Database Breach: Ars Unaffected
A hacker named Lovely claimed responsibility for breaching a Condé Nast user database, releasing over 2.3 million user records from WIRED, with plans to leak an additional 40 million records from other Condé Nast properties. The data includes demographic information but no passwords, and Ars Technica remains unaffected due to its unique tech stack. Despite Lovely's claims of urging Condé Nast to fix security vulnerabilities, it appears the hacker's motives were financially driven rather than altruistic. Condé Nast has yet to comment on the breach, and the situation highlights the importance of robust cybersecurity measures to protect user data. This matters because it underscores the ongoing threat of data breaches and the need for companies to prioritize user data security.