Israeli cybersecurity startup Valence bags $7m seed funding
Cybersecurity company Valence has secured $7m in a seed funding round led by YL Ventures.
SOC Prime nets $11m from DNX Ventures-led Series A
Threat detection marketplace SOC Prime has bagged $11m from a Series A funding round led by DNX Ventures.
BearingPoint RegTech starts journey of independence with rebrand
BearingPoint RegTech has rebranded itself as Regnology, as it starts its journey as an operational independent company.
Helping banks step up onboarding – Clarifai closes its Series C
Clarifai, which helps firms improve customer experiences and onboarding, has collected $60m in its Series C round, which was led by New Enterprise Associates.
Ransomware demands shoot up by over 500% in first half of 2021
A recent report by Allianz has found that scammers demanded an average payment of $5.3m from hacking victims during the first six months of 2021.
G7 finance group endorses policy principals for retail CBDCs
Finance officials from the G7 have endorsed 13 public policy principles for retail central bank digital currencies (CBDCs).
Black Kite raises $22m to meet rising vendor risk management demand
Cyber risk company Black Kite has raised $22m from a Series B funding round led by Volition Capital.
Cyber insurer At-Bay inks further $20m to extended Series D
Cyber insurance platform At-Bay has extended its Series D funding round with a further $20m raise.
FCA issues guidance to firms on hybrid working challenges
The Financial Conduct Authority (FCA) has issued new guidance to businesses operating remote or hybrid working models.
Cyber black hole in US property insurance market could trigger over £12bn in losses
A study by CyberCube, AM Best and Aon has found a hidden cyber risk in the US property insurance market could trigger over $12.5bn in losses for the industry.