Tag: CyberTech

Data breaches are becoming increasingly costly. In 2021, the cost of a data breach reached $4.24m, up from $3.86m, according to data by IBM.

The level of uncertainty financial institutions have for third-party cyber risk is worrying. Firms have no idea how a company accesses their network and the back doors left open for criminals. CyberGRX was created to fix this.  

Tech giant Microsoft is set to acquire cyber threat analysis and research company Miburo for an undisclosed fee.

Quickpass Cybersecurity, a privileged access management (PAM) platform, has collected an additional $3m to bring its Series A round to $7m.

Canada-based quantum-safe cybersecurity product developer evolutionQ has raised $5.5m in its Series A funding round.

ReliaQuest, a security operations vendor, has revealed it plans to acquire threat intelligence firm Digital Shadows at a deal being valued at $160m.

Technology giant IBM has revealed it is planning to acquire attack surface management startup Randori for an undisclosed fee.

JupiterOne, a cyber asset attack surface management platform, has closed its Series C on $70m, which brings its valuation to $1bn.

CyberTech startup Nanitor has collected $1.7m in a funding round to support its expansion into foreign markets.

SYN Ventures, a venture capital firm backing cybersecurity startups, has closed a $300m fund.