Security Technology

Schwarz Group looks to the security challenges of tomorrow with XM Cyber purchase

Retail giant Schwarz Group has snapped up Israeli cybersecurity firm XM Cyber for an undisclosed fee.

Terranova Security unveils cyber training solution to foster security awareness

Security awareness firm Terranova Security has launched a new cybersecurity awareness training solution to help companies save time, money and labour.

Maryland innovation fund backs 12 startups

TEDCO, Maryland’s economic engine for technology companies, has invested into 12 startup companies and funded 36 university projects via its Maryland Innovation Initiative (MII).

US banks required to report major cyber cases in 36 hours under new law

A new US law set to be introduced in May next year will require banks to report major cybersecurity incidents to federal officials within 36 hours.

Lacework closes security industry’s largest funding round ever

Data-driven security platform Lacework has been valued at $8.3bn, after the close of a $1.3bn funding round, which it claims is the largest in security industry history.

Ransomware the most significant cyber threat facing the UK, report finds

The UK’s National Cyber Security Centre (NCSC) claims it has fought off a record number of digital intrusions this year driven by a surge in ransomware.

Cyber firm SnapAttack snares $8m to speed up platform development

Cybersecurity company SnapAttack has secured $8m from a financing round led by Volition Capital.

Hakimo looks to mesh cyber, physical security synergies following $4m seed

AI-informed physical security platform Hakimo has landed $4m in seed round financing as it looks to bring cyber-like tools to the workplace.

XDR is the revolution of cybersecurity – Stellar Cyber closes Series B as it...

Cybersecurity company Stellar Cyber has closed its oversubscribed Series B funding round on $38m.

Ontic bags $40m from JMI Equity-led Series B financing raise

Protective intelligence software provider Ontic has secured $40m from a Series B funding round. The round was led by JMI Equity and also saw...

News Stories

How purpose-built AI is transforming compliance from detective controls into preventive controls

As AI rewrites the playbook for financial crime and conduct risk, Behavox founder and CEO Erkin Adylov explains how purpose-built models are shifting compliance...
FinTech

Over $1.1bn raised across funding raises in red-letter week for FinTech

There was over $1.1bn raised across 23 deals this week in the FinTech sector, one of the most powerful weeks for raises seen so...

Ortec Finance’s GLASS PRISM targets insurance portfolio optimisation

Ortec Finance has unveiled GLASS PRISM, a next-generation strategic asset allocation (SAA) optimisation tool designed specifically for insurance asset managers.
crime

Why real-time intelligence sharing is now a legal must

A decade ago, the notion of regulated financial institutions exchanging crime intelligence in real time felt far-fetched. Legal barriers loomed large, trust between banks...
LSEG launches real-time vessel tracking API

LSEG launches real-time vessel tracking API

London Stock Exchange Group (LSEG) has unveiled a new Vessel Tracking API, developed in collaboration with satellite operator Kinéis and Wood Mackenzie Vesseltracker, offering...

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