InfoSum raises $65M Series B as organizations embrace secure data sharing

InfoSum, a London-based startup that provides a decentralized platform for secure data sharing between organizations, has secured a $65 million Series B funding round led by Chrysalis Investments. The investment comes less than a year after InfoSum closed a $15.1 million Series A round co-led by Upfront Ventures and IA Ventures. Since, the data privacy […]

Stop using Zoom, Hamburg’s DPA warns state government

Hamburg’s state government has been formally warned against using Zoom over data protection concerns. The German state’s data protection agency (DPA) took the step of issuing a public warning yesterday, writing in a press release that the Senate Chancellory’s use of the popular videoconferencing tool violates the European Union’s General Data Protection Regulation (GDPR) since […]

Pearson to pay $1M fine for misleading investors about 2018 data breach

Pearson, a London-based publishing and education giant that provides software to schools and universities has agreed to pay $1 million to settle charges that it misled investors about a 2018 data breach resulting in the theft of millions of student records. The U.S. Securities and Exchange Commission announced the settlement on Monday after the agency found […]

Baffle lands $20M Series B to simplify data-centric encryption

California-based Baffle, a startup that aims to prevent data breaches by keeping data encrypted from production through processing, has raised $20 million in Series B funding. Baffle was founded in 2015 to help thwart the increasing threats to enterprise assets in public and private clouds. Unlike many solutions that only encrypt data in-transit and at-rest, Baffle’s […]

Employee talent predictor retrain.ai raised another $7M, adds Splunk as strategic investor

Automation will displace 85 million jobs while simultaneously creating 97 million new jobs by 2025, according to the World Economic Forum. Although that sounds like good news, the hard reality is that millions of people will have to retrain in the jobs of the future. A number of startups are addressing these problems of employee […]

Employee talent predictor retrain.ai raised another $7M, adds Splunk as strategic investor

Automation will displace 85 million jobs while simultaneously creating 97 million new jobs by 2025, according to the World Economic Forum. Although that sounds like good news, the hard reality is that millions of people will have to retrain in the jobs of the future. A number of startups are addressing these problems of employee […]

Siga secures $8.1M Series B to prevent cyberattacks on critical infrastructure

Siga OT Solutions, an Israeli cybersecurity startup that helps organizations secure their operations by monitoring the raw electric signals of critical industrial assets, has raised $8.1 million in Series B funding. Siga’s SigaGuard says its technology, used by Israel’s critical water facilities and the New York Power Authority, is unique in that rather than monitoring […]

EU hits Amazon with record-breaking $887M GDPR fine over data misuse

Luxembourg’s National Commission for Data Protection (CNPD) has hit Amazon with a record-breaking €746 million ($887m) GDPR fine over the way it uses customer data for targeted advertising purposes. Amazon disclosed the ruling in an SEC filing on Friday in which it slammed the decision as baseless and added that it intended to defend itself […]