Tagged: cybersecurity

Allurity Acquires Aiuken to Establish European Cybersecurity Platform

Allurity has acquired Spanish multinational Aiuken, as “an important step in its journey to becoming Europe’s leading cybersecurity provider.” Aiuken brings an entire SOC platform “spanning three continents, as well as its Cloud Security and SOC-as-a-Service platforms.” This deal takes Allurity one step closer “to… Read More

Naoris Protocol Teams Up with WACEO, a DAO focused Non-Profit Supporting Blockchain Platforms

Naoris Protocol, the blockchain and AI-based Decentralized CyberSecurity Mesh that restores cybersecurity across all sectors of the economy, is announcing a partnership with WACEO, a non-profit specialized in governance, legal, and regulatory compliance “serving DeFi projects, DAOs, DEXs, and other Web3 projects across the globe.”… Read More

Cybersecurity Firm Drawbridge Announces New Investment from Francisco Partners

Drawbridge, a provider of cybersecurity software and solutions to the financial services industry, announced a growth investment from Francisco Partners, a global investment firm that “specializes in partnering with technology businesses.” Existing investor Long Ridge and Drawbridge’s leadership team will “remain significant equity holders in… Read More

Naoris Protocol Teams Up with Router, the Infrastructure Protocol Supporting Multi-Chain Communication

Naoris Protocol, the blockchain and AI-based “decentralized” cybersecurity mesh that restores cybersecurity across all sectors of the economy, is partnering with Router Protocol, the cross-chain infrastructure layer that “enables communication between blockchains.” Router Protocol is “a modular layer and cross-chain bridge that connects different blockchains… Read More

VC Firm Cyberstarts Finalizes $60M Seed Fund III

Cyberstarts, a venture capital firm focused on building next generation cyber companies, announced the closing of Cyberstarts Seed Fund III “with $60 million committed capital to invest in early stage cybersecurity companies.” This fund was “raised only a few months after the firm raised $200… Read More

Security Firm SlowMist Shares Detailed Solana Hack Analysis

On August 3, 2022, a large-scale incident of currency theft occurred on Solana, and a large number of users “transferred SOL and SPL tokens without their knowledge,” the SlowMist team noted in their analysis of the incident. The SlowMist security team “tracked and analyzed this… Read More

Talon Cyber Security Finalizes $100M Series A to Enhance Security for the Future of Work

Talon Cyber Security, the “secure” enterprise browser provider, recently announced $100 million in Series A funding, led by Evolution Equity Partners, “with participation from Ballistic Ventures, CrowdStrike’s Falcon Fund, Merlin Ventures, SYN Ventures and previous investors CrowdStrike co-founder and CEO George Kurtz, Lightspeed Venture Partners,… Read More

Cybersecurity Firm Glasswall CEO Comments on $540M Crypto Hack

Cybercriminals have reportedly “duped” a senior engineer at a crypto-based online gaming company, Axie Infinity, into applying for a job at a “fictitious” company. The result: “the loss of $540 million in cryptocurrency,” according to an update shared with CI (and also widely reported). While… Read More

Zero Threat Endpoint Protection to Combat Ransomware Introduced by Xcitium

Comodo Security Solutions has announced a rebranding to Xcitium, as the company launches its patented “zero threat” endpoint technology “to combat an increase in ransomware and other malware across all industries.” Xcitium Zero Threat is reportedly “the only solution on the market that entirely eliminates… Read More

Cybersecurity Startup watchTowr Raises $8 Million Pre-Series A

watchTowr, a Singapore-based cybersecurity startup has raised $8 million in a pre-Series A round led by Prosus Ventures and Vulcan Capital. Previous investor Wavemaker Partners also participated in the round. Prior to this round, watchTowr raised seed funding of $2.25 million. watchTowr said it will… Read More

NFTs: OpenSea Data Breach Highlights NFT Security Vulnerabilities, Report Reveals

Following the news that non-fungible token (NFT) marketplace OpenSea had suffered a data breach, Kaleb Ells, Analyst on the Thematic Team at GlobalData, a data and analytics company, noted: “This mass data breach highlights that OpenSea is not yet providing the security fundamentals that are… Read More

Thrive Acquires Edge Tech Group to Become Major Cybersecurity Managed Services Provider

Thrive, a provider of cybersecurity and digital transformation managed services, announced  that it has acquired Connecticut-based Edge Technology Group, a global technology advisory and fully-managed IT service provider for alternative investment managers. The acquisition of Edge Technology Group “adds new global offices and data centers… Read More

BIS Innovation Hub Announces New Projects, Expands Cybersecurity, Green Finance Experiments

The Bank for International Settlements (BIS) Innovation Hub is announcing a new set of projects across its various centers, “updating its 2022 work program.” They include the first three projects of the upcoming Eurosystem Centre and the first in-depth explorations in cybersecurity. The Eurosystem Centre… Read More

Cybersecurity Now an Integral Part of All Systems, Policies, Procedures, Industry Standards, Regulations: Report

Cybersecurity has been around for many years, albeit initially “confined to antivirus software with a limited understanding of network security,” according to an update from Juniper Research. The “exponential” growth of interconnectivity and personal and business information online in the late 1990s and 2000s, and… Read More

Mastercard Enhances Cybersecurity Consulting Practice with Cyber Front Threat Simulation Platform

With cybercrime expected to cost $10.5 trillion annually by 2025, innovating cybersecurity remains critical across industries “facing rapid digitization.” Mastercard (NYSE: MA) has announced the launch of new attack simulation and assessment platform Cyber Front, “enabled by a strategic minority investment in Picus Security.” The… Read More

Hetz Ventures Secures $123M Fund for Thematic Seed, Pre-Seed Investments

Hetz Ventures, one of Israel’s seed-stage venture capital funds, recently announced the closing of its third fund of $123 million. The new fund, Hetz III, brings the firm’s total assets under management to nearly $300 million, and like its previous fund, “was heavily oversubscribed.” Hetz… Read More

Traceable AI Announces $60 Million Series B,

Traceable AI, a firm that “protects APIs from the inside” has raised a $60 million Series B round at a valuation of around $450 million. The funding was led by Institutional Venture Partners (IVP), and includes the participation of Tiger Global Management and existing investors… Read More

Sabanci Acquires Israeli OT Cybersecurity Startup Radiflow

Radiflow, an Israeli OT cybersecurity startup, announced that it is being acquired in “a two-phase process by Sabanci Group, market leaders in the financial services, energy, and industrial sectors.” As mentioned in an update shared with CI, the initial phase entails “a $45 million primary… Read More

Bug Bounty, Vulnerability Platform Intigriti Raises €21 Million Series B

Intigriti, a bug bounty and vulnerability disclosure platform, has raised €21,133,700 million in a Series B funding round, according to a company statement. The funding was led by Octopus Ventures, along with the Germany-based fund EnBW New Ventures. Previous investors and Intigriti’s largest shareholder, ETF… Read More

Utimaco, a Provider of Cybersecurity and Compliance Solutions, Acquires Celltick

Utimaco, an international provider of cybersecurity and compliance solutions, recently announced that it has signed a Share Purchase Agreement with Celltick, a global provider or Public Warning Systems (PWS), Mass Notification Systems (MNS), and one of the largest CBC (Cell Broadcast Center) providers. Recent natural… Read More

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