A funding round has pulled in $8.5 million for cybersecurity compliance startup Strike Graph, bringing the total money raised to nearly $21.4 million, SiliconAngle reports.
Such investment will be allocated by the firm, which provides a platform that enables security program design, operation, and measurement among its customers, toward expanding to new markets and bolstering artificial intelligence tech. Aside from offering support for a variety of security certifications across different sectors, Strike Graph's platform also enables the creation of an extensive security program with delegation, automation, and progress-tracking capabilities, as well as security process consolidation. Numerous organizations, including Outband AI, Spiral Ventures, Lydia AI, Suitable Technologies, and Sumatra Biosciences, have already been using the platform. "Our value is derived from offering an innovative and successful product to our customers, who are product-driven, so well continue to develop the best features in the risk and TrustOps marketplace," said Strike Graph co-founder and CEO Justin Beals.
New variants of the QBot malware, also known as Qakbot, have emerged since mid-December despite having been disrupted in August, suggesting continuous testing by the malware developer, BleepingComputer reports.
More than $10 billion in fraud-related losses were reported by U.S. consumers for the first time in 2023, representing a 14% growth over 2022, even though the number of individuals who reported being targeted by fraud held steady at over 2.6 million, BleepingComputer reports.
Get daily email updates
SC Media's daily must-read of the most current and pressing daily news