Tag: Cyber

Accenture hit by ransomware attack by LockBit 2.0 group

IT consultancy giant Accenture has suffered a ransomware hack at the hands of ransomware group LockBit 2.0.

US making cybersecurity progress but work still needed, congressional report details

A report by the US Cyberspace Solarium Commission has found the US has made significant progress in shoring its cyber defences but that its work is not over yet.

Retail firms popular target for ransomware and data-theft, survey finds

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

Cybavo looks to speed up global expansion with $4m pre-Series A...

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

OwnBackup to expand market reach after snaring $240m in Series E...

US data protection solutions provider OwnBackup has secured $240m from a Series E funding round at a valuation of $3.35bn.

Will cyberspace be a battlefield for financial institutions?

The cyberspace race is heating up. Over the past year, the number of ransomware and general cyberattacks have increased dramatically, with more companies, individuals and even governments falling into digital bear traps. How will this growing problem impact financial institutions?

Antivirus firm NortonLifeLock set to snap up Avast in $8.6bn deal

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

Israeli cybersecurity firm SIGA snares $8.1m in Series B round

Operational technology cybersecurity business SIGA OT Solutions has secured funding of $8.1m from a Series B capital raise.

US Senate report finds government agencies failing to improve cyber posture

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

US to bolster cyber synergies with new defence center launch

The US government has revealed it is introducing a new cyber defence center focused on strengthening collaboration between the public and private sector.

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