Security Technology

NYC and Tel Aviv, Israel-based online integrity company specializing in detecting malicious content such as hate speech, targeted disinformation campaigns, fraud, and other harmful activities online and offline ActiveFence has emerged out of stealth with $100m in funding.

Noetic Cyber, a cloud-based continuous cyber asset management and controls platform, launched with a total of $20m in funding, including a new Series A round led by Energy Impact Partners.

1Password, a Canadian security and privacy tech startup, raised $100m in a round led by Silicon Valley venture capital firm Accel, valuing the company at $2bn.

Financial crime prevention costs UK financial institutions an average of £374k every year, according to new research from global legal company, DWF.

Paris-based YesWehack, a bug bounty and Vulnerability Disclosure Policy (VDP) platform raised $18.8m in Series B funding led by Banque des Territoires and Eiffel Investment Group.

Varo Bank has selected financial crime investigation firm Quantifind’s Graphyte platform to optimise its adverse media screening and investigations automation performance.

An advisory by the FBI and the Cybersecurity and Infrastructure Security Agency (CISA) has revealed Chinese state-backed hackers breached 13 US pipelines between 2011 and 2013.

The FBI has warned of potential cyber threat actors targeted the upcoming Olympic Games in Tokyo this summer.

Estonian identity verification firm GetID has launched a know-your-customer (KYC) flow builder to help customers set up and deploy personalised online verification procedures.

FinTech companies continue to rake in millions of dollars with a slew of startups graduating to the unicorn club. The 42 ventures in the sector that topped up their accounts last week are proof of that.