Tag: CyberTech

A survey by cybersecurity company Sophos has found that retail organisations have become a popular target for ransomware and data stealing during the pandemic.

Singapore-based blockchain security solution provider Cybavo has bagged $4m in pre-Series A funding.

Consumer antivirus company NortonLifeLock has entered an agreement to purchase competitor Avast in a deal valued between $8.1bn and $8.6bn.

A report published by US Senate Committee has found only one of eight federal agencies showed improvements in strengthening their cybersecurity programs.

President Joe Biden has claimed the US is more likely to end up in a ‘real shooting war with a major power’ due to cybercrime than any other form of conflict.

The list of CyberTech unicorns is continuing to grow rapidly. Over the past 18 months, cybersecurity systems have only become more important, with firms posed with new landscapes and a rise in threats.

The FBI has warned of potential cyber threat actors targeted the upcoming Olympic Games in Tokyo this summer.

US cloud-native identity governance firm SecurEnds has closed a $21m Series A funding round led exclusively by venture capital company Elephant.

A report by GlobalData has found the cyber insurance industry is predicted to exceed a $20bn gross written premium (GWP) value by 2025.

Speed is vital during a cyberattack. The quicker a company can respond to an incident, the greater the chance to minimise the negative impact it has, according to Kroll head of EMEA cyber risk, Andrew Beckett.