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Just half (49%) of organisations have sufficient budget to meet their current cybersecurity needs, and 11% and only protect their most critical assets.
CyberTech unicorn Snyk has slightly dropped to $7.4bn valuation following the close of its Series G funding round on $196.5m.
Proofpoint, an enterprise security vendor, has revealed it plans to acquire Illusive Networks, which is a startup focused on pioneering deception technology.
Global cybersecurity SaaS platform Field Effect has secured $34.5m in a funding round from Edison Partners and Round13 Growth Fund.
SensCy, which is helping SMEs bolster their cybersecurity health, has secured $4m in its seed funding round.
Interpres Security, a firm focused on helping companies optimise their security performance, has emerged from stealth with $8.5m in seed funding.
Insiber, which is focused on helping SMEs with their cybersecurity risks, has reportedly collected €100,000 in funding.