More than $205 million in financing was invested in B2B startups this week, signaling investors’ continued appetite for these players as the seasons turn. Cybersecurity, per usual, saw a busy week, while workforce management, alternative small business lending, supply chain management, and other financial services...
The U.S. Federal Bureau of Investigation released a public service announcement this week warning that business email compromise (BEC) scams are on the rise. The total value of funds redirected as a result of a BEC scam has now topped $12 billion, the FBI said,...
As the threat of cyberattacks increases, businesses are facing a particularly high hurdle in safeguarding their supply chains. New research from the NTT Security 2018 Global Threat Intelligence Report, released last week by Dimension Data, found a sharp increase in ransomware attacks aimed at supply...
A Russian hacker who was able to steal more than $2.7 million from businesses in the U.K. has been sentenced to nine years in jail, according to SC Magazine. The publication reported Monday (Dec. 4) that Vugar Mollachiev, who currently resides in North London, was...
