With the total market capitalization of cryptocurrencies estimated to be more than US$200 billion, it’s evident to industry observers that the crypto industry has been rapidly on the rise in recent times. Inevitably, with the rise, comes bad actors who see it as an opportunity profit from it in unscrupulous ways. In the first half…
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Pawel Kuskowski, CEO at London-based Coinfirm, a company focused on developing regulations technology, or Regtech, for blockchain-based financial assets, estimates that there’s $10 billion in stolen cryptocurrencies. In order to help victims recover their funds, Coinfirm has partnered with cybersecurity firm Krollwire to launch ReclaimCrypto.com. There’s usually no recourse for people who’ve lost their crypto…
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The National Cyber Security Centre (NCSC) has revealed it has protected the UK from more than 600 cyber-attacks in the past year This announcement comes as the NCSC releases its third annual review where it also explains other actions it has taken to protect the public. This includes an initiative to stop hundreds of thousands of people…
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Over half of UK businesses do not yet appear to be fully GDPR-compliant, and many have de-prioritised their compliance efforts As the European Union General Data Protection Regulation (GDPR) legislation nears its 18 month anniversary, research by security software supplier Egress has suggested that 52% of UK businesses are not fully compliant with the rules,…
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Cybersecurity Asset Management company Axonius has netted $20m in its Series B round which was led by new investor OpenView. Existing backers of Axonius including Bessemer Venture Partners, YL Ventures, Vertex, WTI, and Emerge, also contributed funds to the round. The new proceeds bring Axonius’ total equity raised to $37m. The funding comes just months…
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Paychex has launched cyber liability protection which will help companies with costs from data breaches, hackers, ransomware and banking fraud. The new policy helps businesses mitigate the potential financial impacts of cyberattacks, with access to 24/7 crisis management. Policyholders get protection for potential fines or penalties from state or federal agencies if they are found…
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More than one-fifth of UK firms have been impacted financially by cyber attacks, yet potentially more than three-quarters of companies polled have never been insured for cyber-related losses Some 22% of UK businesses have suffered a cyber attack that has cost them financially, according to a survey of more than 1,000 senior decision-makers from UK…
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TypingDNA has partnered with cybersecurity startup XTN Security to help banks better defend themselves from fraud threats. As part of the deal, TypingDNA’s typing biometrics will integrate with XTN’s behavioural fraud prevention software to passively recognise users based on their typing patterns. With increased threats of cybercrime and regulations such as PSD2 and its strong…
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You’re using strong and unique passwords. You’re on the lookout for phishing emails. And you’ve set up two-factor authentication on every account that offers it. Basically, you’re acing Personal Cybersecurity 101. But with new threats popping up all the time, you may be looking for other steps you can take to protect yourself. Here’s an…
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ConnectWise deploys business management technology to improve a range of business operations ranging from sales and services through to project tracking and back-office functions. With the integration of ThreatLocker, the clients that use managed IT service providers will be able to access new solutions such as application whitelisting, ringfencing and storage device control. ThreatLocker gives…
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