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Daily Crunch: India’s Central Bank says cryptocurrency ‘may even be worse’ than Ponzi schemes

TechCrunch

It is an interesting argument against Windows and the larger Web (we kid), but does raise notable points regarding mobile security and consumer expectations. TechCrunch also notes that the company is rolling out a Facebook News product in the French market, so we could see a divergence between feed and news at the company.

Banking 213
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Daily Crunch: Thousands of Google Play users download Android banking trojan

TechCrunch

Per our reporting, Lido “is the market leader for Ethereum liquid staking” and just raised $70 million from a16z. is also in the market, and DeepGram fits in somewhere as well. Image Credits: sergeyskleznev (opens in a new window). Regardless, it’s out in the market racking up downloads, which is pretty bad.

Banking 224
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Daily Crunch: After clinching $12.3B valuation, Brex hires Meta exec as chief product officer

TechCrunch

Today we have new venture funds, spyware news, Brex raising (again), and more. Cybersecurity matters to democracy : Spyware built by the infamous NSO Group was “used to spy on three critics of the Polish government,” according to Citizen Lab, TechCrunch reports. (For Hello and welcome to Daily Crunch for January 11, 2022! Startups/VC.

UI/UX 236
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Daily Crunch: Byju’s founder chips in toward $800M funding round to reach $22B valuation

TechCrunch

EU to investigate state use of spyware : The Pegasus mobile spyware is causing headaches in Europe for more than just the folks who found themselves targets of the software. Image Credits: Luca Lorenzelli/EyeEm (opens in a new window) / Getty Images. But, hey, you don’t reach a trillion-dollar market cap by being nice, right?

Spyware 181
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Hidden inside Dark Caracal’s espionage apps: Old tech

The Parallax

Dark Caracal’s custom-developed mobile spyware, which the report’s authors call Pallas, is the first documented global advanced persistent threat , or APT, on a mobile device. FinFisher, also known as FinSpy, was developed by a European surveillance company and marketed to governments and law enforcement agencies.

Malware 170
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Cybersecurity Snapshot: Tips for cloud configs, MSP vetting, CISO board presentations

Tenable

Analyzed and prioritized , by including lists of top risks, or of risks by market or product areas . CoinMiner, a cryptocurrency miner that spreads using Windows Management Instrumentation (WMI) and EternalBlue. TeamSpy, spyware that uses remote access tool TeamViewer and malware to steal information.

Cloud 52
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Daily Crunch: How to remove common consumer-grade spyware from your Android phone

TechCrunch

In better news, Greylock’s Glen Evans is coming to Early Stage to chat about hiring in today’s insanely competitive talent market. And the value of these unexited, pricey private-market companies is growing at a pace of about a trillion dollars per year. Image Credits: OsakaWayne Studios (opens in a new window) / Getty Images.

Spyware 224