Maryland innovation fund backs 12 startups
TEDCO, Maryland’s economic engine for technology companies, has invested into 12 startup companies and funded 36 university projects via its Maryland Innovation Initiative (MII).
Cyber firm Shield-IoT secures $7.4m from led Series A
Mass-scale IoT and IIoT network cybersecurity firm Shield-IoT has raised $7.4m from a Series A financing raise.
Pin numbers to be a thing of the past, Valuates reports
Market research company Valuates has predicted that the face and biometrics market will grow at a CAGR of 10.5%, to reach $10.76bn by 2027.
Currently...
US banks required to report major cyber cases in 36 hours under new law
A new US law set to be introduced in May next year will require banks to report major cybersecurity incidents to federal officials within 36 hours.
Lacework closes security industry’s largest funding round ever
Data-driven security platform Lacework has been valued at $8.3bn, after the close of a $1.3bn funding round, which it claims is the largest in security industry history.
Criminals are exploiting DeFi tech in its infancy, Elliptic cautions
Losses from fraud and theft involving DeFi have increased 600% since 2020, reaching $10.5bn in 2021, according to a report released by London-based blockchain...
Laminar emerges from stealth to pick up $32m Series A
Cloud data protection provider Laminar has secured $32m from a Series A funding round headed by Insight Partners.
Holiday season is cybercrime season, Arkose Labs warns
Recent data from Arkose Labs, the fraud deterrence platform, predicts a 60% increase in online fraud attempts over the upcoming 2021 holiday shopping season.
The...
Ransomware the most significant cyber threat facing the UK, report finds
The UK’s National Cyber Security Centre (NCSC) claims it has fought off a record number of digital intrusions this year driven by a surge in ransomware.
Cyber firm SnapAttack snares $8m to speed up platform development
Cybersecurity company SnapAttack has secured $8m from a financing round led by Volition Capital.
