Tag: Cyber Security
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...
Unveiling fraud’s frontlines: Strategies for securing the financial ecosystem
In the face of a burgeoning global fraud epidemic, the financial world is grappling with an ever-escalating threat that undermines the very fabric of our economies and societies.
B2B SaaS cyber security innovator CHEQUER accelerates with $24.82m investment
CHEQUER, a frontrunner in the B2B SaaS cyber security platform sector, has recently announced the closure of a significant investment round.
Tietoevry advances restoration after ransomware
In the silent hours between January 19 and 20, Tietoevry, a prominent tech firm, confronted a formidable ransomware attack targeting one of its data centres in Sweden.
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