Security Technology

When the coronavirus pandemic spread like wildfire in the early months of 2020, many companies and individuals alike had no idea what was to come – and how their work lives would change. With widespread vaccines, many companies are beginning to open up again, but what will be the ‘new normal’ for the financial sector in terms of working arrangements?

Minnesota-based Arctic Wolf closed a $150m Series F, just nine months after a $200m Series E, boosting its valuation to $4.3bn - more than three times what it was worth by the end of 2020.

Interpol has urged police agencies and industry partners to unite to prevent a possible ransomware pandemic from taking hold.

Secure Access Service Edge (SASE) company Netskope raised $300m in funding led by existing investor ICONIQ Growth.

A cybersecurity report has found an alleged Chinese state-sponsored faction is attempting to hack telecommunications organisations in Taiwan, Nepal and the Philippines.

Security tool developer Mondoo has pulled in $15m in funding from Series A and seed financing rounds.

There are around 648 cyber threats every minute and this crime costs organisations $1.7m each minute, according to a study from RiskIQ.

A US federal judge has sentenced a Houston-based man to a 7-year jail sentence for his role in trying to steal over $2m from victims through romance scams and spoofed emails.

Israeli device protection and management firm NanoLock Security has raised $11m from a Series B funding round.

Cybersecurity firm ZeroFOX Inc. acquired dark web intelligence research firm Vigilante ATI Inc. for an undisclosed sum.