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Israeli cybersecurity startup Valence bags $7m seed funding

Cybersecurity company Valence has secured $7m in a seed funding round led by YL Ventures.

Terranova Security secures non-dilutive financing

Cybersecurity platform Terranova Security has collected $9m in non-dilutive financing from BDC Capital's Growth and Transition Capital division.

Ransomware demands shoot up by over 500% in first half of...

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.

MagicCube to solve issues with chip shortage with fresh funding

MagicCube, a software-based security technology, has collected $15m in a funding round, as it looks release new tools.

Iran-linked hackers found to have targeted US, Israeli maritime and defence...

Microsoft have shared hackers sympathetic to Iranian national interests have been targeting US and Israeli defence technology and global maritime businesses.

Wiz continues fundraise hot-streak as its valuation hits $6bn

Israel-based cybersecurity platform Wiz has continued its fundraising streak, with a fresh $250m investment, bringing its valuation to $6bn.

SafeStack Academy hopes to expand internationally with fresh funds

SafeStack Academy, which provides people with cybersecurity education, has raised NZD 2.3m ($1.6m).

Contractors who fail to report breaches can be sued under new...

A new initiative will allow US government contractors to be accountable in a civil court if they fail to report breaches or maintain required cybersecurity standards.

Online fraud rises 23% in one quarter as people move online

Online card fraud has increased by 23% in the past quarter as more people use online transactions.

Gravwell said to close $3m round

Data and analytics platform Gravwell has reportedly collected $3m in a funding round.

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