Threat detection startup Vectra AI enters the unicorn club after latest cash injection
San Jose-based threat detection and response company Vectra AI raised $130m in a funding round that valued the company at $1.2bn.
The round, which brought...
Stripe eyes bolstered internet firm tax compliance through TaxJar purchase
Payments giant Stripe has entered into an agreement to purchase sales tax software enterprise TaxJar to improve tax compliance rates for internet firms.
BAE survey details steep hike in cybercrime during pandemic
A BAE Systems survey has found nearly three-quarters of financial organisations have experienced a rise in cybercrime since the beginning of the Covid-19 pandemic.
Ecommerce fraud losses of $20bn expected in 2021, China to be key fraud market
A new study by Juniper Research has highlighted it expects over $20bn in ecommerce losses this year due to online payment fraud – a rise of 18% compared to 2020.
President Biden rolls out 100-day plan to bolster US grid cybersecurity
US President Joe Biden has announced a 100-day plan focused on rapidly strengthening US power grid cybersecurity.
APRA guidance offers support on tackling climate-related financial risks
The Australian Prudential Regulation Authority (APRA) has issued a draft practice guide to banks, superannuation trustees and insures on managing climate-linked financial risks.
The west is facing a ‘moment of reckoning’ on cybersecurity, GCHQ chief warns
The head of GCHQ has claimed the UK and its allies face a ‘moment of reckoning’ where the global direction of cybersecurity may not be ‘shaped and controlled by the west’.
Thoma Bravo acquires Proofpoint in a $12.3bn deal to build its cybersecurity portfolio
Private equity Thoma Bravo inked a $12.3bn all-cash deal to acquire SaaS-based cybersecurity firm Proofpoint.
NatWest to block cryptocurrency payments following earlier FCA warning
UK retail bank NatWest will not accept payments in cryptocurrencies, according to the company’s head of risk Morten Friis.
BigID rakes in $30m investment to bolster unicorn status
US data intelligence firm BigID has secured $30m in financing from global private equity investor Advent International.
