Infrastructure & Enterprise Software

Infrastructure & Enterprise Software

Rogue mobile banking app presence records 140% year-on-year hike

A report by Outseer has found the presence of rogue mobile banking apps increased 140% compared to the same time in 2020.

Almost half of on-premises databases worldwide vulnerable to attacks

A five-year study by cybersecurity firm Imperva has found up to 46% on-premises databases globally contain at least one vulnerability that could expose them to attacks.

REvil ransomware group returns following short period offline

The REvil ransomware gang – also known as Sodinokibi – has fully returned following a period in the darkness since July this year.

LGBTQ+ community being targeted for extortion on dating apps, US FTC warns

The US Federal Trade Commission (FTC) has warned that extortion scammers are targeting the LGBTQ+ community through dating apps such as Feeld and Grindr.

Almost half of UK consumers would use open banking for quicker loans, better rates

Zopa has found 4 in 10 UK consumers would use open banking to apply for credit if it boosted the chance of getting an offer or gave them access to better rates than banks.

Integrated Finance closes £2m seed round to improve collaboration in finance

Integrated Finance, a FinTech infrastructure platform, has netted £2m in its seed funding round, which will bolster its platform development.

Tenable set to acquire security firm Accurics for $160m

Cyber exposure firm Tenable is planning to purchase cloud-native security company Accurics for a total fee of $160m.

Papaya Global snares $250m in Insight Partners-led Series D

Workforce management platform Papaya Global has raised $250m from a Series D funding round led by Insight Partners and Tiger Global.

Evolon Technology reels in $16m from Series A round

Security company Evolon Technology has secured $16m from a Series A funding round to help it further accelerate growth.

Intel 471 receives strategic investment from private equity firm

Cyber threat intelligence platform Intel 471 has scored a strategic investment from private equity firm Thoma Bravo.

News Stories

FinTech-focused venture firm QED Investors closes fund on $1.05bn

Global FinTech-focused venture capital firm QED Investors has closed its seventh fund on $1.05bn, as it eyes opportunities in US, UK, Latin America and Southeast Asia.

Grow Credit secures $106.3m in seed round made of debt and equity

Grow Credit, which hopes to bolster financial inclusion, has netted $106.3m in its seed round, which comprised of debt and equity.

Kolide raises $17m in round led by OpenView Partners

Endpoint security platform Kolide has picked up $17m in its Series B funding round, which was led by Boston-based venture firm OpenView Partners.

Form3 raises $160m in its Series C round

Form3, a payment technology developer, has closed its Series C round on $160m, which will aid its geographical growth.

Foxquilt bags funding to bolster growth in US and Canada

North American InsurTech company Foxquilt has bagged $8m in a funding round that will support its expansion across the US and Canada.

See how insurance firms can use it to personalise their offering

Did you know that by 2025, almost 30% of all data created, captured, or replicated by consumer devices will be created in real-time.

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