Tag Archive for: Liberty

Cyberpunk 2077 Phantom Liberty Coming Out on September 26

/in


The world of Cyberpunk 2077 is set to expand dramatically with the introduction of a new expansion, Phantom Liberty, announced to launch on September 26th on Xbox Series X|S. This expansion will invite players back into the heart of the dystopian megapolis Night City, offering an intriguing twist on the familiar setting.

Phantom Liberty features the return of the cyber-enhanced mercenary, V, tasked with a high-stakes mission unlike any seen before saving the NUSA President. The narrative thrusts players into a whirlwind of espionage and intrigue that requires more than firepower to navigate successfully.

This new expansion takes place in the dangerous district of Dogtown, a previously unexplored area in the expansive cityscape. Here, players must forge new alliances and make difficult decisions to survive. It’s a web of shattered loyalties, sinister political machinations, and sharp-edged tension – the classic ingredients of a potent spy thriller.

Given the reputation of Cyberpunk 2077, we expect an immersive experience, blending the high-intensity combat that players have come to expect with a more strategic, shadowy side of Night City. The expansion promises a unique combination of stealth, strategy, and digital warfare and the moral ambiguity inherent in any espionage operation.

Source…

Mobile security startup Zimperium acquired by Liberty Strategic Capital for $525M

/in


Mobile cybersecurity provider Zimperium Inc. today announced that it has agreed to be acquired by Liberty Strategic Capital in a transaction worth about $525 million.

Former U.S. Treasury Secretary Steven Mnuchin, the founder and managing partner of Liberty Strategic Capital, will become the chair of Zimperium’s board. Existing investor SoftBank Group Corp. is set to retain its stake in the startup following the acquisition.

Founded in 2010, Zimperium provides cybersecurity software that helps companies protect workers’ handsets from hacking attempts. The startup also offers a suite of tools that developers can use to build more secure mobile apps.

Zimperium’s software product for protecting employee devices is known as zIPS. It runs directly on workers’ handsets and uses machine learning to detect cybersecurity issues. Zimperium says zIPS can detect malware and other threats, as well as vulnerabilities such as insecure device settings that could lead to a data breach if left unaddressed.

Zimperium’s second offering is a suite of mobile development tools called MAPS. One of the tools in the suite enables developers to scan the code of their mobile apps for vulnerabilities regulatory compliance issues. Another component of MAPS can be used to equip apps with the ability to detect hacking attempts. 

The MAPS suite also includes tools for more specialized tasks, such as preventing hackers from extracting encryption keys. Accessing an app’s encryption key can allow hackers to decrypt and read user data. According to Zimperium, MAPS prevents breaches by turning the part of an app’s code that is responsible for protecting data into a form that can’t be reverse engineered by hackers. 

“There’s no question that the world is going mobile,” said Zimperium Chief Executive Officer Shridhar Mittal. “And as that happens, modern operating systems like Android and iOS are playing a more prominent role powering the devices people use in their personal and professional lives. But what many people don’t realize is that protecting these devices is much different from protecting traditional endpoints and requires a new approach.”

Zimperium has more than 7,000…

Source…

Liberty Strategic Capital nabs majority stake in mobile security startup Zimperium for $525M – TechCrunch

/in


Liberty Strategic Capital, the private equity firm launched last year by former treasury secretary Steven T. Mnuchin, announced today that it is acquiring a majority stake in mobile security startup Zimperium for $525 million.

With Zimperium, the firm takes a dive into mobile security, which Mnuchin sees at the front line of cyber security today. As he points out with employees using their own devices for years now, companies need to have a way to secure them, even when they don’t control the device directly.

“We all need to increase our focus on the protection of mobile devices and applications. Liberty Strategic Capital is investing in Zimperium because they’ve shown that they can lead the way in this multibillion-dollar market,” he said in a statement announcing the deal.

The company covers three parts of the mobile market looking at device security, mobile applications security and mobile threat intelligence. In fact, last year the company discovered spyware called PhoneSpy in 23 Android apps designed to steal data. As TechCrunch’s Carly Page explained at the time of the news:

Researchers at mobile security firm Zimperium, which discovered PhoneSpy inside 23 apps, say the spyware can also access a victims’ camera to take pictures and record video in real time, and warned that this could be used for personal and corporate blackmail and espionage. It does this without a victim knowing, and Zimperium notes that unless someone is watching their web traffic, it would be difficult to detect.

The company didn’t share specific revenue figures, but reported that annual recurring revenue (ARR) grew 53%. Company CEO Shridhar Mittal is hoping that the investment will continue to drive that growth.

“We’ve helped leading public and private organizations across the globe strengthen mobile security, and as we enter a high growth phase to help even more organizations, Secretary Mnuchin and the team at Liberty Strategic Capital will be a tremendous asset to guide and propel our company forward,” Mittal said in a statement.

Under the terms of the deal, Softbank will own a minority stake in the company, Mnunchin will lead the company’s board of…

Source…

Cyber Security Academy boots up at Liberty High School – Fauquier Times

/in

Cyber Security Academy boots up at Liberty High School  Fauquier Times

Applications are now being accepted from eighth-graders in the southern part of the county for Liberty High School’s Cyber Security Academy; the four-year …

“computer security news” – read more