Cybersecurity start-up Darktrace raises $50 million

Cybersecurity business Darktrace has raised $50m (£38m) in new funding, bringing the company’s valuation to $1.65bn, up from a valuation of $1.25bn in May. Darktrace uses artificial intelligence software to automatically detect cyber threats to customers’ networks. The business says its Antigena product can respond automatically to cybersecurity problems within two seconds. Clients include Gatwick … Read more

Axis Capital : Recognized as GCHQ Certified Training (“GCT”) Provider

AXIS Specialty UK Holdings Limited announced today it has been certified as a GCHQ Certified Training provider for its course “Understanding Cybersecurity and Insurance.” AXIS offers GCHQ Certified Training and related resources to insureds and brokers through the AXIS Cyber Center of Excellence, a global resource that provides mentorship, education, consulting services and solutions to … Read more

Government Planning New Offensive Cyber-War Unit

The proposal would expand the UK’s existing offensive cyber capabilities fourfold, with funding in the hundreds of millions of pounds The government is planning to expand the UK’s offensive cyber-war capabilities by approximately fourfold with a new cyber warfare unit amidst increased threats from the likes of Russia, North Korea and Iran.