#cybersecurity
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Torq Secures $70M for AI-Driven Cybersecurity
Cybersecurity company Torq, which leverages artificial intelligence to automate repetitive and labor-intensive tasks, raised $70 million in new funding round. According to CEO Ofer Smadari, the company’s annual revenue has surpassed $24 million, with major clients including Procter & Gamble and PepsiCo. 
U.S. Navy Seeks Partners to Trial Its Blockchain Technology
The U.S. Navy is actively seeking a corporate partner to test its proprietary PARANOID blockchain. This innovative system is designed to significantly improve cybersecurity measures for military software throughout its lifecycle—from development to deployment. 
What Is zkPass? A Solution for Web Privacy
Online data privacy is getting more critical with identity theft and deep fake risks. Here’s a case: a user completed verification on a platform, providing personal information. Later, the platform gets hacked and all that data gets in the hacker’s hands. To avoid this, zkPass offers privacy-preserving data verification based on blockchain. Microsoft to Upgrade Its Security Systems
Microsoft is set to upgrade all of its security systems. The initiative includes accelerating response times to security breaches, enhancing personal data protection, and automating two-factor authentication processes. These upgrades were prompted by a detailed and critical report from the U.S. Cybersecurity Board. 
ESMA Pushes for Mandatory Cybersec Audits in Crypto Companies
ESMA, the European Securities and Markets Authority, recommends that crypto companies perform regular cybersecurity audits. The regulator is urging EU lawmakers in Brussels to modify the regulatory documents for the sector to secure consumer funds more effectively.
Crypto Developers Slam CertiK's Agressive Marketing Approach
Mikko Ohtamaa, a developer of the algorithmic trading protocol TradingStrategy․ai, has voiced concerns about the auditing company CertiK. According to Ohtamaa, CertiK independently adds projects to its Skynet rating list, which assesses cybersecurity, decentralization levels, and more. Hacker's Generous Heist: $2 Million in SOL Stolen and Gifted
Pump.fun, a platform specializing in launching and promoting memes, lost nearly $2 million in SOL. The hacker turned out to be a modern-day Robin Hood: he didn’t just steal the funds; he randomly distributed them to meme coin holders on Solana. 
Polygon Labs Proposes DeFi as Critical U.S. Infrastructure
The legal team at Polygon Labs is advocating for DeFi to be classified as critical infrastructure in the United States, warranting oversight by the Department of the Treasury's Office of Cybersecurity and Critical Infrastructure Protection (OCCIP). The Distinctive Features of the SafePal Wallet
SafePal, renowned for its five-plus years in cybersecurity solutions, has introduced the SafePal S1 hardware wallet. This device is notable for its compatibility with all major blockchain networks and its capacity to support an unlimited array of tokens. What are its key features?