Security Technology

Hunters aims to lead XDR market following $30m Series B raise

Israeli cybersecurity firm Hunters has secured $30m from a Bessemer Venture Partners-led Series B funding round.

FBI finds cybercrime group has targeted US firms since November last year

The FBI has discovered that the OnePercent ransomware gang has been actively targeting US organisations since November 2020 as a ransomware affiliate.

SecurityScorecard teams up with Tenable to improve risk management

SecurityScorecard, a provider of cybersecurity ratings, has teamed up with cyber exposure company Tenable to help businesses better see their risk posture.

Private equity firm sells Utimaco Verwaltungs

Private equity firm EQT has sold Utimaco Verwaltungs, a developer of cybersecurity solution, to alternative asset manager SGT Capital.

CISA offers government and private sector guidance on ransomware prevention

The US Cybersecurity and Infrastructure Security Agency (CISA) has shared guidance on how the government and private sector can prevent ransomware data breaches.

Web application attacks on financial services see sharp incline in H1 2021

A study by cybersecurity firm Imperva Research Labs has found web applications attacks on the financial services industry hiked 38% between January and May 2021.

Ten brands account for 56% of impersonation-based phishing attempts

Just ten brands accounted for more than half of all spoof and impersonation-based phishing, a new report from Area 1 Security finds.

InfoSum picks up $65m in Series B as companies prioritise data privacy

NYC-based data collaboration platform provider InfoSum raised $65m in Series B funding to help companies match customer data in a privacy-compliant way.

Interpol warns of cybercriminals using vaccine scams to defraud governments

Interpol has warned that organised crime groups are attempting to defraud governments by offering fake Covid-19 vaccine deals.

T-Mobile confirms data breach after 100 million customers compromised

T-Mobile has confirmed it has suffered a data breach after hackers obtained records of up to 100 million of its customers and is offering to put them up for sale.

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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