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Cybersecurity/Information Security

Stairwell to launch new threat hunting tool after Series A close

CyberTech company Stairwell is reportedly launching a new threat hunting platform, following the close of its Series A round.

Saviynt seeks bolstered R&D footprint following $130m investment

US identity solutions provider Saviynt has secured $130m in investment from PNC Bank and HPS Investment Partners.

Tessian among the 15 companies in Tech Nation’s new growth programme

UK accelerator Tech Nation has named several FinTech companies in its latest Future Fifty programme, which helps late-stage digital businesses foster growth.

US set to sanction crypto wallets and exchanges in ransomware crackdown

The Biden Administration is expected to begin issuing sanctions against crypto exchanges, wallets and traders used by ransomware groups to crackdown on cyberattacks.

Zūm Rails unveils new anti-fraud tools to strengthen payment security

Open banking firm Zūm Rails has introduced a new set of anti-fraud tools to bolster the security of its Instant Deposit feature on its platform.

Digital currency compliance platform Coinfirm hits Series A close on $8m

Coinfirm, an AML compliance solution for digital currencies and blockchain-based financial ecosystems, has closed its Series A funding round on $8m.

Kolide raises $17m in round led by OpenView Partners

Endpoint security platform Kolide has picked up $17m in its Series B funding round, which was led by Boston-based venture firm OpenView Partners.

South Africa’s Justice Department suffers significant ransomware hack

The global spread of ransomware attacks has continued after South Africa’s Justice Department saw its network encrypted.

Envelop Risk concludes SoftBank-led Series B with $130m

Cyber and speciality (re)insurance firm Envelop Risk has secured $130m from a Series B funding round led by SoftBank Vision Fund 2.

Israel-based CyberTech Cynamics nets $7m in funding

Israel-based Cynamics, which has created an AI-powered network detection and response service, secured $7m in fresh funding.

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