YC-backed Namibian startup JABU gets $3.2M for its B2B e-commerce and retail play – TechCrunch

Namibian business-to-business e-commerce startup JABU confirmed to TechCrunch that it has closed a $3.2 million financing round. The seed round welcomed investors such as Afore Capital, Y Combinator, FJ Labs, Quiet Capital, Kli Capital, Pareto Capital and unnamed angels. As a last-mile distribution e-commerce company, JABU joins a list of startups across the continent that…

VMware Patches Important Bug Affecting ESXi, Workstation and Fusion Products

VMWare has shipped updates to Workstation, Fusion, and ESXi products to address an “important” security vulnerability that could be weaponized by a threat actor to take control of affected systems. The issue relates to a heap-overflow vulnerability — tracked as CVE-2021-22045 (CVSS score: 7.7) — that, if successfully exploited, results in the execution of arbitrary…

Researchers Uncover Hacker Group Behind Organized Financial-Theft Operation

Cybersecurity researchers have taken the wraps of an organized financial-theft operation undertaken by a discreet actor to target transaction processing systems and siphon funds from entities primarily located in Latin America for at least four years. The malicious hacking group has been codenamed Elephant Beetle by Israeli incident response firm Sygnia, with the intrusions aimed…