Cybersecurity scaleup Acronis achieves unicorn status after $147m funding round
Singapore-founded and Switzerland-headquartered Acronis’ CEO says the company is valued between $1bn and $2bn after the cybersecurity firm’s latest round.
Here’s why your employees are your biggest cybersecurity risk
The cybersecurity threat is constantly evolving and the day a firm believes they have achieved all there is to achieve, is the day they will fall foul to the next emerging risk; the Insider Threat, according to Tony Pepper, CEO at Egress.
Cyberinc and InfiniVAN sign partnership
Cybersecurity startup Cyberinc has selected InfiniVAN as a cloud service partner.
Alleged JPMorgan hacker to plead guilty of stealing 80 million customers’ financial data
Andrei Tyurin is expected to plead guilty later in September to the allegations of having hacked JP Morgan Chase & Co in a hack that netted hundreds of millions of dollars.
Americans don’t step up to protect themselves against hack attacks
Despite most Americans knowing about the risks poised by cyber attacks, few are taking the steps needed to protect themselves against them.
Financial services firm PCI fined $1.5m by CFTC for failing to prevent and alert...
The US Commodity Futures Trading Commission (CFTC) has slammed the financial services firm Philip Capital Inc. (PCI) with a $1.5m fine for letting hackers compromise the company's systems and for failing to disclose the hack to customers.
FOSSA bags $8.5m in its Series A led by Bain Capital and Costanoa
FOSSA, an open source management company, has bagged $8.5m in its Series A round which was led by Bain Capital Ventures and Costanoa Ventures.
Revealing the obstacles RegTech companies must overcome to keep on booming
The RegTech industry is growing massively, but there are still challenges to tackle head-on to keep expanding.
Cybercrime, new laws and Brexit revealed as major concerns for British financial services firms
The UK’s impending divorce from the EU may be grabbing the headlines at the moment, but cybersecurity and regulatory compliance concerns are also among the top worries of British financial services.
Software developer Element AI bags $150m in its Series B round
Element AI, a developer of AI-powered solutions for financial services and cybersecurity, has bagged CAD $200m ($150m) in its Series B.
The capital injection was...
