Security Technology

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.

EBA repeals PSD1 internet payments security guidelines

The European Banking Authority (EBA) has officially repealed its guidelines on the security of internet payments under the former Payments Services Directive (PSD1).

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.

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.

Theta Lake deepens RingCentral synergies with extended partnership

Theta Lake has bolstered its partnership with communications firm RingCentral to include global service provider and cross-industry vertical security and compliance features.

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.

Appetite for biometric payment cards growing in France

A survey by biometrics company Fingerprints has found there is a growing desire amongst French consumers for biometric payment cards.

How ethical hackers can help FinTech companies fight cybercrime

The threat from cybercrime has never been greater. As a result, corporations and governments are increasingly turning to hackers for help with the promise of cash rewards known as bug bounties. And experts suggest that it’s the best way to boost cybersecurity.

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