Risk Ledger Secures $32 Million in Series B Funding to Tackle Supply Chain Cyber Risks British supply chain security firm Risk Ledger has made a significant splash by announcing the completion of a $32.3 million Series B funding round, bringing its total raised to a substantial $45 million. This fresh investment will enable the company … Read more
Japanese Frozen Food Giant Nichirei Hit by Cyberattack, Operations Disrupted Nichirei, one of Japan’s top frozen food producers, has been severely impacted by a cyberattack that occurred on July 13. The company, which operates globally through 80 subsidiaries, disconnected its systems to prevent further damage and protect sensitive data. As a result, operations at Nichirei … Read more
Risk Ledger Secures $32 Million to Bolster Supply Chain Security Efforts In a significant move to bolster supply chain security, British firm Risk Ledger has announced that it has raised £24 million ($32.3 million) in Series B funding, bringing its total investment to £33.8 million ($45 million). The fresh injection of capital will be used … Read more
The Pentagon’s decision to suspend the mandatory third-party assessment requirement for CMMC Phase 2 has sent shockwaves through the defense industry, with many experts weighing in on the implications of this move. At its core, the suspension means that companies will no longer be required to undergo independent verification of their cybersecurity controls, but they … Read more
Beacon Security Raises $13 Million for Revolutionary Security Data Platform Cybersecurity startup Beacon Security has secured a significant $13 million seed funding round led by Notable Capital. This injection of capital will fuel the development of Beacon’s innovative security data platform, which promises to revolutionize the way organizations approach cybersecurity. Founded in 2024 by IDF … Read more
In a groundbreaking conversation that sheds light on the evolution of industrial cybersecurity, Clint Bodungen, Director of AI/ML Engineering at Arcovo and founder of ThreatGen, shared with SecurityWeek’s Brian “SchleiF” Schleifer the intricacies behind his pioneering work in agentic AI. At the heart of their discussion is a project that has been making waves in … Read more
A Week in Review: Cyber Threats and Vulnerabilities Exposed This past week has seen a multitude of cyber threats and vulnerabilities exposed, highlighting the ongoing challenges faced by individuals and organizations alike in the realm of cybersecurity. From high-profile breaches to emerging attack methods, these developments demonstrate the ever-evolving nature of the threat landscape. One … Read more
The US Department of War has suspended Phase 2 of the Cybersecurity Maturity Model Certification (CMMC) program, citing concerns that the third-party assessment requirement was pushing small and mid-sized defense contractors out of business. This move affects only the mandatory third-party assessment requirement, leaving other aspects of the program intact. Industry insiders are warning that … Read more
Beacon Security Lands $13 Million to Revolutionize Cybersecurity with AI-Powered Data Platform In a significant move to bolster cybersecurity defenses, Beacon Security has secured $13 million in seed funding to further develop its innovative data platform. The startup’s solution combines artificial intelligence (AI) and machine learning algorithms with real-time visibility and context to empower security … Read more
A Glimpse into the Future of Cybersecurity: An Exclusive Interview with Clint Bodungen In a candid conversation, Clint Bodungen, Director of AI/ML Engineering at Arcovo and founder of ThreatGen, shared his insights on why traditional governance often falls short for cybersecurity practitioners. He also shed light on his groundbreaking open-source agentic AI project, the MindStone … Read more