Security Awareness Firm CybSafe Bags $28 Million in Series B Funding

security-awareness-firm-cybsafe-bags-$28-million-in-series-b-funding

Security awareness provider CybSafe on Monday announced that it has raised $28 million in Series B funding, which brings the total raised by the company to $40 million.

The new investment round was led by Evolution Equity Partners, with participation from Emerald Development Managers, Hannover Digital Investments (HDI), and IQ Capital.

read more

Apple Blocked 1.6 Million Risky, Vulnerable Apps in 2021

apple-blocked-1.6-million-risky,-vulnerable-apps-in-2021

Apple says its App Store fraud prevention mechanisms last year stopped potentially fraudulent transactions totaling roughly $1.5 billion.

Throughout 2021, the company prevented more than 3.3 million stolen credit cards from making purchases in the App Store, and banned nearly 600,000 accounts from ever transacting again.

read more