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Cision: Madrid-based cybersecurity firm buguroo has secured $11 million in Series A funding to bring its Deep Learning based online fraud detection and prevention technology, combining behavioral biometrics, malware detection and device assessment, to more financial services customers.
Pensions & Investments: Record keepers are under pressure from retirement plan trustees and regulators to protect participant data in the U.K. after several companies such as Tesco PLC and British Airways PLC became targets of cyberattacks.
The Irish News: The Northern Ireland division of US cybersecurity firm Proofpoint lost £1million last year on the back of a significant increase in salary costs, a new report produced by the company has shown.
Private Equity News: Private equity firms know the importance of cybersecurity. But their awareness has not translated into widespread implementation, leaving many vulnerable to data breaches that have the potential to slash the value of their investments.
Reuters: Britain’s opposition Labour Party was using a $20-a-month “basic security” service to protect its website when hackers attempted to force it offline and temporarily slowed down online campaigning, according to internal emails seen by Reuters.
Independent: Lizard Squad, which has previously targeted singer Taylor Swift and video game companies said that it used a distributed denial of service (DDoS) tool in an attempt to knock the party's digital platforms offline.
ZDNet: The UK's twice-delayed departure from the European Union is still dependent on an exit deal being agreed by Parliament. Once this is done, the country currently has until the end of 2020 to agree on its future relationship with Europe.
InvestorDaily: The white paper, Keeping Our Money Safe: Data and Security of Payments in 2020 and Beyond, from InPayTech has forecast pay-tech vendors catering to the super sector will need to be aware of evolving customer experiences and expectations around data security.
Global News Wire: Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, has launched three new cyber insurance policies for clients across the U.S., Canada, the U.K. and Western Europe. The policies provide innovative, tailored solutions for large enterprise and mid-market clients, enabling them to fully assess, protect and recover losses related to cyber risk.
Reuters: A cyber attack on Asian ports could cost as much as $110 billion, or half the total global loss from natural catastrophes in 2018, a Lloyd’s of London-backed report said.
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