BOXX Insurance raises $14.4 million to help customers stay ahead of cyber threats
BOXX Insurance has unveiled a US$14.4 million Series B funding round, bringing the total amount raised from investors to US$24.5 million in the last 16 months. The latest investment was led by Zurich Insurance Company (Zurich). BOXX also unveiled tha.....»»
Supreme Court decides not to block Texas law that age-gates porn websites
Court denies application for a stay but could still hear challenge to the law. Enlarge (credit: Getty Images | PA Thompson) The US Supreme Court yesterday denied a request to block a Texas law that requires age-verificat.....»»
Q&A: Jobs for young Africans—new data tool reveals trends and red flags
An estimated 23.6 million young Africans (aged 15–35) are unemployed—that's one in 22 (4.5%). With this number projected to grow to 27 million by 2030, the need for jobs is critical. But the key to good policies for job creation is good data......»»
Ford launches AI-powered dealership training platform
The automaker is rolling out Ford University, a digital platform that utilizes AI to train dealership employees on selling vehicles and improving their relationships with customers......»»
Infosec products of the month: April 2024
Here’s a look at the most interesting products from the past month, featuring releases from: Akamai, Bitdefender, CyberInt, Fastly, Forcepoint, IDnow, Immuta, Index Engines, Invicti Security, LogRhythm, Netwrix, Owl Cyber Defense Solutions, Privace.....»»
The academic sleuth facing death threats and ingratitude
Lonni Besançon devotes evenings and weekends to rarely appreciated sanitation work. By examining scientific articles after they are published and exposing shortcomings, he has made himself an enemy of both researchers and publishers. It has gone so.....»»
Cybersixgill Third-Party Intelligence module identifies potential supply chain risks
Cybersixgill, the global cyber threat intelligence data provider, broke new ground by introducing its Third-Party Intelligence module. The new module delivers vendor-specific cybersecurity and threat intelligence to organizations’ security team.....»»
FCC fines major wireless carriers over illegal location data sharing
The Federal Communications Commission (FCC) fined the nation’s largest wireless carriers for illegally sharing access to customers’ location information without consent and without taking reasonable measures to protect that information against un.....»»
Island raises $175 million at $3 billion valuation
Island announced its $175 million Series D financing. The new funding round brings Island’s valuation to $3 billion, doubling the last valuation from less than a year ago. The round was led by new investor Coatue and existing investor Sequoia Capit.....»»
Onyxia launches AI-powered predictive insights to optimize security management
Onyxia Cyber unveiled OnyxAI to deliver insights that enable security leaders to proactively optimize security performance, resource allocation, and risk management. “We are seeing a real need in the market for security solutions that can simplify.....»»
Lithia: Driveway Finance has $2M loss in Q1, still on track for profitability in 2024
Lithia Q1 2024 earnings: Car dealer Lithia Motors Inc.'s developing captive finance company Driveway Finance Corp. lost $2 million during the first quarter, compared with a $21 million loss a year earlier......»»
Mercedes to stay firm on pricing following Q1 profit drop
Mercedes said model transitions in the top-end segment and supply chain-related costs caused its return on sales to fall to 9.6 percent from 14.9 percent a year earlier, with vehicle sales down 8 percent at 462,978......»»
Penske Automotive Q1 net income falls 28%
Penske Automotive Group Inc.'s first-quarter retail automotive service and parts revenue grew 9 percent to a quarterly record of $746 million......»»
Why the automotive sector is a target for email-based cyber attacks
While every organization across every vertical is at risk of advanced email attacks, certain industries periodically become the go-to target for threat actors. In this Help Net Security video, Mick Leach, Field CISO at Abnormal Security, discusses wh.....»»
Triangulation fraud: The costly scam hitting online retailers
In this Help Net Security interview, Mike Lemberger, Visa’s SVP, Chief Risk Officer, North America, discusses the severe financial losses resulting from triangulation fraud, estimating monthly losses to range from $660 million to $1 billion among m.....»»
FCC fines big three carriers $196M for selling users’ real-time location data
FCC finalizes $196M penalties for location-data sales revealed in 2018. Enlarge (credit: Getty Images | SOPA Images ) The Federal Communications Commission today said it fined T-Mobile, AT&T, and Verizon $196 million "fo.....»»
Cats suffer H5N1 brain infections, blindness, death after drinking raw milk
Mammal-to-mammal transmission raises new concerns about the virus's ability to spread. Enlarge / Farm cats drinking from a trough of milk from cows that were just milked. (credit: Getty | ) On March 16, cows on a Texas d.....»»
Legislators too ‘trigger happy" on banning alternative fuels, Volvo Trucks says
As legislators and regulators across the globe pursue fully emissions-free transportation, Volvo Truck's complaint raises questions about whether alternative fuels have a role to play in a green future......»»
Porsche dealership sales manager took bribes in exchange for high-demand vehicles, lawsuit alleges
The sales manager of a Porsche dealership in South Carolina commanded hundreds of thousands of dollars in "under-the-table" payments from customers hungry for high-demand vehicles......»»
CFO: AutoNation Finance should break even by 2025
AutoNation CFO Thomas Szlosek said that AutoNation Finance is making steady progress as the division continues shift to company customers......»»
Asbury Automotive says 10 dealerships are up for sale
Asbury Automotive Group said it entered Q2 with $243 million in assets for sale — including 10 dealerships — after selling a Jim Koons Lexus site in Delaware to MileOne Autogroup in March......»»