Barclays warns that scams have increased 66% during the Covid-19 pandemic

Scammers increased their activities by 66% in the first six months of 2020, according to new research from Barclays.

Remote workers using personal devices causes rise in cybersecurity risks

Almost a quarter of professionals working from home have used unauthorised devices, which has increased the risk of breaches, according to new research from CybSafe, the London-based cybersecurity software platform.

Covid-19 could make Middle Eastern cybersecurity market skyrocket to $29.9bn by 2025

The coronavirus pandemic could see the cybersecurity market in the Middle East grow from $15.6bn in 2020 to $29.bn by 2025, according to new research.

Netskope builds new data centre in Tel Aviv

Cloud security company Netskope is expanding its Netskope NewEdge network with a new data centre in Tel Aviv.

Ethical hacking platform Cobalt bags $29m

Danish cybersecurity startup Cobalt has secured $29m in a Series B round to fund the further expansion of its services.

The coronavirus has pushed cybersecurity to the top of businesses’ priorities

Cybersecurity has become a key focus area for businesses during the pandemic as the number of hack attacks continue to grow.

Indian competition regulator dismisses antitrust case against WhatsApp’s payment services

Competition Commission of India (CCI) has dismissed a case accusing WhatsApp of abusing its market dominance in the payment space.

Cyware secures $10m in its Series A round to support product enhancements

Cyware, which helps businesses to create a centre for cybersecurity operations, has bagged $10m in its Series A round.

Cybersecurity and InsurTech startups behind many of the 27 rounds raised last week

Of the 27 FinTech companies to raise rounds in the last seven days, cybersecurity and InsurTech companies enjoyed the most cash injections.

Spin Technology releases cyber liability insurance product

Spin Technology has released a cyber liability insurance service to help companies cope with the rising threats online.
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