Blockchain Security Firm CYBAVO Raises $4 million in Pre-Series A Funding Round

• 4 years 10 months ago
• Blockchain, Security, Cybersecurity

Singapore-based blockchain security firm CYBAVO announces that it has raised $4 million USD in its Pre-Series A funding round. The round, completed in June, was co-led by global venture capital firm 500 Startups, Taiwan's H&D Asset Management Company and New Economy Ventures. Other investors from Taiwan, Silicon Valley, Singapore, Hong Kong and Japan also participated in the round.

40% of Businesses Feel Threatened by Cyber Incidents in 2021

• 4 years 10 months ago
• Security, Cybersecurity

Over the years, cyber attacks and data breaches became one of the biggest risks in the business sector, compromising sensitive data and causing a massive financial hit to companies and organizations worldwide.

SGT Capital Purchases Utimaco, the Global Leader in Cybersecurity Solutions

• 4 years 11 months ago
• Investment, Cybersecurity

- SGT Capital to purchase Utimaco, the global leading provider of mission-critical professional cybersecurity and data intelligence solutions for regulated critical infrastructures - Co-headquartered in Aachen, Germany, and Campbell, CA, US, Utimaco provides on-premises and cloud-based hardware security modules, as well as key management solutions and compliance solutions for governments and corporations globally

UK Reports £5.7m In Cyber Crime Financial Loss so Far this Year – with One Third Coming from Businesses

• 4 years 11 months ago
• Cybersecurity

From the start of 2021, the UK has reported a total of 14,883 instances of cyber crime, with the total losses of £5.7m  Despite 90% of offences being made against the public, UK businesses have reported £1.9M of losses - a third of the total figure  Offences involving hacking, social media and email account for 6.3k of reported incidents  Primary targets for cyber crime appear to be tech-savvy individuals under 40 

Crédit Agricole, Facebook, and Microsoft are the Most Impersonated Brands in URL Phishing Attacks

• 4 years 11 months ago
• Payments, Cybersecurity

Criminals continue to impersonate well-known brands to trick people into giving up their personal information.  

Financial Services yet to Grasp Risk Management & ESG Opportunities

• 4 years 11 months ago
• Cloud, Cybersecurity, Risk Management

Half of Financial Services and Insurance (FS&I) businesses are missing the opportunity to implement technology which is vital to supporting risk management and compliance in line with regulatory standards, new figures from Atos reveal.

Cybercriminals Narrow their Focus on SMBs According to the Acronis Cyberthreats Report Mid-year Update

• 4 years 11 months ago
• Security, Cybersecurity

Despite the perception they are too small to target, SMBs are increasingly vulnerable due to supply-chain attacks and greater use of automation by ransomware groups

Increased Risk For Cyberattacks On Businesses Since Start Of The Pandemic

• 4 years 11 months ago
• Covid-19, Cybersecurity, Security

Avast Global Risk Report shows businesses in the United Kingdom have a monthly risk ratio of 11% of getting attacked by any type of PC malware

Google Play Protect Detects Only 31% of Android Stalkerware

• 4 years 11 months ago
• Security, Cybersecurity

Venari Security Raises Series A Funding to Help Organisations Fight Back Against Rapidly Growing Encrypted Traffic Threat

• 4 years 11 months ago
• SaaS, Security, Cybersecurity

Biggest names in security invest in ground-breaking solution to detect encrypted malware threats in real-time

Global FinTechs can Get Powerful Encryption Technology with Cloud-based Security

• 4 years 11 months ago
• Cloud, Security, Cybersecurity, Compliance

FinTech has been an incredible boon to people around the world during the recent pandemic, and has allowed millions of people who previously had no access to banking or lending to leave the 1.7 billion unbanked.

UK Reports £5.7M in Cyber Crime Financial Loss So Far This Year

• 4 years 11 months ago
• Cybersecurity

UK reports £5.7m in cyber crime financial loss so far this year – with one third coming from businesses  From the start of 2021, the UK has reported a total of 14,883 instances of cyber crime, with the total losses of £5.7m  Despite 90% of offences being made against the public, UK businesses have reported £1.9M of losses - a third of the total figure 

Cryptomathic and UTIMACO Partner to Deliver Integrated eIDAS Compliant Remote Qualified e-Signature Solution for Banks, Governments and Trust Service Providers

• 4 years 11 months ago
• Banking, Security, Cybersecurity, Compliance

Consolidated security model enables providers to leverage the functionality of their preferred authentication solution to seamlessly introduce qualified remote e-signing services with the highest level of legal assurance

Acronis Integrates with Jamf, Expanding Support for Service Providers Handling macOS Clients

• 4 years 11 months ago
• Security, Cybersecurity

Acronis, the global leader in cyber protection, today unveiled the latest integration of its award-winning service provider solution, Acronis Cyber Protect Cloud, with Jamf, the standard in Apple Enterprise Management (AEM).

51% of Exploits Sold on Underground Forums Are for Microsoft Products

• 4 years 11 months ago
• Security, Cybersecurity

Cybercriminals sell found software vulnerabilities to each other, increasing their profits and causing more damage along the way.