Plus: Coincover raises $30M to help protect crypto assets from being breached
| Part of  Network | |
 Presented by  |
TOR users are reporting connectivity issues due to a number of DDoS attacks that have hit the TOR network. These attacks have been ongoing for the last seven months. More: - TOR representatives have stated that they will continue to monitor the situation and will make changes to the network so that it can withstand the long hacking campaign.
- This hacking campaign has slowed down TOR for some users, something the browser has struggled with in the past, even without being cyberattacked.
- While the threat actors responsible for the breach have not been tracked, researchers believe that the hackers are using a variety of different tools that change multiple times per day.
Zoom Out: - Tor is an open-source browser that enables users to browse the web more anonymously.
- The technology has received both praises for its role in becoming a tool that democratized internet use, as well as criticism revolving around its privacy practices that have allowed people with criminal backgrounds to have a platform for themselves.
| |
The U.S. has warned of imminent North Korean cyberattacks that may target key sectors in the country. CISA made an official statement on the risk that may come from these campaigns. More: - In a joint statement with CISA, the NSA, the U.S. Department of Health and Human Services, the Republic of Korea (ROK) National Intelligence Service, and the ROK Defense Security Agency have warned that North Korean hackers may soon launch a hacking campaign against several the most important actors in the U.S.
- This announcement is part of the #StopRansomware campaign.
- The agencies have provided several mitigations for the attacking campaign, such as:
- limiting access to data by authenticating and encrypting connections, utilizing concepts of least privilege in accounts,
- and creating multi-layer defenses for networks and assets.
| |
 A message from FINGERPRINT Fingerprint Pro: The World’s Most Accurate Visitor Identifier Preventing fraud is HARD. Identifying malicious users is one of the constant challenges engineering, and product teams face. Even the best fraud prevention solutions only recognize 60% of returning users, resulting in significant business losses to fraudulent activities. With 3rd party cookies going away and increasing browser privacy restrictions, fighting fraud only becomes more difficult. Fingerprint combines multiple signals within a layered identification process to enable the highest accuracy in visitor identification. The platform combines the following: - Server-side analysis and machine learning to generate the most stable visitorID
- Storage and deduplication for fuzzy matching, handling browser, and OS upgrades
- Cookie and local storage management, retaining cryptographically signed cookies
Start building with Pro for free. Talk to an expert
| |
The National Institute of Standards and Technology announced a new encryption algorithm that will be used to protect small IoT devices. The algorithm was chosen as the winner in a competition held by NIST. More: - This algorithm is called Ascon.
- Ascon is a family of authenticated encryption and hashing algorithms designed to be lightweight and easy to implement.
- Its main features are:
- Authenticated Encryption with Associated Data,
- hashing,
- single lightweight permutation,
- Sponge-based modes of operation with a custom-tailored SPN permutation,
- Easy to implement in software and hardware,
- Lightweight for constrained devices: small state, simple permutation, robust mode,
- Fast in hardware, etc.
- Ascon was designed by a team of cryptographers from Graz University of Technology, Infineon Technologies, Lamarr Security Research, and Radboud University.
| |
Coincover has raised $30M to help protect crypto assets from being breached. Foundation Capital led the funding round. More: - The company helps with monitoring and analysis systems, identifying suspicious transactions, cyber insurance coverage, etc.
- Coincover states that its platform helps companies not only avoid being breached but offers them solutions that can be implemented if they are breached at any time.
- Since its inception in 2018, the company has raised $41.6M, according to company officials.
- Coincover has over 300 clients.
- Coincover aims to use this funding round to expand its team and develop its product.
| |
Clearsense has raised a $50M Series D funding round to provide advanced and secure data analytics for the healthcare industry. The company claims it helps clients save hundreds of millions in costs annually. More: - Clearsense offers a data analytics healthcare platform that enables its clients to make better management decisions regarding finances and HR.
- The platform enables clients to store data safely.
- Its product helps in specialized analytics that deal with:
- Disease registries,
- Population health,
- Research, etc.
- The company claims it has over 400 clients that save more than $100M in costs annually by using its platform.
- This funding round was led by Healthquest Capital.
- The company is based in Jacksonville, Florida.
| |
Quick Hits: - Verifying users online is a challenge. Discover how to deliver an identity verification process that balances fraud prevention with user experience.*
- Several California residents have had their inflation relief funds stolen and may have to pay taxes on the money they didn't get, according to a report.
- Reddit has confirmed that it was breached earlier today. The breach is believed to have happened as a result of an employee clicking on phishing links.
- A report claims that a hacker took advantage of the 15-day waiting period that Valve took to fix security patches by uploading malicious code in several company files.
- Building startups is hard; securing them can be confusing. Watch this demo and see how you can be compliant quickly.*
*This is sponsored content.
| |
Upcoming events at Inside: - February 13 - Inside Marketing Coffee Break (Register Here)
- February 14 - Inside Startups Coffee Break (Register Here)
- February 16 - Inside Marketing w/ Kate Chernis (Lately) (Register Here)
- March 01 - Webinar on the changing privacy landscape in the US by Vanta and Osano (Register Here) *
- March 02 - AI Quality Workshop: Driving ML Performance and Trustworthiness (Register Here) *
- April 18 - Human Resources Summit'23 (Register Here)
*This is a sponsored listing.
| |
 |  | Arbër is an Inside writer who also has experience in entrepreneurship. He has experience covering Consumer Tech, Venture Capital, NFTs, Crypto, etc. Arbër holds a Bachelor's degree in Business from XAMK University in Finland. When he is not reading(and writing) business news, he chooses to watch sports or anime...and then read news about sports or anime. |   | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 and 1972 Fords. | |
Fingerprint is the premier device identity platform for high-scale applications. | |
| 767 Bryant St. #203, San Francisco, CA 94107
Copyright © 2023 Inside.com | |
| |
