Tag: Cybersecurity

Data breaches are becoming increasingly costly. In 2021, the cost of a data breach reached $4.24m, up from $3.86m, according to data by IBM.

The level of uncertainty financial institutions have for third-party cyber risk is worrying. Firms have no idea how a company accesses their network and the back doors left open for criminals. CyberGRX was created to fix this.  

Quickpass Cybersecurity, a privileged access management (PAM) platform, has collected an additional $3m to bring its Series A round to $7m.

Canada-based quantum-safe cybersecurity product developer evolutionQ has raised $5.5m in its Series A funding round.

Companies are facing increasing pressures to streamline customer-facing processes. The digital ecosystem emphasizes a world where people want things completed instantly and poor experiences mean switching to other providers. Chor Teh - financial crime compliance industry practice lead at Moody’s Analytics - has explored why customers should be at the front of onboarding processes.

A Russian official has stated a ‘direct military clash’ could occur if Western governments continue to mount cyberattacks against its infrastructure.

Cybersecurity company Avast has identified a new scam targeting cryptocurrency holders is netting the creators of it at least $50,000.

SaaS security platform AppOmni has raised $70m in its Series C funding round, which was raised to support its product development efforts.

Cyber risk analytics provider CyberCube has partnered with Kroll, a risk, governance and growth solution developer, to launch a new cyber incident response service to its clients.

The third annual CyberTech100 has been revealed, detailing the must-know names in the industry.