User info leaked as e-commerce site tretti.se owner hacked

Swedish e-commerce company tretti.se's owner Whiteaway Group has seen confidential customer information being compromised in a ransomware attack.

British Patient Capital commits to adding $35m to Evolution Equity Partners’ new $250m cybersecurity...

British Patient Capital has committed to adding $35m to The Evolution Technology Fund II, which is aiming for a final $250m close to support cybersecurity and enterprise software startups.

Kik Interactive fined $5m for unlawful tokens sale

Chat app developer Kik Interactive has entered into a settlement with the Securities and Exchange Commission for the unlawful sale tokens in 2017 and has agreed to pay $5m in fines.

SentinelOne said to triple its valuation to $3bn in upcoming investment round

Having achieved its unicorn status in February, SentinelOne is now said to be worth $3bn.

Atom bank picks SurePay to fight fraud and prevent misdirected online payments

Atom bank has picked RegTech SurePay to help the app-based bank to fight fraud and prevent misdirected online payments with its Confirmation of Payee solution.

83% of businesses have changed their cybersecurity strategy in the last six months

More than four-fifths of larger businesses have altered their cybersecurity approach in the last six months due to Covid-19, according to new research. Having interviewed ...

Cyber insurance grows in popularity as ransomware attacks become more frequent

As hack attacks continue to be a major concern for businesses, almost 80% of companies have added cyber insurance to their policies, according to new research.

Data protection as a service market to be worth $103.8bn in 2027

The global data protection as a service market is expected to grow considerably in the next seven years, reaching a whooping $103.8bn in 2027.

28 FinTech rounds from last week you should know about

The WealthTech and cryptocurrency FinTech sectors were among some of the winners of the investment rounds recorded last week.

KYND adds Paragon to its Broker programme

Cyber risk experts KYND have named Paragon, the international specialist insurance broker, as the newest member of its rapidly accelerating Broker programme.
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