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Deal Updates

Serbia-based Trickest closes seed round to spur hiring drive

Serbia-based cybersecurity platform Trickest has reportedly raised €1.4m in its seed round, which will accelerate its recruitment efforts.

CBIRC demands insurance company self-checks in management crackdown

The China Banking and Insurance Regulatory Commission (CBIRC) has called on online insurance firms to conduct self-assessments to identify violations and make corrections.

SEBI looks to ease regulatory compliance burden with debt securities merger

The Securities and Exchange Board of India (SEBI) has merged its rules for debt securities into a single regulation to ease the regulatory compliance burden on organisations.

Chinese spies posed as Iranians to breach Israeli networks, cyber firm FireEye claims

Security company FireEye has claimed that Chinese spies pretended to be Iranian hackers for two years to break into Israeli government and telecommunication networks.

People.ai joins the unicorn club after Series D close

Revenue operations and intelligence platform People.ai has hit a $1.1bn valuation after it closed a $100m Series D funding round.

Accenture hit by ransomware attack by LockBit 2.0 group

IT consultancy giant Accenture has suffered a ransomware hack at the hands of ransomware group LockBit 2.0.

US making cybersecurity progress but work still needed, congressional report details

A report by the US Cyberspace Solarium Commission has found the US has made significant progress in shoring its cyber defences but that its work is not over yet.

Retail firms popular target for ransomware and data-theft, survey finds

A survey by cybersecurity company Sophos has found that retail organisations have become a popular target for ransomware and data stealing during the pandemic.

Cybavo looks to speed up global expansion with $4m pre-Series A raise

Singapore-based blockchain security solution provider Cybavo has bagged $4m in pre-Series A funding.

FCA receives over 2,700 financial misconduct complaints over 2020/21

The Financial Conduct Authority (FCA) has revealed it received a total of 2,754 allegations of financial misconduct over the 2020/21 financial year.

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