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Ex-CEO of NSO Group Raises $33.6 Million for Israeli Cyber Startup

By Kim S. Nash

 

Hello. Amid the Israel-Hamas war, Shalev Hulio, former chief executive of spyware maker NSO Group, has raised $33.6 million in a second round of funding for his startup, Dream Security.

The investment deal, which values Tel Aviv-based Dream Security at $200 million, was signed near the Gaza border where Hamas attackers invaded Israel in October.

Read the exclusive story from WSJ Pro's Yuliya Chernova.

Also today: 

  • HR servers hacked at nuclear researcher Idaho National Lab
  • Optus CEO resigns after security failings
  • Cyberattack at Israeli tech provider Signature-IT disrupts customers
 
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More Cyber News

PHOTO: HO NEW/REUTERS

Hackers claim to steal data from Idaho National Laboratory. The SiegedSec group said in an online post that it has stolen personal and financial data about employees of the nuclear research facility. A spokeswoman for the lab confirmed a cybersecurity breach of a system that supports its human-resources applications. SiegedSec recently claimed to have hit NATO systems. (CyberScoop)

Two contractors that provide employee relocation services to the Canadian government were hacked, exposing data about government workers, including the Royal Canadian Mounted Police and members of the military, dating to 1999. The Lockbit ransomware group has claimed responsibility. (Bleeping Computer)

Israeli tech provider targeted. A cyberattack at Signature-IT, which provides web hosting and other services to companies and government bodies, has disrupted operations at about 40 organizations, Israel's National Cyber Directorate said. Among those affected were Israeli retailers Home Center and office supplies company Kravitz. (Calcalist)

More than 1.6 million patients of Stanford Health Care group had their medical and personal information compromised when a business partner was caught up in the MoveIt attack. Welltok, a Denver company that communicates with Stanford patients on behalf of the medical group, said its MoveIt file-transfer system was apparently hacked before the company applied recommended patches. 

  • Progress Software disclosed a vulnerability in its MoveIt software in May and issued a patch soon after. Read more here: Victims of Cyberattack on File-Transfer Tool Pile Up
 

Aftermath

PHOTO: LUKAS COCH/SHUTTERSTOCK

Optus CEO is out after security problem triggered massive telecom outage. Kelly Bayer Rosmarin resigned as chief executive of Australian telecom giant Optus, parent company Singapore Telecommunications said Monday. A problem in Optus security systems caused a 12-hour telecommunications outage this month that affected nearly half of Australia, Singtel said. (Reuters)

  • Optus is still dealing with lawsuits and other consequences of a cyberattack last year that exposed the data of nearly 10 million people. A judge ruled this month that Optus can't keep confidential a report into the attack. 
  • CFO Michael Venter was named interim CEO. Rosmarin was appointed as Optus CEO in 2020. 
 
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About Us

The WSJ Pro Cybersecurity team is Deputy Editor Kim S. Nash (on X @knash99), reporter James Rundle and reporter Catherine Stupp (@catstupp). Follow us on X @WSJCyber. Reach the team by replying to any newsletter you receive or by emailing Kim at kim.nash@wsj.com.

 
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