Security Technology

DevOps firm Cycode bags $20m Series A to expand sales, marketing reach

DevOps security enterprise Cycode has raised $20m from a Series A funding round led by Insight Partners.

DarkSide ransomware behind Colonial Pipeline incident, FBI claims

The FBI has declared that the cybercriminal behind the recent Colonial Pipeline was a ransomware variant known as DarkSide.

Largest US pipeline operations halted following ransomware attack

Operations at the Colonial Pipeline have been brought to a standstill following a ransomware cyberattack that affected some of its IT systems.

EBA launches consultation on money laundering, terrorism financing in the EU

The European Banking Authority (EBA) has introduced a public consultation on a database on anti-money laundering and countering terrorism financing (AML/CFT) in the EU.

French, EU cybersecurity heads stress greater cooperation, resources importance

The heads of the European and the French cybersecurity agencies have called for a greater level of cooperation and more resources to compete in the cybersecurity spending race.

Cybersecurity platform Huntress lands $40m as it pursues to help SMEs tackle online threat

Threat detection and mitigation company Huntress scored a $40m Series B investment round led by JMI Equity.

Vanta closes $50m funding round to launch new products, expand footprint

San Francisco-based cybersecurity firm Vanta has closed a $50m funding round led by Sequoia Capital with participation from Y Combinator.

AI-driven fraud protection company for InsurTechs Shift Technology earns the horn after $220m round

SaaS provider of AI-driven decision automation and optimisation solutions for the insurance industry Shift Technology closed a $220m fundraising bringing its valuation to over $1bn.

Cybercrime cases continue to rise as Belgium becomes most recent victim

The company that provides internet services for Belgium’s parliament, government departments, universities and scientific institutions has suffered a cyberattack.

Companies spending more on cybersecurity to combat threats, report finds

A report conducted across the US, UK and mainland Europe has found many firms are spending more on cybersecurity to combat growing threats in cyberspace.

50,000+ RegTech leaders get exclusive industry stories delivered every week