Is the threat of war driving up CyberTech investment?
Prior to the onset of the Russia-Ukraine war, the CyberTech industry was experiencing a steady uptick of investment. Since then, has the ongoing anxieties around security led to greater investment in cyber?
Ransomware attacks costs US financial institutions over $1bn in 2021
A report by the US Treasury has found US financial institutions experienced nearly $1.2bn in costs associated with ransomware attacks in 2021.
Darwinium scores $10m in seed funding haul
Darwinium, a US-based startup specialising in customer protection, has netted $10m in a seed funding round led by Airtree and Blackbird.
Canadian cyber InsurTech BOXX Insurance buys Templarbit
Canadian cyber insurance company BOXX Insurance has acquired cyber threat intelligence platform Templarbit for an undisclosed amount.
App security firm Apiiro nets $100m Series B
Apiiro, a cloud-native application security provider, has landed $100m in a Series B funding round headed by General Catalyst.
Monitoring and security firm Datadog buys Cloudcraft
Cloud applications monitoring and security platform Datadog has acquired Cloudcraft, a visualisation service for cloud and system architects, for an undisclosed amount.
Following the close...
Secure-IC snaps up Silex Insight’s security unit
Secure-IC, a provider of end-to-end cybersecurity solutions for embedded systems, has acquired Silex Insight’s security business.
Sigma Ratings launches ongoing KYB and KYC tool
Sigma Ratings, a developer of automated relationship risk management, has released its ongoing KYB and KYC monitoring solution.
MDR platform Binary Defense Systems gets first funding
Binary Defense Systems, a managed detection and response (MDR) and enterprise defence provider, has raised $36m for its first institutional growth equity funding round.
White House unveils 100-day cyber sprint for chemical industry
The chemical sector is set to take up the 100-day cyber sprint proposed by President Biden to sharpen the industry’s focus on the topic.
