Cyber insurance market to exceed $20bn value by 2025, report finds
A report by GlobalData has found the cyber insurance industry is predicted to exceed a $20bn gross written premium (GWP) value by 2025.
Signicat bolsters RegTech footprint with Electronic IDentification acquisition
Norwegian digital identity firm Signicat has purchased identity software specialist Electronic IDentification (eID) for an undisclosed fee.
US will act on cybercriminals if Russia doesn’t, White House Press Secretary warns
US White House Press Secretary Jen Psaki has warned the Russian government that the US will take action against cybercriminal groups if the Russian government fails to do so.
Pixel to acquire Cyphra to tackle growing cybersecurity issues for UK firms
IT company Pixel Holdco is set to purchase Northern Irish cybersecurity firm Cyphra for an undisclosed fee.
Digidentity launches remote identification tools
Digidentity has released a new remote identification tool suite to help clients improve their identification checks when face-to-face meeting is not possible.
Sevco launches cloud security platform following $15m Series A
US firm Sevco Security has officially introduced its cloud-native security asset intelligence platform after it raised $15m in a Series A funding round.
Kaseya hit by one of the largest cyberattacks in history with REvil hack
US IT provider Kaseya has become the latest in a growing line of organisations to suffer a cyberattack at the hands of the REvil ransomware group.
CISA unveils ransomware self-assessment tool to bolster company security
The US Cybersecurity and Infrastructure Security Agency (CISA) has launched the Ransomware Readiness Assessment (RRA) to help companies strengthen their security.
Barracuda acquires MSP-focused XDR platform SKOUT Cybersecurity
Cloud-enabled security solution provider Barracuda Networks acquired SKOUT Cybersecurity in an attempt to foray into the extended detection and response (XDR) market.
Global cyber study finds US remains dominant power, China continues ascent
A study by the International Institute for Strategic Studies (IISS) has found the US continues to lead the way as the number one cyber power worldwide.