Root Insurance valuation hits $3.65 billion in latest round led by DST Global and Coatue – TechCrunch

Root Insurance,  lang=”EN”>an Ohio-based car insurance startup that uses smartphone technology to understand individual driver behavior, said Monday it has raised $350 million on a $3.65 billion valuation in a Series E funding round.  The amount of the round was reported last month, citing anonymous sources. This official announcement fills in the remaining details, including…

New Malware Uses Windows BITS Service to Stealthy Exfiltrate Data

Cybersecurity researchers have discovered a new computer virus associated with the Stealth Falcon state-sponsored cyber espionage group that abuses a built-in component of the Microsoft Windows operating system to stealthily exfiltrate stolen data to attacker-controlled server. Active since 2012, Stealth Falcon is a sophisticated hacking group known for targeting journalists, activists, and dissidents with spyware…

Facebook Patches “Memory Disclosure Using JPEG Images” Flaws in HHVM Servers

Facebook has patched two high-severity vulnerabilities in its server application that could have allowed remote attackers to unauthorisedly obtain sensitive information or cause a denial of service just by uploading a maliciously constructed JPEG image file. The vulnerabilities reside in HHVM (HipHop Virtual Machine)—a high-performance, open source virtual machine developed by Facebook for executing programs…