Cyber security startup Darktrace intercepts $64M in fresh funding at a valuation of over $400M

 Darktrace, the U.K. cyber security startup whose backers include Autonomy founder Mike Lynch’s Invoke Capital, has closed $ 64 million in fresh funding. The new round was led by global investment firm KKR, with participation from existing investor Summit Partners, and new investors TenEleven Ventures and SoftBank. Read More…

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Can startups disrupt the $20 billion cyber insurance market?

 Over the past few years, cyber insurance markets have been growing at between 25-50 percent CAGR each year. According to The Betterley Report 2015, annual policy premiums are approaching $ 2.75 billion. The ecosystem of insurance underwriters, intermediaries/brokers, analysts/management consultants and compilers of insurance market information is evolving rapidly, trying to make the most of……

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Apple/FBI: San Bernardino District Attorney strangely claims suspect’s iPhone contains a ‘cyber pathogen’

Although tech companies are joining Apple’s camp en masse for the Apple/FBI court battle due to commence on March 22nd, there are many amicus briefs being posted in favour of the FBI’s argument. One of these was filed last Thursday night by the San Bernardino District Attorney, Michael Ramos. In the document, he claims that the shooter’s iPhone…

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