Security Technology

US infrastructure bill to allocate almost $2bn for cybersecurity

The US infrastructure bill signed into law by President Biden yesterday will provide close to $2bn for cybersecurity and related provisions.

Vice President Harris underlines US backing to Paris cyber initiative

Vice President Kamala Harris has announced the US’ support for the Paris Call for Trust and Security in Cyberspace, a global initiative aimed at bolstering global cybersecurity.

McAfee to be acquired by private equity firms in huge $14bn deal

Cybersecurity giant McAfee is to become a private company again after it agreed to be acquired by a group of private equity firms in a $14bn agreement.

Cyber firm SafeBreach scores $53.5m Series D to push forward expansion

Breach and attack simulation (BAS) platform SafeBreach has raised $53.5m from a Series D round led by Sonae IM and Israel Growth Partners.

Why FinTecSystems is betting on open banking in the financial crime fight

Founded in 2014, FinTecSystems is specialised in open banking infrastructure and data analysis to help companies make data-driven and automate decisions. At a time when companies are scrambling to protect their assets from criminal actors, could FTS’ open banking infrastructure be a flood barrier against the rising wave of financial crime?

Contrast Security becomes the next CyberTech unicorn

Contrast Security, a developer of next-gen code security tools, has closed its Series E funding round on $150m, bringing its valuation to over $1bn. The...

SCYTHE rakes in Series A as it eyes sales and marketing growth

SCYTHE, which designs adversarial emulation to help companies combat cyberattacks, has collected $10m in its Series A.

Are workforces globally taking cybersecurity for granted?

While cybersecurity may be occupying a growing space in the attention of workforces worldwide, a recent report by Deloitte has found many workers may be taking their own cyber hygiene for granted.

House of Representatives pass bills aimed at improving small business cybersecurity

The US House of Representatives has passed two bills that are focused on improving the cybersecurity protections for small businesses in the United States.

Security platform Wabbi closes oversubscribed seed funding round

US continuous security platform Wabbi has secured $2m from a seed funding round led by Mendoza Ventures.

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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