Security Technology

Cyber risk is showing no signs of stopping and the reliance on cloud-based systems makes potential ripple effects vast. It is crucial for the global insurance industry to efficiently measure cyber risk.

US nuclear weapons contractor Sol Oriens has revealed it has suffered a ransomware cyberattack allegedly by the REvil ransomware group.

China National People Congress (NPC) has passed its first data security law aimed at strengthening the government hand over the data produced and stored in the country.

The G7 has called on Russia to take stronger action on ransomware attacks and cybercrime that has occurred within their borders.

Food processing company JBS Foods has confirmed it has paid an $11m million ransom payment to end a ransomware cyberattack on its global operations.

Digital security platform Aura has closed its Series E round on $150m, which was led by private equity giant Warburg Pincus.

Third-party risk and attack surface management platform UpGuard has completed its Series B-1 funding round, pulling in $19m.

Endpoint protection firm SentinelOne has claimed Chinese hackers were ‘likely’ behind a series of intrusions on Russian government agencies last year.

Companies in the United States raised seven of the top 10 CyberTech deals in the first quarter as total funding hit $4.1bn

As the threat of cyberattacks continue to rise, FinTech Global has named the 100 most innovative CyberTech companies in its second annual list.