Tag: Security

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.

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?

Most security professionals believe remote workers face weak security risk

A survey has found a majority of IT security professionals believe remote workers face bigger security risks due to being isolated from their companies’ security teams.

Alessa chosen by payments firm Vitesse to bolster transaction security

International payments provider Vitesse has picked Alessa by Tier1 Financial Solutions to help enable secure real-time global payment transactions.

NanoLock Security eyes expanded footprint following $11m Series B

Israeli device protection and management firm NanoLock Security has raised $11m from a Series B funding round.

Sevco launches cloud security platform following $15m Series A

US firm Sevco Security has officially introduced its cloud-native security asset intelligence platform after it raised $15m in a Series A funding round.

EU tech law risks destroying iPhone security, Apple chief warns

The CEO of Apple has warned that a proposed new European Union technology law aimed at reigning in tech behemoths could ‘destroy the security of the iPhone’.

US Department of Justice recovers most of Colonial Pipeline ransom payment

The US Department of Justice (D.O.J) has revealed it has recovered the majority of the $4.4m ransom payment paid by Colonial Pipeline to the DarkSide ransomware variant.

Cloud security platform Uptycs nets $50m in its Series C round

Uptycs, which leverages cloud-native security analytics to protect endpoints, has netted $50m in its Series C round, which was led by Norwest Venture Partners.

Japan suffers large cyberattacks following government, airport hacks

Japan has experienced two recent cyberattacks that were directed at the Fujitsu company and Greater Tokyo-based Narita Airport.

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