Israeli cybersecurity startup Valence bags $7m seed funding
Cybersecurity company Valence has secured $7m in a seed funding round led by YL Ventures.
SOC Prime nets $11m from DNX Ventures-led Series A
Threat detection marketplace SOC Prime has bagged $11m from a Series A funding round led by DNX Ventures.
ComplyAdvantage extends AML program to US and Canadian FinTechs
Financial crime detection firm ComplyAdvantage has expanded its anti-money laundering (AML) program ComplyLaunch to help FinTech startups in the US and Canada.
Ransomware demands shoot up by over 500% in first half of 2021
A recent report by Allianz has found that scammers demanded an average payment of $5.3m from hacking victims during the first six months of 2021.
Black Kite raises $22m to meet rising vendor risk management demand
Cyber risk company Black Kite has raised $22m from a Series B funding round led by Volition Capital.
Digital signatures are the secret to standing out
As more people move towards online interactions with financial services organisations, firms are prioritising ways to improve the quality of these customers’ and employees’ interactions. Digital signatures could be the core feature to make a firm stand out from the crowd.
Cyber insurer At-Bay inks further $20m to extended Series D
Cyber insurance platform At-Bay has extended its Series D funding round with a further $20m raise.
FCA issues guidance to firms on hybrid working challenges
The Financial Conduct Authority (FCA) has issued new guidance to businesses operating remote or hybrid working models.
Cyber black hole in US property insurance market could trigger over £12bn in losses
A study by CyberCube, AM Best and Aon has found a hidden cyber risk in the US property insurance market could trigger over $12.5bn in losses for the industry.
Appetite for biometric payment cards growing in France
A survey by biometrics company Fingerprints has found there is a growing desire amongst French consumers for biometric payment cards.
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