E-commerce fraud drops by 36% in 12 months
E-commerce fraud attacks have dropped by 36% over the past 12 months, as usage of 3-D Secure (3DS) transactions surge, research from LexisNexis® Risk Solutions claimed.
Dragos crowned first ever industrial cybersecurity unicorn after $200m Series D
Cybersecurity firm Dragos has become the first ever industrial cybersecurity unicorn after it raised $200m in a Series D round led by Koch Disruptive Technologies.
2021 set to be costliest year on record for ransomware attacks
Ransomware threat intelligence firm SonicWall has found 2021 will be the most expensive and dangerous year on record for ransomware attacks, with 495 million logged already.
Sonrai Security inks $50m Series C to scale cloud security for global firms
New York-based cloud security company Sonrai Security has raked in $50m from a Series C funding round led by ISTARI.
QuintessenceLabs reels in A$25M to expand quantum cybersecurity reach
Quantum cybersecurity firm QuintessenceLabs has secured A$25m in financing as it pushes forward its aim to take quantum cybersecurity global.
Credit Suisse given £147m fine by the FCA for tainted loan, bond exchange
The Financial Conduct Authority (FCA) has issued a £147m fine to Credit Suisse due to severe due diligence deficiencies linked to dealings with the Republic of Mozambique.
Newly launched Audit Sight to capitalise on growing audit industry with seed funds
Audit Sight, which develops auditing technology for financial services, has collected $2.5m in its seed round.
US security firm Rhombus Systems inks $10m Series A
Smart security camera startup Rhombus Systems has secured $10m in capital from a Series A funding round.
Are business owners underestimating the risk of a ransomware attack?
A recent reported by InsurTech firm Embroker has found up to 63% of small and medium sized firm owners believe they are not at risk from a ransomware attack.
Global expansion is the watchword as Picus Security secures $24m Series B
Breach and attack simulation solution Picus Security has closed a $24m Series B funding round led by investment firm Turkven.