Payments fraud has declined but continues to pose a serious problem for FinTechs, AFP...
As digital payment fraud continues to shoot up, business email compromise (BEC) continues to be the most common source of fraud attempts, says new report from Association for Financial Professionals (AFP).
Open source security platform WhiteSource scores $75m in funding
WhiteSource, an open source security and management platform, has scored $75m in its Series D round, which was led by Pitango Growth.
ThreatQuotient bags $22.5m funding to speed up expansion plans
Security operations firm ThreatQuotient has closed a $22.5m syndicate of new financing to speed up innovation and expansion within the company.
Cyble closes seed round on $4m hot off the heels of accelerator completion
Global cyber intelligence firm Cyble has closed its seed round on $4m, shortly after it has graduated from the Y Combinator Winter 2021 accelerator.
President Biden reveals plan to shield US electric power grids from hackers
In a new move to revamp the US power grid cybersecurity, President Biden unveiled a $2tn plan which included $100bn for a variety of infrastructure priorities such as upgrading the electric power grid and cybersecurity projects.
OPSWAT receives $125m investment from Brighton Park Capital
Critical infrastructure protection cybersecurity solution OPSWAT has closed a $125m growth investment from Brighton Park Capital.
(ISC)² calls for more collaboration within cybersecurity
(ISC)², the world’s biggest non-profit association of certified cybersecurity professionals, has called for increased industry collaboration amongst membership and training bodies in cybersecurity.
Cyber risk management and insurance platform Trava scores $3.5m seed round
Trava, an integrated cyber risk management and insurance platform, has netted $3.5m in its seed round.
Living Security closes Series B after a successful 2020
Living Security has netted $14m in its Series B round, which will help it expand its services beyond cybersecurity awareness training.
Number of fileless malware attacks increased by nearly 900% in 2020
Fileless malware attacks increased by nearly 900% in 2020 and cryptominer attack rates grew by 25%, according to a report from WatchGuard Technologies.
The cybersecurity...
