
CSO: Artificial intelligence continues to snare the technological limelight and, rightly so as we move well into the final quarter of 2023, there is wide international interest in harnessing the power of AI.
TechCrunch: The U.S. government and dozens of foreign allies have pledged never to pay ransom demands in a bid to discourage financially motivated hackers and ransomware gangs profiteering from cyberattacks.
Bleeping Computer: The U.S. Federal Trade Commission (FTC) has amended the Safeguards Rules, mandating that all non-banking financial institutions report data breach incidents within 30 days.
CNBC: Okta has shed more than $2 billion from its market valuation since the company disclosed a hack of its support systems. The high-profile incident is the latest in a string of incidents that have been tied to Okta or its products, including a spate of intrusions at casinos that crippled Las Vegas hotel rooms for days.
PR Newswire: Measured Analytics and Insurance, the AI-powered cyber insurance provider to small and midsize enterprises (SMEs), introduced its latest white paper, "Cybersecurity in the Cloud Era: Financial and Operational Impacts Decoded."
Crunchbase: Venture funding to cybersecurity startups in the third quarter saw a slight uptick from Q2, but was still down 30% year to year. According to Crunchbase data, cybersecurity startups raised nearly $1.9 billion through 153 deals announced in Q3, a 12% increase from the $1.7 billion raised in 181 deals the previous quarter.
Verdict: Cybersecurity software-as-a-service (SaaS) company SecureW2 has raised $80m in funding from Insight Partners. SecureW2 is engaged in offering a suite of passwordless security software solutions, with headquarters in the Netherlands and regional hubs in the US and India.
Dark Reading: The US Treasury Department and the Cyber Security Council of the United Arab Emirates have agreed to share more information on cybersecurity threats and incidents affecting the financial services industry.
GlobeNewswire: Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs), released a new report, Cybersecurity for SMBs: Navigating Complexity and Building Resilience.
SecurityWeek: The new Seed Fund I brings the firm’s total assets under management to more than $600 million. The final closing is expected for later this quarter.
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