Blackwall Raises $49 Million
The Estonian-based cybersecurity company Blackwall raised 45 million euros (about $49 million) in a funding round.
cybersecurity
Corsair Capital Acquires Stake in Platform IDnow
Investment company Corsair Capital has acquired a majority stake in the German IDnow identity verification platform.
Banking Giants Warn New AI Risks
Goldman Sachs, Citigroup, JPMorgan Chase, and other Wall Street companies have warned investors about new risks associated with scaling artificial intelligence using practices, including software hallucinations, employee-morale issues, AI leverage by cybercriminals, and the impact of changing laws around the world.
Visa Says About Results of Its Anti-Fraud Unit Activity
Visa said that its anti-fraud disruption department saved potential victims of scammers $350 million last year.
Global Digital ID Verification Checks to Grow 15% Over Next Year
The projected 15% increase in digital ID verification checks continues the growth trend seen in the previous year, when verification checks expanded by 16%, fueled by surging e-commerce transactions.
The Future of Security: How AI Gun Detection is Revolutionizing Safety
The Future of Security: How AI Gun Detection is Revolutionizing Safety In an era marked by increasing security challenges, especially concerning gun violence, traditional safety measures are no longer enough. Recent statistics indicate that mass shootings and active shooter incidents have become too frequent in schools, malls, and other public spaces. As communities seek proactive […]
Socure Unveils Identity Manipulation Risk Score to Combat First-Party Fraud
AI-driven digital identity verification and fraud prevention platform Socure has developed an innovative risk score to detect when users manipulate their identities and help address a $100 billion fraud problem.
Crypto Crime Volume Exceeds Expectations
Cryptocrime has begun to adapt to the space of a professionalized era dominated by artificial intelligence-driven scams, stablecoin laundering, and effective cyber syndicates.
Scammers Use Social Media Selfies and GenAI
The widespread availability of selfies on social media platforms has become a factor that has contributed to the fueling of artificial intelligence-powered scams.
Bybit Hack Consolidates Crypto Community
Bybit crypto exchange, which has suffered from the biggest industry hack to date, expressed its gratitude for the crypto community support while it works around the clock to enhance security measures and safeguard user funds.
Hackers Steal $1.5 Billion From Exchange Bybit
Bybit, a major cryptocurrency exchange, has been subjected to a hacker attack that affected $1.5 billion worth of digital assets.
LexisNexis Finalizes Its Acquisition of IDVerse
LexisNexis Risk Solutions has finalized the acquisition of IDVerse, a company that specializes in document authentication and fraud detection.
Mastercard and Feedzai to Fight AI-Powered Scams
Mastercard has teamed up with financial crime prevention company Feedzai to help financial institutions prevent scams.
Bain Backs AI Cybersecurity Startup Dream
Dream, an artificial intelligence company providing cybersecurity services to governments and critical infrastructure operators such as hospitals and utilities, raised $100 million at a valuation of $1.1 billion.
Mastercard and VikingCloud Develop Cybersecurity Solutions for SMBs
Mastercard, the payment industry giant, and VikingCloud, a global cybersecurity and PCI compliance company, are jointly developing cybersecurity solutions designed for small and medium-sized businesses.
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