This latest round takes the total funding Picus has received to $33 million. The company plans to use the funds to help accelerate its expansion in EMEA and APAC countries.

The attacker uses Python to automatically exploit the vulnerability to upload webshell, record webshell paths, and further install malicious codes for DDoS attacks and mining on the basis of webshell.

Alibaba Cloud security experts have found that the botnet exploits the Java Debug RCE by downloading mining binary files from malicious download source files to achieve mining.

The St. Petersburg-based security startup Code-X closed a $5 million Series A round, led by Virginia-based By Light Professional IT Services LLC with participation from Boca Raton-based fama Ventures.