Eye Security Raises $39 Million Led by JPMorgan as EU Ransomware Attacks Jump

Dutch cybersecurity firm Eye Security has reportedly raised $39 million to expand throughout Europe. The company’s funding round was led by JPMorgan Chase’s growth investment arm, The Wall Street Journal (WSJ) reported Sunday (March 10), noting that the financing is happening amid a jump in ransomware attacks. The report, citing information from the European Digital SME Alliance, said that such…

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GISEC Global Celebrates Women in Cybersecurity Ahead of Annual Exhibition

Leading female figures in the global cybersecurity industry will unite at the regional super-connector to discuss the obstacles and opportunities shaping their careers As the Middle East’s largest and most impactful cybersecurity event, GISEC Global continues to provide a solid platform and expand the opportunities for women in the field, fuelling the growth of a…

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Google Launches AI Initiatives to Enhance Cybersecurity

Google has launched few AI based initiatives that is based on AI Cyber defense to leverage to boost cyber security. The company also announced $2 million in research grants and strategic partnerships to support research at several institutes, including The University of Chicago, Carnegie Mellon, and Stanford. The program supports universities to train the next…

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The Govt. Launches ‘Chakshu’ Portal for Customers to Report Suspected Fraud Communications

The government has been persistently making efforts to check cyber frauds under the secure India project, at three levels- National, Organisational and Individual, said Ashwini Vaishnaw, Minister of Communications, Railway, and Electronics & Information Technology. For coordination among the stakeholders to curb misuse of telecom resources in cyber-crime and financial frauds, ‘Chakshu’ facility on Sanchar…

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U.S. Court Orders NSO Group to Hand Over Pegasus Spyware Code to WhatsApp

A U.S. judge has ordered NSO Group to hand over its source code for Pegasus and other remote access trojans to Meta as part of the social media giant’s on-going litigation against the Israeli spyware vendor.   The decision marks a major legal victory for Meta, which filed the lawsuit in October 2019 for using its infrastructure to distribute the spyware to approximately…

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President Biden Blocks Mass Transfer of Personal Data to High-Risk Nations

U.S. President Joe Biden has issued an Executive Order that prohibits the mass transfer of citizens’ personal data to countries of concern. Key pointers in The Executive Order: The Executive Order also “provides safeguards around other activities that can give those countries access to Americans’ sensitive data,” the White House said in a statement. This includes sensitive…

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Tata Elxsi Announces Partnership with AccuKnox for 5G Managed Security Services for Operators

Tata Elxsi, through its NEURON product suite, announces a strategic partnership with Accuknox, the developer of NIMBUS, a state-of-the-art cloud-native security solution. This collaboration marks a significant advancement in network transformation and security, offering operators a comprehensive solution for building and securing autonomous networks. NEURON, telco automation platform, comprises of a comprehensive suite of transformation…

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Cyber security Insurance Market to Surge 18.2% CAGR, Reaching US$ 61.2 Billion by 2032

Due to the rapidly increasing ransomware attacks, more businesses from small companies to big brands are purchasing cyber insurance plans to help mitigate potential losses in the event of a breach. The cyber security insurance market is expected to reach US$ 11.5 Billion in 2022, registering a CAGR of 18.2% from 2022 to 2032. Growing security threats and financial…

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Global Cybersecurity Association launches GCA Index

The Global Cybersecurity Association (GCA), a dedicated non-profit body, announced the launch of ‘GCA Index’ at a conference in New Delhi titled “Empowering Cybersecurity: Bringing youth, industry citizen & government on a common platform”. This first-of-its kind Index will serve as a go-to reliable resource, offering insights into various use cases and highlighting products, services,…

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Rs 837-cr Cyber Security Project for a CyberSafe Maharashtra: CM Eknath Shinde

Maharashtra Chief Minister Eknath Shinde on Thursday said planning is on for a cyber security project worth Rs 837 crore to prevent and solve digital-era crimes and make the state safe from such offences, reported news agency PTI. He said the advanced technology project will make Maharashtra a cyber crime safe state. Crime has changed in today`s…

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