cyber security

Orca Security Ltd., an Israeli-based cloud security startup with U.S. headquarters in Los Angeles, has closed a $210 million Series C round and has plans to expand locally as it takes on competitors.

"This cash infusion makes Orca one of the world's fastest cybersecurity companies to reach unicorn status," said Shua, referring to privately held startups valued at over $1 billion. He said Orca plans to become a publicly traded company at some point. "We are not looking to get acquired."

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Three North Korean hackers allegedly tied to the infamous 2014 attack on Sony Pictures Entertainment have been indicted for a wide range of cybercrimes, including an attempt to steal and extort over $1.3 billion in fiat and cryptocurrency.

The U.S. Department of Justice filed the indictment to a Los Angeles federal court in December but it wasn't unsealed until Wednesday. It accuses Jon Chang Hyok, 31, Kim Il, 27 and Park Jin Hyok, 36, of being members of a North Korean military agency that engaged in criminal hacking, including the 2014 cyberattack on Sony in retaliation for the studio's depiction of a fictional assassination of the North Korean leader in "The Interview."

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Los Angeles is home to the nation's busiest port, moving $276 billion worth of goods last year. It's a big target for hackers as shippers increasingly rely on automated systems.

Every month there's about 40 million attempted cyber security breaches, port officials said. That includes everything from spam to malware fishing to more serious incidents that could halt shipments for much of the West Coast.

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