Tagged: cybersecurity

October 27, 2023 @ 4:50 pm By Omar Faridi  |  

Upfort, a cyber security and insurance platform, today announced it has raised $8 million in a Series A funding round led by SYN Ventures, “with participation of Eniac Ventures and Fika Ventures, which co-led Upfort’s seed round.” This investment round advances Upfort’s goal “to simplify… Read More

October 27, 2023 @ 4:44 pm By Omar Faridi  |  

Accenture (NYSE: ACN) has acquired MNEMO Mexico, a privately held company specializing in managed cybersecurity services. Financial terms were not disclosed. Founded in Mexico City in 2012, MNEMO Mexico “has 229 cybersecurity professionals and 180 cybersecurity industry certifications with key ecosystem partners.” The company’s portfolio… Read More

October 16, 2023 @ 1:05 pm By Omar Faridi  |  

Mastercard (NYSE: MA) and the Cybersecurity and Privacy Institute (CPI) at the University of Waterloo have announced a $550,000 partnership focused on research and talent advancement in cybersecurity. The funding will support projects that increase “Trust in Data” around: fingerprinting, identification and validation, and data… Read More

October 1, 2023 @ 5:00 pm By Omar Faridi  |  

In the DeFi realm, while innovation and opportunity are definitely arising, significant potential risks prevail, according to an update from SlowMist. SlowMist explains that addressing these challenges demands “an active and evolving security approach, parallel in its dynamism and comprehensiveness to the ecosystem it aspires… Read More

September 30, 2023 @ 3:47 pm By Michael Wong  |  

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

September 28, 2023 @ 9:34 pm By Omar Faridi  |  

Lumu, creators of the Continuous Compromise Assessment cybersecurity model that enables organizations to operate cybersecurity proficiently, announced it has closed a $30 million Series B round “led by Forgepoint Capital, with participation from existing investors BIP Ventures, Exceptional Capital and SIMMA Capital. Forgepoint Capital Managing… Read More

September 24, 2023 @ 12:33 pm By Omar Faridi  |  

Nation-state cyber threat activity will push the boundaries of war exclusion language, warns cyber risk analytics specialist CyberCube. In a report examining selected nation-state cyber hot zones to gain insight into the potential cyber (re)insurance impacts of future cyber wars, CyberCube monitors these hot zones… Read More

September 23, 2023 @ 11:15 am By Omar Faridi  |  

Exabeam, a global cybersecurity firm that created New-Scale SIEM for advancing security operations, and a 2023 Google Cloud Technology Partner of the Year for Security – Analytics, announced it is expanding its partnership with Google Cloud in “the development of generative artificial intelligence (AI) models… Read More

September 22, 2023 @ 12:38 pm By Michael Wong  |  

Cisco has confirmed its plans to acquire Nasdaq-listed cybersecurity and observability major Splunk for $157 per share in cash, totaling a whopping $28 billion equity value. Gary Steele, Splunk’s current President and CEO, will soon be integrated into Cisco’s Executive Leadership Team, directly under Chair… Read More

September 7, 2023 @ 8:30 pm By Omar Faridi  |  

evolutionQ, a quantum-cybersecurity company, is pleased to announce a contract to contribute to a Bank of Canada research project involving quantum-safe cybersecurity technologies for greenfield digital currencies. This work highlights the commitment of evolutionQ “to understanding the risk posed by quantum computers to emerging financial… Read More

September 6, 2023 @ 11:31 am By Omar Faridi  |  

In a weekly update, SlowMist reveals that there were approximately $830,000 that were lost in Web3 security incidents. According to statistics from SlowMist’s Blockchain Hacking Archive, from August 28 to September 3, 2023, there were “a total of 7 security incidents, resulting in an estimated… Read More

August 29, 2023 @ 11:49 pm By Omar Faridi  |  

In recent weeks, cybersecurity firms have issued “a dozen ransomware reports, most of which show a considerable increase in attacks,” according to an update shared with CI. As noted in an NCC Group’s July 2023 cyber threat intelligence report, the business saw over 500 attacks… Read More

August 18, 2023 @ 2:26 pm By Omar Faridi  |  

Iris Powered by Generali (Iris), provider of a proprietary identity and cyber protection platform, announced the launch of a white-labeled Identity Theft Resolution and Insurance offering for global enterprise and consumer cybersecurity leader, Trend Micro. This service will be “included in Trend Premium Security Suite… Read More

August 15, 2023 @ 12:42 pm By Omar Faridi  |  

ThriveDX, which claims to be the global leader in cybersecurity and digital skills training, continues its mission to reskill and upskill the global cybersecurity workforce with the launch of a Cybersecurity Apprenticeship Program that will create job opportunities for diverse cyber talent at no-training cost…. Read More

August 14, 2023 @ 4:49 am By Omar Faridi  |  

Check Point Software Technologies Ltd. (NASDAQ: CHKP), a provider of cyber security solutions globally, signs a definitive agreement to acquire Perimeter 81, a pioneering Security Service Edge (SSE) company. With this acquisition, Check Point will “help organizations accelerate the adoption of secure access across remote… Read More

August 8, 2023 @ 8:32 am By Omar Faridi  |  

Uppsala Security, a provider of security tools and services for Crypto AML/CTF, Transaction Risk Management, Regulatory Compliance, Transaction Tracking, and Cyber Security announced a significant collaboration with CryptoTax, a virtual asset tax service platform headquartered in South Korea. This strategic partnership is geared “towards fostering… Read More

August 1, 2023 @ 10:58 pm By Omar Faridi  |  

Uppsala Security, which claims to be a pioneering digital asset cybersecurity and regulation technology (Regtech) project, recently announced a significant milestone in its mission to protect virtual asset investors. The company signed a momentous “MOU” with Bitcmon, a virtual asset exchange, to enhance response capabilities… Read More

July 30, 2023 @ 9:05 pm By Omar Faridi  |  

Trustmi announced its official launch as a pioneering leader in business payments security. The cybersecurity Fintech company says that it “offers an intuitive, end-to-end solution that helps businesses protect their bottom line by eliminating losses from cyberattacks, internal collusion, and human error, ensuring payments go… Read More

July 29, 2023 @ 3:39 pm By Tony Zerucha  |  

The Securities and Exchange Commission (SEC) this week adopted rules requiring registrants to disclose material cybersecurity incidents they experience and, on an annual basis, material information regarding their cybersecurity risk management, strategy, and governance. The SEC also adopted rules requiring foreign private issuers to make… Read More

July 26, 2023 @ 7:53 am By Omar Faridi  |  

Thales (Euronext Paris: HO) announces that it has reached an agreement with Thoma Bravo, a major software investment firm, for the acquisition of 100% of Imperva, a US-based data and application cybersecurity company, for an enterprise value of $3.6 billion1. With this acquisition, Thales is… Read More