Bank chairman believed he was talking to a lawyer and ended up ordering a multi-million-dollar wire transfer.
The company also detailed how some of those breaches had happened, and outlined additional measures it is taking to assess the impact of the events.
The round builds on a $30 million fundraise in February, taking the company’s total funding to $140 million.
Mitigations are no longer mitigating, and patching is now the only method of defense.
Protego Ventures, the first and largest dedicated defense tech VC in Israel, just completed its final $125 million closing, TechCrunch learned exclusively.
Finance and HR departments are being offered tools that don’t exist, tricking them into handing over valuable access.

In March, Janice Malone began getting calls about suspicious activity from her nonprofit organization, Vivian’s Door. Vivian’s Door, headquartered in Alabama, typically provided training, resources, and community to underserved and minority-owned businesses. The work sometimes put it in close contact with these companies’ financial data, which was stored on its systems. But suddenly, concerned callers […]

Attackers are exploiting two critical flaws in Citrix NetScaler ADC and NetScaler Gateway. Companies use the devices to give staff remote access to internal networks. Citrix confirmed the attacks in a security bulletin on Sunday and released fixes. Bot…
The company released a fix and urged organizations to patch up immediately.