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.

US authorities seize millions in bitcoin linked to terrorism financing

The US justice department has announced that American authorities have seized millions of dollars in cryptocurrency linked to online terrorist financing campaigns involving Hamas, al-Qaeda and ISIS.

Germany to launch federal cybersecurity agency

Germany has announced that it is putting €350m ($412m) into launching a federal agency to protect the nation against digital threats.

Covid-19 pushed cybersecurity to the top of IT professionals’ concerns

Almost nine out of ten IT professionals say their main priority now is to boost their digital defences, according to new research from Hitachi ID.

German anti-money laundering regulator failed to share warnings about Wirecard

The German Financial Intelligence Unit only sent a fracture of warnings about Wirecard's finances to the police and the public prosecutor's office.

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