Cyware secures $10m in its Series A round to support product enhancements
Cyware, which helps businesses to create a centre for cybersecurity operations, has bagged $10m in its Series A round.
Cybersecurity and InsurTech startups behind many of the 27 rounds raised last week
Of the 27 FinTech companies to raise rounds in the last seven days, cybersecurity and InsurTech companies enjoyed the most cash injections.
Spin Technology releases cyber liability insurance product
Spin Technology has released a cyber liability insurance service to help companies cope with the rising threats online.
Germany to launch federal cybersecurity agency
Germany has announced that it is putting €350m ($412m) into launching a federal agency to protect the nation against digital threats.
Covid-19 pushed cybersecurity to the top of IT professionals’ concerns
Almost nine out of ten IT professionals say their main priority now is to boost their digital defences, according to new research from Hitachi ID.
Big businesses responsible for major cyber vulnerabilities in the UK
Lots of financial services companies leave themselves exposed to hacks by using unpatched services, according to a new report by Rapid7.
Check out the 29 FinTech companies to raise rounds last week
Last week's FinTech funding rounds highlight the fractured neobank scene, show the sector's coronavirus struggles and demonstrate some areas industry stakeholders should be interested in right now.
Capital One to pay $80m fine for its data breach last year
Capital One Financial has been ordered to pay an $80m fine by the Office of the Comptroller of the Currency (OCC) after its data breach in 2019.
The cost of data breaches has gone up during Covid-19
While the average cost of a data breach in Canada has increased by 6.7% in the last year, companies have become faster at spotting them.
The eight startups picked for the Holt Fintech Accelerator’s 2020 batch
Canadian Holt Fintech Accelerator has announced the eight FinTech companies to join its 2020 cohort.
