Tenable set to acquire security firm Accurics for $160m
Cyber exposure firm Tenable is planning to purchase cloud-native security company Accurics for a total fee of $160m.
57% of big corporates experienced significant impact from illicit activity in 2020
Big corporates around the world are still impacted by heavy illicit activity, with over half of respondents in a new survey stating a significant impact during 2020.
Evolon Technology reels in $16m from Series A round
Security company Evolon Technology has secured $16m from a Series A funding round to help it further accelerate growth.
European regulators highlight vulnerabilities to FIs
The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) have issued a joint statement on the increasing vulnerabilities in the financial sector.
The UK’s FCA drafts new power to help remove outdated permissions
The UK’s Financial Conduct Authority (FCA) has issued a draft for a new power that would help it accelerate the process of removing regulatory permissions no longer used by financial services firms.
Intel 471 receives strategic investment from private equity firm
Cyber threat intelligence platform Intel 471 has scored a strategic investment from private equity firm Thoma Bravo.
ADVANCE.AI seeking $200m to put it in the unicorn club
Singapore-based ADVANCE.AI, which develops digital identity verification tools, is reportedly looking to raise $200m in funding.
Cybersecurity giant Snyk more than triples valuation as it edges closer to decacorn status
Cybersecurity giant Snyk has increased its valuation by nearly $4bn in a matter of months, following the close of a $530m Series F.
Striking a balance between compliance and customer experience during client onboarding
The onboarding process requires financial institutions comply with increasing global and regionally specific regulations while also delivering an enhanced customer experience. As a result, they must embrace modern technologies to streamline the KYC process and stay competitive.
Cybersecurity firm TrueFort reels in $30m to grow its application protection platform
Zero trust application protection company TrueFort closed a $30m Series B round of financing led by Shasta Ventures with the participation of Canaan, Evolution Equity Partners, Lytical Ventures and Emerald Development Managers.
