Cybersecurity firm Arctic Wolf triples valuation to $4.3bn after Viking Global Investors-led $150m round
Minnesota-based Arctic Wolf closed a $150m Series F, nine months after a $200m Series E, boosting its valuation to $4.3bn - more than three times what it was worth at the end of 2020.
Interpol calls for police, industry unity against possible ‘ransomware pandemic’
Interpol has urged police agencies and industry partners to unite to prevent a possible ransomware pandemic from taking hold.
Report finds suspected Chinese state-backed group targeting Asian telecoms
A cybersecurity report has found an alleged Chinese state-sponsored faction is attempting to hack telecommunications organisations in Taiwan, Nepal and the Philippines.
What are the money laundering and fraud concerns around electronic funds transfers?
As more and more people rely on cashless systems to move money around, there is a pressing need to understand how electronic funds transfers (EFTs) – specifically – wire transfers and automated clearing house (ACH) transfers – could be at risk from financial crime.
US court gives fraudster 7-year jail sentence following attempted $2m scam
A US federal judge has sentenced a Houston-based man to a 7-year jail sentence for his role in trying to steal over $2m from victims through romance scams and spoofed emails.
NanoLock Security eyes expanded footprint following $11m Series B
Israeli device protection and management firm NanoLock Security has raised $11m from a Series B funding round.
Cyber insurance market to exceed $20bn value by 2025, report finds
A report by GlobalData has found the cyber insurance industry is predicted to exceed a $20bn gross written premium (GWP) value by 2025.
US will act on cybercriminals if Russia doesn’t, White House Press Secretary warns
US White House Press Secretary Jen Psaki has warned the Russian government that the US will take action against cybercriminal groups if the Russian government fails to do so.
Pixel to acquire Cyphra to tackle growing cybersecurity issues for UK firms
IT company Pixel Holdco is set to purchase Northern Irish cybersecurity firm Cyphra for an undisclosed fee.
Sevco launches cloud security platform following $15m Series A
US firm Sevco Security has officially introduced its cloud-native security asset intelligence platform after it raised $15m in a Series A funding round.
