Tag: Cyber threats

Bank of England highlights AI’s potential threats to financial stability

As the Bank of England's Financial Policy Committee scrutinizes the integration of advanced AI technologies in trading and investment activities, it has raised concerns...

How adverse media screening shields companies from emerging threats

Adverse media screening, traditionally a staple in the banking sector for anti-money laundering (AML), fraud prevention, and regulatory compliance, has now become a critical tool across various industries. As businesses navigate a world riddled with supply chain disruptions, geopolitical instability, and cyber threats, the importance of real-time risk intelligence cannot be overstated.

Insurance industry urged to strengthen cyber resilience amid evolving threats

Leading figures from the insurance and cyber security sectors have issued a unified call for insurers to enhance cyber resilience in response to a rapidly evolving threat landscape.

Marsh unveils new cyber insurance facility with $45m additional capacity

Marsh, a global leader in insurance broking and risk advisory, and a subsidiary of Marsh McLennan, has introduced an upgraded version of its flagship...

AI-driven cybersecurity firm Nothreat secures funding at £40m valuation

Nothreat, an AI-driven cybersecurity company focused on securing IoT (Internet of Things) environments, has successfully closed its seed funding round, confirming a £40m valuation.

Cybersecurity firm Invary secures $3.5m seed round to advance runtime integrity...

Cybersecurity company Invary, which specialises in Runtime Integrity solutions, has secured a $3.5m seed funding round.

CYFIRMA secures strategic investment from MDI Ventures to bolster cybersecurity in...

CYFIRMA, a Singapore-based cybersecurity company, has received a strategic investment from MDI Ventures, the venture capital arm of PT Telekomunikasi Indonesia Tbk (Telkom Group).

CyberTech funding increased by 17% in H1 as large deals return

Global CyberTech investment stats in H1 2024: CyberTech funding globally increased by 17% YoY Average deal value for CyberTech deals in the half increased...

Key steps for PE firms to mitigate cyber risks in portfolio...

With the digital threat landscape ever-evolving, portfolio companies find themselves at the receiving end of 43% of annual cyberattacks.

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...

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