Y Combinator narrows current cohort size by 40%, citing downturn and funding environment – TechCrunch

Cyber Attacks

Y Combinator says it has intentionally shrunk the number of startups within its accelerator for the Summer 2022 batch. As first reported by The Information and independently verified by TechCrunch, Y Combinator’s Summer 2022 cohort – currently in action – boasts nearly 250 companies, down 40% from the previous cohort, which landed at 414 companies.…

Chinese Hackers Using New Manjusaka Hacking Framework Similar to Cobalt Strike

Web Security News

Researchers have disclosed a new offensive framework called Manjusaka that they call a “Chinese sibling of Sliver and Cobalt Strike.” “A fully functional version of the command-and-control (C2), written in GoLang with a User Interface in Simplified Chinese, is freely available and can generate new implants with custom configurations with ease, increasing the likelihood of…