Security Technology

A new initiative will allow US government contractors to be accountable in a civil court if they fail to report breaches or maintain required cybersecurity standards.

Sao Paulo-based company Gabriel has snagged $12m from a Series A funding round led by the SoftBank Latin America Fund.

The European Parliament has voted for a resolution that calls for the ban of AI-powered biometric mass surveillance technologies such as facial recognition across the continent.

Israeli cybersecurity startup Adaptive Shield has raked in $30m from a Series A capital raise led by Insight Partners.

Orca Security has raised $550m in its Series C round, doubling its valuation in the past seven months to reach $1.8bn.

US President Joe Biden has said that the US will unite 30 countries to crack down on the threat posed by ransomware gangs worldwide.

The UK will invest £5bn into the creation of a Cyber Force unit that will strike back on cyberattacks with retaliatory hacks.

McAfee Enterprise and FireEye Products are set to merge into a single company that will have a revenue of almost $2bn.

The US Cybersecurity and Infrastructure Security Agency (CISA) has released a tool that will allow organisations to assess vulnerability to insider threats and create defence plans.

Identity risk solutions business SecZetta has secured $20m from a Series B funding round led by SYN Ventures and MassMutual Ventures.