British Telecom leads $33m investment in Indian cybersecurity startup Safe Security
Cybersecurity startup Safe Security (earlier Lucideus) raised $33m in a funding round led by London-based British Telecom (BT), bringing the total amount raised to $49.2m.
Its existing investors, including former Chairman and CEO...
Decentralised ID authentication platform Magic lands $27m for its ‘plug and play’ passwordless tech
Magic Labs (formerly Fortmatic), a decentralised identity startup that provides passwordless login solutions, has raised $27m in a Series A funding round.
Chinese hackers breached US pipelines between 2011 and 2013, joint advisory reveals
An advisory by the FBI and the Cybersecurity and Infrastructure Security Agency (CISA) has revealed Chinese state-backed hackers breached 13 US pipelines between 2011 and 2013.
FBI warns of potential cyberthreats to 2020 Olympic Games
The FBI has warned of potential cyber threat actors targeted the upcoming Olympic Games in Tokyo this summer.
Why Revolut and the CyberTech industry stand out from the 42 funding rounds raised...
FinTech companies continue to rake in millions of dollars with a slew of startups graduating to the unicorn club. The 42 ventures in the...
InsurTech BackNine exposes sensitive information of thousands of insurance applications after security breach
InsurTech BackNine exposed hundreds of thousands of insurance applications that included sensitive information after its cloud server was left unprotected on the internet.
Compliance versus risk: Why choosing the right approach is so important
As risks of data breaches, plus fines for non-compliance rise, organisations understand the need for cybersecurity risk management.
US introduces ransomware safety site, offers incentives for hacker tips
The US government has unveiled a new website designed to provide businesses with greater knowledge of the threat posed by ransomware to their companies.
US launches inter-agency task force to tackle ransomware wave
The US government has introduced a new interagency task force aimed at combating the increasing challenge of ransomware on the United States.
SecurEnds eyes geographical expansion following $21m Series A
US cloud-native identity governance firm SecurEnds has closed a $21m Series A funding round led exclusively by venture capital company Elephant.
