Tag: Cyber Security

Singapore banks enhance security to fend off phishing threats

In a recent announcement by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS), major retail banks in Singapore are set to overhaul their security protocols.

FinTech security leader PortSwigger secures $112m investment from Brighton Park Capital

PortSwigger, a distinguished leader in the cybersecurity realm, has successfully secured a substantial $112m investment from Brighton Park Capital.

Semperis raises $125m to enhance identity system defense platform

Semperis, a pioneer in identity-driven cyber resilience, has announced it secured $125m in growth financing from J. P. Morgan and Hercules Capital.

XONA ramps up zero-trust security with $18m investment round

XONA, the cyber security trailblazer, recently announced an $18m strategic investment led by Energy Impact Partners (EIP), a notable player in the cyber investment sphere.

Quorum Cyber receives substantial funding from Charlesbank to expand globally

Quorum Cyber, a leading cyber security firm, has announced a significant new investment from Charlesbank, a US-based private equity firm with an outstanding track...

BOXX and Zurich Insurance Group launch innovative cyber protection app in...

BOXX Insurance Inc., an award-winning global InsurTech that combines cyber insurance and security, has partnered with Zurich Insurance Group in Switzerland to introduce a...

Boosting identity-based security, Elisity raises $37m from Insight Partners

Elisity, a leading pioneer in identity-based microsegmentation, announced a significant financial boost with a $37m Series B funding round led by global software investor...

How the world’s top banks and insurers are adopting GenAI tools

In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.

New ICT cyber risk tool by Bitsight and Moody’s: Pioneering security...

Bitsight, a prominent player in global cyber risk management, and Moody’s, an established leader in risk assessment, have partnered to introduce the Implied Cyber...

UK CyberTech deal activity increases 9% whilst European activity drops 15%...

Key UK CyberTech investment stats in 2023: • UK CyberTech companies raised a combined $217m, a 55% drop from 2022 • UK CyberTech deal activity reached...

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