Financial Crime/Fraud Prevention

Cybersecurity giant McAfee is to become a private company again after it agreed to be acquired by a group of private equity firms in a $14bn agreement.

Breach and attack simulation (BAS) platform SafeBreach has raised $53.5m from a Series D round led by Sonae IM and Israel Growth Partners.

Fincom.co, which has designed a multilingual fingerprint service, has received an investment from deep tech fund VentureIsrael and ff Venture Capital.

Founded in 2014, FinTecSystems is specialised in open banking infrastructure and data analysis to help companies make data-driven and automate decisions. At a time when companies are scrambling to protect their assets from criminal actors, could FTS’ open banking infrastructure be a flood barrier against the rising wave of financial crime?

Cryptocurrency compliance service Notabene has secured $10.2m in its Series A investment round, as it helps crypto companies meet travel rule compliance.

Compliance-as-a-service platform Laika has raised $35m from a Series B funding round to expand its automation footprint.

The US government has put a $10m bounty on the cybercriminals who hacked the system of the Colonial Pipeline back in May of this year.

While cybersecurity may be occupying a growing space in the attention of workforces worldwide, a recent report by Deloitte has found many workers may be taking their own cyber hygiene for granted.

US continuous security platform Wabbi has secured $2m from a seed funding round led by Mendoza Ventures.

Israeli firm Oxeye has arisen from a period of stealth by securing $5.3m in seed round financing.