HYCU locks down additional funding to grow its cloud data protection business – TechCrunch

Hybrid Cloud Up Time (HYCU), a self-described “backup-as-a-service” company for customers managing hybrid and multi-cloud environments, today announced that it raised $53 million in a “majority equity” Series B round led by Acrew Capital with participation from Bain Capital Ventures, Atlassian Ventures, and Cisco Investments. In an email interview with TechCrunch, CEO Simon Taylor said…

A Stealthy Linux Malware Targeting Latin American Financial Sector

Cybersecurity researchers have taken the wraps off what they call a “nearly-impossible-to-detect” Linux malware that could be weaponized to backdoor infected systems. Dubbed Symbiote by threat intelligence firms BlackBerry and Intezer, the stealthy malware is so named for its ability to conceal itself within running processes and network traffic and drain a victim’s resources like…