Bengaluru-based CloudSEK becomes first Indian cybersecurity firm to get investment from a US state fund

Bengaluru-based Cybersecurity company CloudSEK on Tuesday said it has raised $10 million (about ₹90 crore) from Connecticut Innovations, the strategic venture capital arm of the State of Connecticut in the United States. With this investment, CloudSEK becomes the first Indian-origin cybersecurity company to receive funding from a US based back venture. CloudSEK had previously raised $19…

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Cybersecurity researchers of CloudSEK uncover rise in Investment scams on Social media

Investment scams primarily operate through social media and messaging platforms like WhatsApp and Telegram. CloudSEK found a surge in malicious content on these platforms — over 29,000 fraudulent ads on Facebook and a 81,000 fake investment groups on WhatsApp. The report covers an in-depth report exposing a troubling rise in investment scams targeting individuals in…

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