This VC Firm Just Raised More Than $1 Billion To Invest in Moonshots: Term Sheet

We’ve got a Term Sheet exclusive this morning. Lux Capital, a New York-based venture capital firm, has raised more than $1 billion across two new funds to back companies on “the cutting edge of science.” The firm raised $500 million for its sixth flagship early-stage fund and another $550 million for an opportunity fund focused on growth-stage investments. Limited partners include global foundations, university endowments, and tech billionaires. Lux also announced a new hire: Deena Shakir, formerly of GV (Google Ventures), has joined as an investment partner.
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Microsoft’s Kelley: Six principles that influence people to say yes can be leveraged to thwart social engineering
As Malcolm Harkins, chief security and trust officer at Cymatic, says, people are the perimeter. Managers, developers and business leaders so far have not adequately protected the perimeters that are left, Harkins says, noting that hygiene – device, data and credential – has lagged usage models.
Fortress Cyber Security Awards Honors 41 Global Innovators and Products
The Business Intelligence Group today announced the winners of the 2020 Fortress Cyber Security Awards. The business award program sought to identify and reward the world’s leading companies and products that are working to keep our data and electronic assets safe among a growing threat from hackers.
Email Critical Enterprise Risk, as Impersonation Attacks Increase
Mimecast’s latest State of Email Security report shows a rapid increase in phishing, ransomware, and impersonation attacks, with a need for organizations to bolster cyber resilience programs.
Cymatic Provides Seamless Web App Protection Free Through September
Discover the ways Cymatic helps companies keep web applications safe from cyber threats during the COVID-19 pandemic.
Rethinking cyber risk
Everyone agrees that risk is essential. They just have different versions of what risk is, Evan Schuman reports.
Cyber Resilience Think Tank “Transforming the SOC”
AWhen you think of a security operations center (SOC), whatcomes to mind? Is it an organized team of security analysts andengineers who detect, analyze, and respond to incidents, alwaysworking in lockstep with business managers to execute on thesecurity strategy?