Tagged: security

Cybersecurity Firms Release Ransomware Reports, Revealing Considerable Increase in Cyberattacks

In recent weeks, cybersecurity firms have issued “a dozen ransomware reports, most of which show a considerable increase in attacks,” according to an update shared with CI. As noted in an NCC Group’s July 2023 cyber threat intelligence report, the business saw over 500 attacks… Read More

DLT Adoption: Built on Cardano, Mithril Prioritizes Security While Improving Chain Synchronization

Built on Cardano, Mithril prioritizes security while “aiming to enhance the efficiency of chain synchronization and state bootstrapping.” As noted in a blog post by IOG, security is of the utmost importance in “any cryptographic protocol for safeguarding the integrity, confidentiality, and authenticity of transactions… Read More

Cybersecurity: Cypago Raises $13M, Introduces Cyber GRC Automation Platform

Cypago announced the release of its Cyber GRC Automation (CGA) platform, enhancing the GRC space by bridging the gap between management, security, and operations teams. This announcement follows the company’s $13M in total funding “led by Entrée Capital, Axon Ventures, and Jump Capital, including prominent… Read More

Anura, an Ad Fraud Solution Firm, Reportedly Completes SOC 2 Audit

Anura Solutions, LLC, an ad fraud solution company, announces its successful completion of its SOC 2 Type 1 audit for 2023. This achievement demonstrates Anura’s dedication to “maintaining the highest standards of data security, operational excellence, and customer trust.” Beth Kahn, Co-Founder and CFO of… Read More

CUBE3.AI Launches Real-Time Web3 Transaction Security Platform to Block Malicious Threats

CUBE3.AI, the real-time web3 transaction security platform that blocks malicious threats, announced that its platform is generally available, and that it “has raised $8.2 million in seed funding led by Blockchange Ventures, with participation from Dispersion Capital, Symbolic Capital, Hypersphere Ventures, ICLUB and TA Ventures…. Read More

Cybersecurity Provider Check Point to Acquire Perimeter 81 to Deliver the Secure SASE Solution

Check Point Software Technologies Ltd. (NASDAQ: CHKP), a provider of cyber security solutions globally, signs a definitive agreement to acquire Perimeter 81, a pioneering Security Service Edge (SSE) company. With this acquisition, Check Point will “help organizations accelerate the adoption of secure access across remote… Read More

Web3 Development: SphereX Introduces Security Solution for Smart Contracts

SphereX, a web3 security company, has raised $8.2 million in seed funding and launched SphereX Protect, a decentralized security solution for smart contracts. This solution prevents vulnerabilities “in the code from being exploited and maintains contract operation even under threat.” SphereX, a web3 security platform,… Read More

Web3 Adoption: Spearbit Raises Funding to Launch Cantina, a Marketplace for Web 3 Security Audits

Spearbit, a smart contract audit and security solutions firm with clients such as Polygon, OpenSea, Optimism and more, announced that it “has raised a $7 million funding round led by Framework Ventures, a venture capital firm known for its early entry into decentralized finance (DeFi)… Read More

Virtusa, Thought Machine Launch SME Client Onboarding Platform to Enhance Business Banking

Virtusa Corporation, a global provider of digital strategy, digital engineering, and information technology (IT) services and solutions, in collaboration with Thought Machine, a pioneer in cloud-native core banking technology, unveils the groundbreaking SME Customer Onboarding Platform. This solution empowers financial institutions “to expedite and digitize… Read More

Web3 Adoption: Celo Foundation Reveals Google Cloud Is Running Validator on the Celo Network

Celo Foundation announced that Google Cloud is running a validator on the Celo network, which is helping to strengthen the overall security of the network. This initiative builds on Google Cloud and the Celo Foundation’s April announcement to support sustainability-focused startups “in the Celo ecosystem… Read More

Digital Asset Taxation: CryptoTax, Uppsala Security Focus on Technical Collaboration

Uppsala Security, a provider of security tools and services for Crypto AML/CTF, Transaction Risk Management, Regulatory Compliance, Transaction Tracking, and Cyber Security announced a significant collaboration with CryptoTax, a virtual asset tax service platform headquartered in South Korea. This strategic partnership is geared “towards fostering… Read More

Worldcoin Crypto Initiative Suspended by Authorities in Kenya Due to Consumer Privacy-related Concerns

Kenya’s interior ministry revealed on Wednesday (August 2, 2023) that it would be suspending the local activities of the crypto-related initiative Worldcoin as the nation’s authorities assess various risks to the public’s general safety. The initiative established by OpenAI Chief Executive Officer Sam Altman was… Read More

Uppsala Security, Bitcmon Exchange to Provide Rapid Damage Response, Investor Protection Center Support

Uppsala Security, which claims to be a pioneering digital asset cybersecurity and regulation technology (Regtech) project, recently announced a significant milestone in its mission to protect virtual asset investors. The company signed a momentous “MOU” with Bitcmon, a virtual asset exchange, to enhance response capabilities… Read More

Digital Banking: Kuwait International Bank Introduces Corporate Financial Services Platform

Kuwait International Bank (KIB) has announced the launch of its Corporate Online Banking platform, heralding “a new phase of financial empowerment and security for its corporate customer.” The launch falls in line with the Bank’s commitment “to digital innovation and expanding its modern banking solutions.”… Read More

Investment Platforms: Alpaca Enhances Data Security Measures with Renewal of SOC 2 Type 2 Compliance

At Alpaca, they claim to be all about keeping your data safe and secure. This is why they’re pleased to announce the successful renewal of its SOC 2 Type 2 compliance. Alpaca says it takes pride in their commitment “to maintaining the highest standards of… Read More

Cybersecurity-focused Fintech Trustmi Introduces Business Payments Security Solutions

Trustmi announced its official launch as a pioneering leader in business payments security. The cybersecurity Fintech company says that it “offers an intuitive, end-to-end solution that helps businesses protect their bottom line by eliminating losses from cyberattacks, internal collusion, and human error, ensuring payments go… Read More

Embroker, the Business Insurance Platform, Teams Up with Dashlane, a Password Management Provider, and Cowbell, a Cyber Insurance Firm

Embroker, the digital platform making it radically simple to get business insurance, today announced strategic partnerships with Dashlane, a security-first password management provider, and Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs). With these, Embroker increases customer security through Dashlane’s… Read More

Thales Reaches Agreement with Thoma Bravo for Acquisition of Imperva, a Cybersecurity Firm

Thales (Euronext Paris: HO) announces that it has reached an agreement with Thoma Bravo, a major software investment firm, for the acquisition of 100% of Imperva, a US-based data and application cybersecurity company, for an enterprise value of $3.6 billion1. With this acquisition, Thales is… Read More

UK’s Archax, the FCA Regulated Digital Asset Exchange, Gains ISO27001 Certification, Ensuring Security and Compliance

Archax, the FCA-regulated digital asset exchange, broker, and custodian, today announced that it has successfully gained ISO27001 certification; a testament to its commitment to meeting strict security and compliance standards. This certification is backed by the International Standards Organization (ISO), “providing assurance for all Archax… Read More

Dr. Shira Brezis Co-Founder of Redefine: DeFi, Web3 Security Professional Comments on Safety Issues in Decentralized Finance and Role of Financial Institutions

We recently connected with Dr. Shira Brezis, CEO & Co-founder of Redefine, the “first” end-to-end security tech for DeFi investors. Dr. Shira discussed major issues financial institutions are concerned about regarding safety and security for web3 investing. Redefine helps enable secure transactions, monitor in real-time,… Read More

Send this to a friend