Security Technology

A recent reported by InsurTech firm Embroker has found up to 63% of small and medium sized firm owners believe they are not at risk from a ransomware attack.

Breach and attack simulation solution Picus Security has closed a $24m Series B funding round led by investment firm Turkven.

Cybersecurity company Valence has secured $7m in a seed funding round led by YL Ventures.

Threat detection marketplace SOC Prime has bagged $11m from a Series A funding round led by DNX Ventures.

India-based M2P Fintech has secured $35m from a Series C funding round led by US investment firm Tiger Global.

A recent report by Allianz has found that scammers demanded an average payment of $5.3m from hacking victims during the first six months of 2021.

Cyber risk company Black Kite has raised $22m from a Series B funding round led by Volition Capital.

Cyber insurance platform At-Bay has extended its Series D funding round with a further $20m raise.

A survey by biometrics company Fingerprints has found there is a growing desire amongst French consumers for biometric payment cards.

The threat from cybercrime has never been greater. As a result, corporations and governments are increasingly turning to hackers i.e. white hats for help with the promise of cash rewards known as bug bounties. And experts suggest that it’s the best way to boost cybersecurity.