Sysdig raises $188M to invest in continued innovation in its open source foundation

Sysdig announced a $188 million Series F funding round at a valuation of $1.19 billion. This round brings Sysdig’s total funding to $394 million since inception. The financing was led by Premji Invest & Associates and Third Point Ventures, with par… Continue reading Sysdig raises $188M to invest in continued innovation in its open source foundation

SolarWinds hack spotlights a thorny legal problem: Who to blame for espionage?

Every massive breach comes with a trail of lawsuits and regulatory ramifications that can last for years. Home Depot, for instance, only last month settled with a group of state attorneys general over its 2014 breach. The SolarWinds security incident that U.S. officials have pinned on state-sponsored Russian hackers is unlike anything that came before, legal experts say, meaning the legal liability could take even longer to resolve in court. As Congress, federal government departments and corporations reckon with the vast sweep of the SolarWinds breach, there are still many more questions than answers. Fewer pieces of it are less certain than how it might play out in court, where companies and individuals alike stand to gain or lose. Many millions of dollars, corporate blame and years of finger-pointing are on the line. That’s because the targets — government agencies, and some major companies — aren’t the usual kind of […]

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HackerOne, Verizon weigh pros and cons of making live hacking contests virtual

Among all the ways COVID-19 has affected the cybersecurity world, perhaps nothing is more impossible than live hacking events, which were once a staple of the industry. The coronavirus forced bug bounty company HackerOne and Verizon Media into hosting two online hacking events together since the outbreak, and they recently completed what they billed as the world’s largest live hacking contest. Live hacking events, whether virtual or in-person, give companies a chance to lure ethical hackers to find their security flaws before the attackers do, and can serve as recruiting opportunities for corporate positions, too. What made the most recent competition stand out was its massive size, and what the experiment could mean for the rest of the bug bounty community. The HackerOne/Verizon Media duo wasn’t the first to move live hacking events online. Pwn2Own made a similar transition in March. With more than 3,000 people from 59 countries registering […]

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