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Cyber criminals take holidays too, as attacks drop during Christmas period

It appears that cyber criminals take off time for Christmas and New Year, after a study from Agari claims business email compromise (BEC) attacks fell dramatically in the last two weeks of December 2019.

CybelAngel collects $36m in its Series B round

CybelAngel, a digital risk management platform, has collected $36m in its Series B led by Prime Ventures.

Accenture to help AXA XL clients respond to cyberattacks

Digital services provider Accenture is providing AXA XL its Cyber Incident Response service to help clients respond and recover from cyberattacks.

Up to 50% of financial crime is fraud or cyber-crime

Up to half of all reported financial crime is either fraud or cyber-crime related and this percentage is growing year on year, according to financial advisor PIMFA.

Netskope nears $3bn valuation after latest funding round

Netskope, a cloud security service provider has closed its funding round on $340m in its funding round, putting its valuation to nearly $3bn.

Forter to protect loyalty programmes with new tool

Forter, a fraud prevention company, has released its Loyalty Program Protection service which will help companies cope with rising levels of fraud.

Aon looks to boost cyber insurance operations with new deal

Aon, a risk, retirement and health solutions provider, has acquired Canadian cybersecurity platform Cytelligence.

Over 75% of cybersecurity officers in the financial sector fear deepfakes

Over three quarters (77%) of chief security officers (CS0s) in the financial sector are worried about the use of deepfake video, audio and images.

SECURITI.ai launches freemium service after closing its Series B

SECURITI.ai, a data security automation platform, has collected $50m in its Series B round which was led by General Catalyst.

SCVX reveals $200m IPO as it looks to acquire cybersecurity companies

SCVX, a blank check company, has revealed its initial public offering (IPO) which is being raised so it can acquisition and combination of cybersecurity companies.

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