BAE survey details steep hike in cybercrime during pandemic
A BAE Systems survey has found nearly three-quarters of financial organisations have experienced a rise in cybercrime since the beginning of the Covid-19 pandemic.
Secret management platform Akeyless scores $14m Series A
Akeyless, which stylises itself as the secrets management company, has collected $14m in its Series A funding round.
Sysdig becomes latest cybersecurity unicorn after closing its Series F
Cybersecurity platform Sysdig has reached unicorn status, after its $118m Series F round puts its valuation at $1.19bn.
Cybersecurity startup StrikeReady nets $3.6m in its seed round
Cloud-based security operations and management company StrikeReady has scored $3.6m in its seed round, which was led by 11.2 Capital.
Automox scores $110m in its Series C round
Cloud-native endpoint management platform Automox has scored $110m in its Series C round, as it looks to bolster its development.
Ecommerce fraud losses of $20bn expected in 2021, China to be key fraud market
A new study by Juniper Research has highlighted it expects over $20bn in ecommerce losses this year due to online payment fraud – a rise of 18% compared to 2020.
President Biden rolls out 100-day plan to bolster US grid cybersecurity
US President Joe Biden has announced a 100-day plan focused on rapidly strengthening US power grid cybersecurity.
ALT/AVE scores £535,000 to combat paper waste in banking
London-based ALT/AVE has received a £535,000 capital injection, which was comprised of a grand and pre-seed funding.
SailPoint joins UK investment body to bolster fight against cyber crime
Identity security firm SailPoint has become a member of The Investment Association – a trade organisation that represents UK investment managers and asset management firms.
Bank of England warns of potential risks of cloud data providers
Bank of England (BoE) may tighten controls over cloud data providers and other tech companies to counter potential risks to financial system stability resulting from the rise of FinTech, Deputy Governor Dave Ramsden said.
