Security Strategy, Plan, Budget

As funding divvied to cyber startups continues to explode, founders face a new dilemma: When and from whom do they accept the millions of dollars?

CyberScoop reports that two members of the European-based crime group QQAAZZ have pleaded guilty to engaging in cybercrime cash and cryptocurrency laundering.

More than 10,000 victims across 144 countries have been impacted by the novel Android trojan dubbed "FlyTrap," which has been distributed via "social media hijacking, third-party app stores, and sideloaded applications" since March, ZDNet reports.

TechRepublic reports that ransomware groups have been demanding record high ransoms, while victims have been providing higher than ever payments.

Jen Easterly reintroduced herself to the cybersecurity community as the newly minted head of CISA.