Tag Archive for: Labs

Bloom Labs Launches Bloom 1.0

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The Web3 wallet startup Bloom Labs unveiled Bloom, a safe haven for exchanging tokens and NFTs, finding fresh dApps, and maximising defi investments. Bloom’s website is now offering downloads for Mac, Windows, and Linux.

TakeAway Points:

  • Bloom Labs launched Bloom, a secure wallet hub for trading tokens and NFTs, discovering new dApps, and optimising defi investments.
  • Bloom aims to enhance the usability and safety of Web3 interactions.
  • Bloom is working with IDNow, walt.id, Spyce5, and the IOTA Foundation to provide reusable KYC that complies with EU regulations and reduces the complications caused by the upcoming EU MiCA rule.

Bloom Labs unveils Bloom

Bloom is an online and native wallet architecture that is intended for the future generation of cryptocurrency users. It improves usability and security in Web3 interactions by replacing bulky browser plugins. Bloom worked with Auditone to finish a security audit in advance of the launch.

With renewed public interest in cryptocurrency following Bitcoin’s ETF listing, there is a growing need for seamless Web3 onboarding flows. Bloom has partnered with Transak to allow users to purchase cryptocurrency in 170 countries.

Developed by IOTA Foundation alumni, Bloom launches with support for IOTA, EVM, and Shimmer, and is compatible with Ledger Nano hardware wallets. Bloom enables token, NFT, and data transfers between Layer 2 chains without bridges, showcasing IOTA EVM’s powerful cross-chain architecture.

Backed with investment from Outlier Ventures, Plassa Capital, CoinTelegraph, Heartfelt Capital (formerly APX), and a suite of business angels, Bloom has already welcomed over 5,000 users since releasing Early Access in late November and has received resoundingly positive feedback.

Bloom is collaborating with IOTA Foundation, IDNow, walt.id, and Spyce5 in a consortium to build EU-compliant reusable KYC and ease the friction from the forthcoming EU MiCA…

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FortiGuard Labs Reports Destructive Wiper Malware Increases Over 50%

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FortiGuard Labs Reports Destructive Wiper Malware Increases Over 50%
FortiGuard Labs Reports Destructive Wiper Malware Increases Over 50%

Adversarial Supply Chains Strengthen in Complexity and Sophistication to Counter Evolving Defenses

Bangalore, India, – February 27, 2023: Vishak Raman, Vice President of Sales, India, SAARC & Southeast Asia at Fortinet: “For cyber adversaries, maintaining access and evading detection is no small feat as cyber defenses continue to advance to protect organizations today. To counter, adversaries are augmenting with more reconnaissance techniques and deploying more sophisticated attack alternatives to enable their destructive attempts with APT-like threat methods such as wiper malware or other advanced payloads. To protect against these advanced persistent cybercrime tactics, organizations need to focus on enabling machine learning–driven coordinated and actionable threat intelligence in real time across all security devices to detect suspicious actions and initiate coordinated mitigation across the extended attack surface.”

News Summary:

Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the latest semiannual Global Threat Landscape Report from FortiGuard Labs. The threat landscape and organizations’ attack surface are constantly transforming, and cybercriminals’ ability to design and adapt their techniques to suit this evolving environment continues to pose significant risk to businesses of all sizes, regardless of industry or geography. For a detailed view of the report, as well as some important takeaways, read the blog.

Highlights of the 2H 2022 report follow:

  • The mass distribution of wiper malware continues to showcase the destructive evolution of cyberattacks.
  • New intelligence allows CISOs to prioritize risk mitigation efforts and minimize the active attack surface with the expansion of the “Red Zone” approach.
  • Ransomware threats remain at peak levels with no evidence of slowing down globally with new variants enabled by Ransomware-as-a-Service (RaaS).
  • The most prevalent malware was more than a year old and had gone through a large amount of speciation, highlighting the efficacy and economics…

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Sequitur Labs and Lenovo join forces to secure AI models at the edge

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Sequitur Labs announced that it has been selected by Lenovo as the technology vendor of choice for protecting edge AI computing applications utilized as part of the Lenovo ThinkEdge SE70 platform.

Sequitur Labs Lenovo

ThinkEdge SE70 is a powerful and flexible AI edge platform for enterprise designed to meet the expanding intelligent transformation needs from logistics, transportation and smart cities to retail, healthcare and manufacturing. The new edge solution from Lenovo is powered by the NVIDIA Jetson Xavier NX system on module. Implementing Sequitur as the security suite better ensures that Lenovo’s SE70 isolates dedicated hardware running AI models and delivering inferences and relevant data — thereby helping to secure AI models at the edge.

“Internet of Things (IoT) deployment is a tremendous market opportunity for both solution providers and enterprises based on the ability of AI solutions at the edge to make decisions to optimize operations and support new strategies,” said Blake Kerrigan, General Manager of ThinkEdge, Lenovo Intelligent Devices Group. “Although these devices offer significant upside, there remains an equally great need to better secure and protect the devices and IP in deployment. That’s why we are committed to work with Sequitur Labs to develop our first appliance designed to better protect AI models at the edge.”

Sequitur Labs’ EmSPARK Security Suite was designed to address solutions in industries where embedded security is paramount, in particular, protection of AI models at the edge. Supporting security functions for encryption, storage, data transmission and key/certificate management are delivered by EmSPARK and housed in a microprocessor’s secure memory partition. IoT hardware manufacturers use EmSPARK to easily implement device-level security by addressing technical, IP, supply chain and business process challenges.

Developers can easily build applications that use security enhanced resources without having to become experts in cryptography and complex chip-level security technologies. Overall, the solution reduces security development and deployment time and investment by 40 to 70 percent, significantly reduces risk, and reduces BOM…

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Minerva Labs Wins 2021 CyberSecured Awards for Remote Work | Your Money

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PETAH TIKVA, Israel–(BUSINESS WIRE)–Dec 28, 2021–

Minerva Labs, a leading provider of pre-execution, active threat prevention platform, announced today that it has won the 2021 CyberSecured Awards in the Remote Work category. Launched in 2020 by 1105 Media’s Security Today brand, The CyberSecured Awards honor the outstanding product development achievements of manufacturers and suppliers whose products or services are considered particularly noteworthy in the transformation of cybersecurity.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211228005034/en/

CyberSecured Awards 2021 (Graphic: Business Wire)

“The pandemic has spurred exponential growth in the Remote Work sector, creating more avenues for ransomware attacks and other cyber threats,” said Eddy Bobritsky, CEO of Minerva Labs. “We’re honored to be recognized for helping companies overcome challenges that are associated with Remote Work, given the solution’s rapid deployment, ease of use and non-requirement for extra staff or training.”

In the second year of this independently judged contest, winners will receive awards for their recognized products. They will also be featured on the security industry leading website, securitytoday.com, and will be recognized in CyberSecured e-news.

“As we near the end of 2021, it is always a pleasure to evaluate the IT security solutions entered in our product awards contest. As expected, companies like Minerva Labs this year take security to the next level,” said Ralph C. Jensen, editor in chief of Security Today magazine, and CyberSecured eNews. “The IT security products we see today are the guardians of digital networks. I am amazed at the brilliance, integrity and thoughtfulness each solution brings to the end user. With so many networking issues announced every day, the demand for robust security is absolutely paramount.”

Minerva Labs enterprise grade endpoint protection solution protects both managed (corporate) and unmanaged (BYOD) devices without compromising a user’s privacy.

For more information on how Minerva Labs protects against breaches, go to

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