Tagged: cybersecurity

Exein Raises €15m in Series B Funding to Expand IoT Cybersecurity Globally

Exein, a Rome, Italy-based company specializing in embedded IoT cybersecurity, announced it has secured €15 million (about $16.4 million) in a Series B funding round led by 33N, a firm focused on cybersecurity and infrastructure software investments. The round also included contributions from Partech and… Read More

Evolve Bank Shares Update on Cybersecurity Incident, Will Begin Individual Notifications Today (July 8)

Evolve Bank & Trust has provided detailed updates on its widely reported cybersecurity incident. Evolve Bank & Trust claims that it is on schedule “to commence individual notifications starting July 8, 2024.” These notifications will include “an offer of two years of comprehensive credit monitoring… Read More

Cybersecurity has Become a Paramount Concern for Organizations of All Sizes and Industries – Report

Nowadays, cybersecurity has become a paramount concern for organizations of all sizes and industries. As cyber threats continue to evolve in complexity and sophistication, businesses are increasingly turning “to cybersecurity vendors for innovative solutions to safeguard their sensitive data.” However, in the ever-changing world of… Read More

Regtech Uppsala Security, AhnLab Blockchain Company to Enhance Web3 Cybersecurity Solutions in South Korea

Uppsala Security, a provider of tools and services for crypto AML/CTF, transaction risk management, regulatory compliance, transaction tracking, and cybersecurity, announced a partnership with AhnLab Blockchain Company. Signed on April 30, 2024, the MoU focuses “on cooperation in next-generation virtual asset anti-money laundering (AML) security… Read More

Cybersecurity Firm Kaspersky Releases Sustainability Report, Revealing Results of Firm’s Sustainable Development Initiatives

Kaspersky has released its new sustainability report for H2 2022 and 2023, revealing the key results of the company’s most recent sustainable development initiatives and projects. The report encompasses five strategic areas “identified as the company’s ESG priorities: safer cyberworld, future tech, safer planet, people… Read More

Cybersecurity Concerns Reportedly Rise Among US Workers with Most Worried About AI in Online Security

Widespread concerns are growing among US employees about escalating cybersecurity threats in the workplace, with 53% worried their organization will be the target of a cyber attack and a third (34%) worried that they may be the ones leaving their organization vulnerable due to their… Read More

Redline Identified As Most Prevalent Data-Stealing Malware – Report

More than half of all devices (55%) targeted by password-stealer attacks in 2023 were infected with the Redline malware, Kaspersky Digital Footprint Intelligence has found. As the malware development market continues to flourish with new stealers, such as Lumma, for the last three years Redline… Read More

Cyberattacks have More than Doubled Since Start of COVID-19 Outbreak – Research Report

Cyberattacks have more than doubled since the pandemic, according to a recent update shared by the International Monetary Fund (IMF). While companies have historically suffered relatively modest direct losses from cyberattacks, some have “experienced a much heavier toll,” the IMF report notes. US credit reporting… Read More

Keeper Security, the Zero-Knowledge Cybersecurity Software Firm, Releases Insights Report

Keeper Security, the provider of zero-trust and zero-knowledge cybersecurity software protecting passwords, passkeys, privileged access, secrets and remote connections,  releases its 2024 Keeper Security Insight Report, The Future of Defense: IT Leaders Brace for Unprecedented Cyber Threats. The survey of more than 800 IT and… Read More

Visa’s New AI Suite Targets $40bn in Fraud Prevention

Credit card major Visa Inc. is poised to enhance its fraud-prevention capabilities by incorporating three new artificial intelligence (AI)-powered tools into its product suite for business clients, according to a Bloomberg report. This move underscores the company’s commitment to leveraging advanced technology to bolster security… Read More

Coro, a Cybersecurity Platform for SMEs, Reports Series D Funding

Coro, the cybersecurity platform purpose-built for small and medium-sized enterprises (SMEs), announced it has secured $100 million in Series D funding led by One Peak, with participation from existing investors Energy Impact Partners and Balderton Capital. This investment round brings the total funds “raised to… Read More

Eye Security Reports €36M Series B Round to Enable Cybersecurity Across Europe

In a significant leap forward for the cybersecurity sector, Eye Security has announced a €36 million Series B investment led by J.P. Morgan Growth Equity Partners with participation from existing investors Bessemer Venture Partners and TIN Capital. The funding round marks “a new chapter in… Read More

UK’s ESProfiler, a Cybersecurity Startup, Reports £2.8M Seed Round

ESProfiler, the British cybersecurity start-up, announces a £2.8 million Seed round, led by Nauta Capital. This milestone builds on the momentum from angel investments received in 2023. Founded to tackle the inefficiencies in enterprise cybersecurity investments, ESProfiler is emerging as a key player in the… Read More

Cybersecurity: Government Agencies Agree Infrastructure Is Vital for Resilience Against Cyber-Attacks – Survey

Government leaders are increasingly pointing to a lack of infrastructure as a barrier to modernization, according to new EY survey The EY survey reportedly reveals “outdated IT, limited funding and an overwhelmed workforce are among top barriers to tech modernization at federal, state and local… Read More

Global Ransomware Attacks Reached Record High in Past Year – Report

Corvus Insurance, the cyber underwriter powered by a proprietary AI-driven cyber risk platform, today released its Q4 2023 Ransomware Report. Featuring data collected from ransomware leak sites, the report shows “that while Q4 attacks were down slightly from Q3 2023, ransomware activity for the year… Read More

Cybersecurity Landscape Is Presenting Key Challenges for Defenders and Threat Actors – Report

The global cybersecurity landscape is evolving at an unprecedented pace, presenting new challenges and opportunities for defenders and threat actors alike, especially with the rapid evolution of AI. In its latest industry findings global survey, EC-Council, inventor of the Certified Ethical Hacker (C|EH) and a… Read More

Web3 and Blockchain Ecosystem Report: Nearly $700M Lost Across 184 Security Incidents in Q3 2023, CertiK Claims

CertiK has released the Web3 Security Report for Q3 2023. CertiK explains that the report aims to serve “as an essential resource and record of statistics for understanding security challenges and vulnerabilities in the Web3 space.” The update from CertiK is intended to equip stakeholders… Read More

Ransomware Incidents Reported to UK’s FCA Doubled in 2023 – Research Report

Ransomware incidents reported to UK financial regulators doubled in 2023, according to an extensive update shared with CI. A Picus Security FOI analysis of cyber incidents reported “to the Financial Conduct Authority reveals an increase in ransomware incidents in the first half of 2023.” Picus… Read More

OurCrowd Portfolio Company Cyabra Closes on $5.7 Million Funding, Announces Mike Pompeo as Director

Cyabra has announced that Mike Pompeo, the former Secretary of State and one-time CIA Director, has joined its Board of Directors. At the same time, Cyabra announced that it had completed a $5.7 million funding round. The securities offering was listed on the OurCrowd platform… Read More

North Korean Hacking Groups Stole $600M in Crypto Last Year – Research Report

Hackers tied to North Korea stole at least USD$ 600 million in cryptocurrency in 2023, according to new research by TRM Labs. Additional hacks carried out in the final days of last year could, if confirmed to “have been committed by North Korea, push this… Read More

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