Security Technology

KB Bank taps cybersecurity firm Trustonic to boost its app’s authentication process

Mobile cybersecurity company Trustonic has been implemented by KB Kookmin Bank (KB Bank) to enable a simpler authentication experience for users of the banks smartphone app.

How the coronavirus led to a the UK upping the contactless payment limit to...

Britain is increasing the spending cap for contactless payments from £30 to £45 from April 1 to help people cope with the coronavirus outbreak. However, the move may increase the risk of fraud.

Axonius nets $58m in Series C round led by Lightspeed Venture Partners

Cybersecurity startup Axonius has closed a $58m Series C funding round just seven months after closing its Series B round in August 2019.

Three risks financial firms face when not being serious about protecting their digital assets

Every company has digital assets, but not all of them are doing enough to protect them, which could lead to massive problems down the line.

Last year’s jump in global RegTech activity was driven by increased investment in cybersecurity...

Cybersecurity companies continue to be leading the growth of the global RegTech sector when it comes to investment.

18 FinTech and RegTech startups investment rounds you missed last week

From: FinTech Global Despite coronavirus fears, the last week saw a number of FinTech companies raise money. From TierPoint's massive $320m round to Pruvo's $1.1m,...

“It’s creepy” – facial recognition app Clearview AI scraped three billion private pictures by...

Clearview AI, an Australian tech startup backed by Peter Thiel, might change how privacy work, according to a new expose in The New York...

Cybersecurity expert warns AI bias could spell out serious risks

Having biased programmers and data sets could lead to your digital defences being too weak, warns Aarti Borkar, vice president at IBM Security, IBM’s cybersecurity arm.

Valimail secures $45m investment from Insight Partners

Email authentication platform Valimail has received $45m Series C investment from Insight Partners bringing its total funding raised to $84m.

Cybersecurity training startup KnowBe4 passes $800m valuation with KKR, Ten Eleven Ventures backing

Cybersecurity awareness training and simulation platform KnowBe4 has hit a valuation of more than $800m thanks to an investment from buyout giant KKR and Ten Eleven Ventures.

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