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.
DarkSide ransomware behind Colonial Pipeline incident, FBI claims
The FBI has declared that the cybercriminal behind the recent Colonial Pipeline was a ransomware variant known as DarkSide.
Largest US pipeline operations halted following ransomware attack
Operations at the Colonial Pipeline have been brought to a standstill following a ransomware cyberattack that affected some of its IT systems.
EBA launches consultation on money laundering, terrorism financing in the EU
The European Banking Authority (EBA) has introduced a public consultation on a database on anti-money laundering and countering terrorism financing (AML/CFT) in the EU.
French, EU cybersecurity heads stress greater cooperation, resources importance
The heads of the European and the French cybersecurity agencies have called for a greater level of cooperation and more resources to compete in the cybersecurity spending race.
Cybersecurity platform Huntress lands $40m as it pursues to help SMEs tackle online threat
Threat detection and mitigation company Huntress scored a $40m Series B investment round led by JMI Equity.
AI-driven fraud protection company for InsurTechs Shift Technology earns the horn after $220m round
SaaS provider of AI-driven decision automation and optimisation solutions for the insurance industry Shift Technology closed a $220m fundraising bringing its valuation to over $1bn.
Vanta closes $50m funding round to launch new products, expand footprint
San Francisco-based cybersecurity firm Vanta has closed a $50m funding round led by Sequoia Capital with participation from Y Combinator.
Cybercrime cases continue to rise as Belgium becomes most recent victim
The company that provides internet services for Belgium’s parliament, government departments, universities and scientific institutions has suffered a cyberattack.
Companies spending more on cybersecurity to combat threats, report finds
A report conducted across the US, UK and mainland Europe has found many firms are spending more on cybersecurity to combat growing threats in cyberspace.
