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Cybersecurity/Information Security

API security firm, Escape, nets $3.9m in seed funding round

API security firm, Escape, nets $3.9m in seed funding round

Tristan Kalos and Antoine Carossio's venture, Escape, an API security company fresh from Y Combinator's 2023 cohort, has just closed its seed round on $3.9m. 
Logiq, UK's cyber security leader, secures backing from Phoenix

Logiq, UK’s cyber security leader, secures backing from Phoenix

Phoenix, a prominent investment firm, has proudly announced its recent financial backing of Logiq, a leading UK-based cyber security specialist.
Galvanick

Industrial cyber defence platform Galvanick secures $10m seed round

Galvanick, a solution renowned for protecting industrial infrastructure from cyber threats, has proudly announced a significant financial milestone in its journey.
Dig

Dig Security nets investment from Samsung for innovative cloud data security

Dig Security, a key player in the cloud data security space, announced today it has secured a strategic investment from Samsung Ventures.
Alcion

Alcion’s AI-driven backup-as-a-service platform secures $8m seed funding

The spotlight today is on Alcion, a modern data management startup pioneering an innovative Backup-as-a-Service (BaaS) platform.
NAB

Australians warned by NAB about soaring scams in online sales platforms

New NAB data indicates a worrying trend among Australians selling second-hand items on platforms such as Facebook Marketplace and Gumtree.
zkMe

zkMe secures $2M to enhance privacy and security in digital interactions

zkMe, the zero-knowledge identity oracle provider, has successfully raised $2 million in pre-seed funding to revolutionize on-chain credential verifications.
OneMain

Cyber lapses result in $4.25m penalty for OneMain Financial Group

OneMain, a firm specializing in loans for people with "nonprime" credit histories, has been fined by the New York DFS due to cyber lapses.
Sumsub, Fraud detection, Verification industry, Financial technology 2023, Deepfake fraud 2023, Forced verification 2023, Europe FinTech 2023, UK FinTech 2023

Deepfake and forced verification frauds skyrocket

Sumsub, a full-cycle verification platform, recently unveiled alarming data that shows an unprecedented rise in forced verification and deepfake-related fraud cases across the UK and Europe. The findings were drawn from the company's anonymised verification data collected from its clients.
Chinese

Microsoft uncovers Chinese cyberespionage on US Pacific territory

A Chinese cyberespionage initiative has been detected that focuses on the essential infrastructure within Guam by Microsoft. 

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