Tagged: cyber

US Treasury Dept, Cloudflare, Others Partner to Share Early Warning Threat Intelligence for Financial Institutions

Cloudflare, Inc. (NYSE: NET), the connectivity cloud company, announced a partnership with the United States Department of Treasury and Pacific Northwest National Laboratory (PNNL) under the US Department of Energy in order “to improve the cyber resilience of the financial services industry by sharing an… Read More

Cloud Security Firm Wiz Raises Whopping $1 Billion at $12 Billion Valuation

Wiz is reporting a $1 billion funding round that delivers a $12 billion valuation for the firm. In total, Wiz reports that it has raised $1.9 billion in funding. According to the company, the funding was led by big-name investors, including Andreessen Horowitz, Lightspeed Venture… Read More

AI: Apex Raises $7 Million Seed Funding, Backed by Big Names

Artificial Intelligence (AI) firm Apex is reporting a $7 million Seed round led by big-name investors. According to Apex, which has just emerged from stealth, Sequoia Capital and Index Ventures led the funding. Other prominent investors included Sam Altman, CEO of OpenAI. Apexi is a security… Read More

Anti – Deepfake Firm Clarity Raises $16 Million Seed Round

Clarity, a firm that aims to “immunize” businesses from Deepfakes and AI-generated “synthetic media,” has raised $16 million in Seed funding in a round led by Walden Catalyst and Bessemer Venture Partners. In a blog post, the company said they are addressing one of the… Read More

SolarWinds Comments on SEC Enforcement Action: Another Example of Agency Overreach

Earlier this week, the Securities and Exchange Commission (SEC) filed an enforcement action against SolarWinds (NYSE:SWI) for fraud and failures in regard to “allegedly known cybersecurity risks and vulnerabilities.” CI has received a statement from a SolarWinds spokesperson refuting the SEC’s allegations. The SolarWinds representative… Read More

Israel: Cybersecurity-focused Venture Investor Cyberstarts Raises $480m

Cyberstarts, an Israel-based venture capital firm that focuses on early-stage cybersecurity startups, has announced raising $480 million to make follow-on investments. In a statement, the firm said the Opportunity Fund will take advantage of follow-on opportunities from its portfolio companies that are raising Series A… Read More

Robinhood Notifies Public of Security Breach, 7 Million Individuals Impacted

Robinhood (NASDAQ:HOOD) has revealed a security breach in its platform that apparently took place on November 3, 2021. An attempt at extortion took place following the theft of the information. According to a blog post, an “unauthorized third party obtained access to a limited amount… Read More

Cyber Risk Management Software-As-A-Service Company Axio Teams Up With NFP to Expand Cybersecurity Capabilities; Announces New Community Bank Platform

Axio, a cyber risk management Software-as-a-Service company, announced on Monday it has formed a strategic partnership with NFP, an insurance broker and consultant. Axio reported through the partnership NFP will delay Axio’s new platform, Axio360 QuickQuant, to expand its cybersecurity capabilities within its P&C division with… Read More

Australia: Can Government & Industry Come Together to Advance FinTech Security?

In a follow-up to Australia’s National Fintech Cyber Security Summit in May 2016, Data61 published a new report called “Startup Secrets: How Australia Can Create New Businesses with Fintech and Cyber Security Industry Collaboration”.  The report highlights how the government and private sector can invest… Read More

Send this to a friend