Plus: Vouched raises $6.3M to provide AI-powered identity verification for companies and public institutions, can identify 95% of the global population
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The U.S. government has given federal agencies a 30-day deadline to delete TikTok from their devices. The use of TikTok in federal agencies was banned in December 2022. More: - Within a 90-day period, all federal agencies must declare that TikTok cannot be used on devices, and they must cancel any existing contracts that require the app's use.
- 120 days after this notice has been published, all federal agencies must submit the number of exceptions approved regarding the use of the social media app.
- Most exceptions are likely to be in cases when it is believed that using the app could benefit national security, as stated in the directive.
Zoom Out: - Canadian Prime Minister Justin Trudeau announced yesterday that the country is banning TikTok from all government-issued mobile devices.
- The European Commission also announced its plan to ban the app last week.
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Gmail and Google Calendar have added client-side encryption as a security feature for all users. The feature was previously tested with a limited number of users. More: - From now, Workspace Enterprise Plus users can send emails, receive emails, and create meeting events more safely because they are encrypted before reaching Google's servers.
- Client-Side Encryption is already used for Google Drive, Google Docs, Google Slides, Google Sheets, and Google Meet.
- Multiple Google clients, including companies such as Verizon, Groupe Le Monde, and PwC, use the feature.
- The feature is currently not available for individual users.
Zoom Out:
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Hackers are cyberattacking law firms increasingly more in 2023, according to an industry report. GootLoader and SocGholish are the two malware variants being used in these cyberattacks. More: - The hackers are targeting vulnerable WordPress websites and adding new blog posts without the owners' knowledge.
- The hackers then use SEO poisoning to direct as many targets as possible toward the infected websites.
- Once the target enters an infected web page and hits the link to download the business agreement, GootLoader begins being installed on the device.
Zoom Out: - Malware like GootLoader and SocGholish is said to be one the main drivers behind the increase of browser-based attacks in the last two years.
- The threat vector has become the most common business email compromise method.
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Vouched has raised a $6.3M funding round to provide AI-powered identity verification for companies and public institutions. The company claims it can identify 95% of the world's population. More: - Vouched offers an identity certification platform that can quickly verify documents such as:
- ID card,
- Driver's license,
- Handgun license,
- Residence permit,
- Visa, etc.
- Vouched has over 300 clients and is active in over 150 countries.
- The platform successfully registers new IDs in 30 minutes and only needs five samples to do so.
- The company claims that its platform is used in industries such as:
- automotive,
- hospitality,
- gaming,
- healthcare, etc.
- BHG VC and SpringRock Ventures led the funding round, with participation from angel investors.
- The company is based in Seattle, Washington.
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Trackd has raised a $3.35M Seed round to make patching security flaws more efficient. The company is based in Virginia. More: - Trackd offers a patch management platform that helps the company know if patching specific security flaws caused technical issues for users.
- Once the information is submitted, the platform anonymizes it.
- If a patch causes issues for the user's experience, that information is sent to remediation teams.
- Flybridge led the funding round, with participation from Lerer Hippeau, SaaS Ventures, and Expa.
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- Researchers have published a report on the BlackLotus UEFI bootkit. The tool can enable hackers to gain high-level unauthorized admin privileges while remaining untracked for a long period.
- Several cryptocurrency companies have been attacked by threat actors deploying Parallax RAT. The latter is a trojan that gives threat actors the ability to reboot or shut down the breached device. The hackers using the trojan communicate with their victims via Windows Notepad.
- Colorado-based Dish Network has stated in an SEC filing that a cyberattack was the reason behind an outage that lasted several days in late February. The company has not commented on whether it has communicated with the threat actors behind the ransomware campaign.
- Cybersecurity company BitDefender has released a decryption key for those that were hacked by the MortalKombat ransomware.
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- March 07 - Inside Startups Coffee Break (Register Here)
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- April 18 - Human Resources Summit'23 (Register Here)
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 |  | 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. | |
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