Investments|Sector Updates

Investments|Sector Updates

Verizon report finds 85% of data breaches in 2020 involved human interaction

A report by Verizon has found that over 85% of data attacks in 2020 involved some form of human interaction.

BluBracket to expand go-to-market activities following $12m Series A

US enterprise security firm BluBracket has closed a $12m Series A round led by Evolution Equity Partners.

UK Foreign Secretary calls on Russia to do more against state-backed cybercrime

The UK Foreign Secretary Dominic Raab has said Russia must do more to tackle cybercriminals operating from within their national borders.

Biden signs cybersecurity executive order in wake of pipeline hack

President Joe Biden has signed an executive order aimed at bolstering US cybersecurity defences following the Colonial Pipeline.

Jamf to bring zero trust to Apple following Wandera purchase

US enterprise management software company Jamf is set to acquire zero-trust cloud security firm Wandera for $400m in cash.

US, Israel universities lead consortium aimed at bolstering global cybersecurity

Arizona State University and Israel’s Ben-Gurion University have established a consortium aimed at developing new ways to improve global cybersecurity.

Absolute Software set to purchase NetMotion for $340m

Canadian endpoint resilience solutions provider Absolute Software has agreed a deal to acquire security management platform NetMotion for $340m in cash.

Banks must boost gender diversity to reduce financial crimes and fraud

From board members to regulators, women are still largely underrepresented at all levels in the global financial system. But improving the ratio can reduce the chances of financial crime in a firm, according to Sigma founder Gabrielle Haddad.

US House to reintroduce finance bill aimed at boosting data transparency

The US House of Representatives is planning to use its current session – running to November 2022 – to reintroduce the Financial Transparency Act (FTA).

DevOps firm Cycode bags $20m Series A to expand sales, marketing reach

DevOps security enterprise Cycode has raised $20m from a Series A funding round led by Insight Partners.

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