Ted Schlein’s Ballistic Ventures seeks $490M for new funds amid AI-driven cybersecurity boom

Ballistic Ventures, the cybersecurity-focused venture capital firm co-founded by former Kleiner Perkins partner Ted Schlein (pictured above, second from the right), is seeking to raise $490 million across two new funds, TechCrunch has learned through regulatory filings. The San Francisco-based VC firm filed with the U.S. Securities and Exchange Commission this week to raise $360…

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Researchers warned of North Korean hacking tactics years before record $6.3B Binance heist

Crypto giant Binance says North Korean hackers used fake social media profiles and the lure of a potential job offer as part of a months-long scheme aimed at tricking an employee into downloading malicious software onto their laptop. Researchers have repeatedly warned about long-running social engineering attacks that can go on for months. This latest…

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A fresh wave of cyberattacks has hit Europe’s supermarket refrigerators, destroying food across countries

A second wave of cyberattacks is suspected to have hit supermarket refrigerators across Europe, causing fridges to increase temperatures and spoil food at dozens of stores across Belgium, Ireland, Luxembourg and Sweden. Supermarket giants Ahold Delhaize and Colruyt confirmed the hacks overnight, with one Belgian company that operates Delhaize’s systems saying that the hackers had…

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Applebee’s exposed customers’ personal data after leaving database password in app

Applebee’s has fixed a security flaw that allowed anyone to access the personal information of its registered customers, after a researcher found a password for an internal database inside Applebee’s mobile app, TechCrunch has learned.  The popular restaurant chain confirmed on Thursday that it had taken action to address the security issue to prevent any…

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