US regulator suggests $1m fine for Colonial Pipeline due to cyber failures
The US Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) has called on the Colonial Pipeline to receive a $1m fine.
CyberTech Material Security lands $100m to hit billion-dollar valuation
Material Security, a CyberTech that helps companies protect their emails, has scored $100m in new Series C funding.
VC firm YL Ventures closes $400m cyber investment fund
YL Ventures, a venture capital company that focuses on early-stage CyberTechs, has concluded a $400m fund aimed at support growing cyber firms.
Email security unicorn Abnormal hits $4bn valuation
Email security company Abnormal Security has reached a $4bn valuation in just four years, following the close of its $210m Series C round.
Cyber risk management solution dev KYND launches Ready for Brokers service
KYND, a cyber risk management solution developer, has released its industry-first KYND Ready for Brokers service.
US offers $15m bounty to track down Conti ransomware group leaders
The US government has revealed it is willing to put a total of $15m to track down the leaders of the Conti ransomware gang.
Email compromise scams found to cause $43bn in losses globally
The FBI has claimed that losses from business email compromise and email account compromise have surpassed $43bn worldwide.
Majesco and CyberCube respond to growing cyber insurance demand
Majesco, a provider of cloud insurance software solutions for insurance business transformation, has partnered with CyberCube to support growing demand for cyber insurance products.
SEC to expand crypto, cyber enforcement unit with new appointments
The Securities and Exchange Commission has allocated 20 new positions to the unit focused on protecting investors in crypto markets and from cyber-related threats.
AutoRABIT scores $26m Series B
AutoRABIT, a salesforce DevSecOps company, has raised $26m in a Series B funding round led by Full In Partners.
