Cybersecurity

IT security startup Wallarm raises $8 million to continue its Russian-American success story

Wallarm, a cybersecurity startup with Russian roots, announced yesterday the completion of a $8 million round in California. The round was led by Toba Capital with participation from Partech Ventures and Gagarin Capital (which had invested in the company’s previous round) and Y Combinator (from which Wallarm graduated in 2016). “Given the growing sophistication of …

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Rostelecom acquires Solar Security for $23 million to create national cybersecurity center

Russia’s national telecom operator Rostelecom has acquired Solar Security, a major local tech player in the field of target monitoring and information security operational management. Rostelecom spent 1.5 billion rubles (roughly $23 million at the current exchange rate) for this acquisition, as announced last week. As part of the deal, Rostelecom’s existing information security resources, …

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US government considers specific sanctions against Kaspersky Lab

Kaspersky Lab could be targeted by specific sanctions “as part of a wider round of action carried out against the Russian government,” CyberScoop reported earlier this week, refering to “US intelligence officials familiar with the matter.” The Russian cybersecurity company has two ongoing lawsuits against the US government, which were filed in response to the recent …

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Kaspersky: We uploaded classifieds US documents but immediately deleted them

Sometime in 2014, a group of analysts walked into the office of Kaspersky Lab founder and CEO Eugene Kaspersky to deliver some sobering news. The company’s anti-virus software had automatically scraped powerful digital surveillance tools off a computer in the United States and the analysts were worried: the data’s headers clearly identified the files as classified. …

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Kaspersky Lab to open software to review, says nothing to hide

Moscow-based Kaspersky Lab said on Monday it will ask independent parties to review the security of its anti-virus software, which the US government has said could jeopardize national security, citing concerns over Kremlin influence and hijacking by Russian spies. Kaspersky, one of the world’s top cyber security vendors for consumers, said in a statement that …

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US senate votes to oust Kaspersky from federal use

Following a directive from the Department of Homeland Security last week banning the use of Kaspersky Lab security software in the executive branch, the U.S. Senate has followed suit. On Monday, the Senate passed an amendment against Kaspersky Lab pushed forward by New Hampshire Democrat Jeanne Shaheen. The amendment was attached to the National Defense Authorization Act (NDAA) following a …

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Red panic: Kaspersky pulled from major US retailer’s shelves, banned from federal government computers

US retailer Best Buy has pulled from its shelves Kaspersky Lab’s PC security software amid fears of Kremlin spies using the antivirus tool to snoop on Americans — even though there is no concrete evidence to indicate that the security software is a threat. In an exchange with UK’s The Register, the store chain confirmed its decision, but …

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State corporation Rostec launches cyber security export program

Russian state holding Rostec has launched a program to export cyber security systems in 2017-2019. The program involves two Rostec entities, arms exporter Rosoboronexport and information security company Avtomatika. Thus, foreign customers will enjoy Russian cyber security excellence in such fields as social network monitoring, anti-virus technologies and encryption. “We have recorded an increased demand for various projects related to …

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Russian FSB agents allegedly turned over hacker secrets to CIA

The treason case against a handful of former Russian Federal Security Service (FSB) agents was launched after the suspects passed several names and other information about Russian hackers to the CIA, an unnamed source reportedly close to the FSB told the TV station Dozhd. Ivan Pavlov, the lawyer for one of the treason suspects, has denied these allegations. As director …

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Kaspersky Lab withdraws antitrust lawsuit against Microsoft in EU & Russia

Moscow-based cybersecurity firm Kaspersky Lab stated yesterday it would end a lawsuit against Microsoft in Europe and Russia. The US company has agreed to change the way it uses its dominant position in the PC operating system market. “Microsoft has announced today that it is addressing the concerns we recently raised with select governing organizations in Russia …

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