2021 set to be costliest year on record for ransomware attacks
Ransomware threat intelligence firm SonicWall has found 2021 will be the most expensive and dangerous year on record for ransomware attacks, with 495 million logged already.
CyberTech for AI software TrojAI bags seed round
TrojAI, a cybersecurity platform designed for AI solution providers, has netted CAD3m ($2.3m) in its seed round.
US House leaders call on law enforcement to provide private data details
Leaders in the US House of Representatives have sent a letter to US law enforcement agencies to probe their purchases of private data sets to avoid warrant requirements.
Shift5 nets $50m Series B to shield critical vehicles from cyberattacks
Operational technology security firm Shift5 has secured $50m from a Series B funding round led by Insight Partners.
Cymulate nets a further $15m, just months after its former round
Breach and attack simulation platform Cymulate has received $15m in its Series B round led by Vertex Growth Fund.
Costa Rican government hit by significant cyberattacks
The Costa Rican government has seen a number of targeted cyberattacks against a range of its ministries over the past week.
World’s first social engineering CyberTech Picnic nets funding
Picnic, which claims to be the first social engineering prevention and detection platform, has raised $14m in its Series A funding round.
Cybersecurity firm StepSecurity lands $3m to safeguard CI/CD environments
StepSecurity, a cybersecurity firm specialising in CI/CD pipeline and infrastructure protection, has successfully closed a $3m seed funding round.
Starling pulls advertising on Facebook and Instagram for fraud concerns
Starling Bank has pulled all of its paid advertising on Facebook and Instagram due to concerns regarding fraudsters on the platforms.
Neosec emerges from stealth mode with $20.7m in a Series A funding round
Neosec came out of stealth mode and completed its Series A fundraise with a total investment of $20.7m from True Ventures, New Era Capital Partners, TLV and SixThirty.
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