RegTech

Redcoat AI secures $4.24m from Pear VC & others to combat AI threats in cybersecurity

Redcoat AI secures $4.24m from Pear VC & others to combat AI threats in...

Redcoat AI, a pioneering cybersecurity company emerging from stealth mode, announced today its successful funding round, securing $4.24m.
due

The crucial role of due diligence in protecting against supplier risk

Large corporations, including manufacturers of luxury goods and automotive companies, operate within extensive third-party supplier networks. These networks often comprise hundreds of thousands of small businesses worldwide, contributing parts, software, and labour to the final product or service.
Avalor

Avalor links with Zscaler in a $350m deal to revolutionise cybersecurity

American cyber firm Zscaler is set to acquire Israeli startup Avalor for $350m, in a strategic move to enhance its cloud security offerings.
BotGuard

Estonia’s BotGuard OÜ secures €12m for cybersecurity expansion

BotGuard OÜ, a cyber firm based in Tallinn, Estonia, has announced a €12 million Series A funding round led by MMC Ventures.
GrammaTech secures $1m in DARPA AI Cyber Challenge for cybersecurity innovation

GrammaTech secures $1m in DARPA AI Cyber Challenge for cybersecurity innovation

GrammaTech, a premier cybersecurity service and software development tool provider, has achieved a significant milestone by being one of the winners in the Defense Advanced Research Projects Agency (DARPA)'s Artificial Intelligence Cyber Challenge (AIxCC).
AI

Singapore’s central bank weighs AI’s pros and cons in policy making

The MAS recently offered insights into how AI and machine learning (ML) technologies are shaping the future of policy development.
AI

US leads historic UN Resolution to democratise artificial intelligence

The United States has taken a pioneering role at the United Nations with its proposal for the first-ever resolution focused on AI.
Nozomi

Nozomi Networks clinches $100m in Series E funding

Nozomi Networks, a front-runner in operational technology and IoT security, has successfully closed a $100m Series E investment round.
Combating business email compromise: Strategies for financial firms

Combating business email compromise: Strategies for financial firms

In the ever-evolving landscape of financial crimes, firms across the globe are grappling with the challenge of safeguarding their operations and reputation. Among the myriad of schemes that threaten the integrity of financial institutions, Business Email Compromise (BEC) stands out for its cunning simplicity and potentially devastating impact.
Klarna

Klarna faces $733,000 GDPR fine for inadequate data information

In a landmark ruling, Swedish payments giant Klarna has been fined 7.5 million crowns ($733,000) for breaching the European Union's GDPR.

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