Another threat SMEs need to deal with while focusing on the impact coronavirus is cybersecurity, especially as people work from home. Tech and accountancy business MYOB says cybersecurity is a key risk smaller businesses often don’t pay attention to. MYOB Head of Product, SME, Dale Dixon says companies and their staff need clear guidelines on… Read more »
Australian logistics giant Toll Group reverted to manual systems after a ransomware attack on part of its IT network last week, as the company liaises with government cybersecurity experts and works to restore its systems. The government’s Australian Signals Directorate’s Australian Cyber Security Centre (ACSC) issued a warning yesterday for companies to update their… Read more »
Kasada founder and CEO Sam Crowther. Cybersecurity startup Kasada has closed its $7 million Series A raise with the CIA’s 20-year-old venture capital fund, In-Q-Tel (IQT) joining the round. The Sydney tech venture previously announced the first $6.5 million in the Series A from the CSIRO’s innovation fund, Main Sequence Ventures, and Westpac’s Reinventure Group,… Read more »
The world nowadays is all about “hygiene”. There’s sleep hygiene, kitchen hygiene and as Startup Daily learnt from Detexian co-founder Tan Huynh (pictured above) this week, data hygiene. Not being IT-inclined, and the dad who asks his kids to sort out apps on his phone, our conversation on The Problem Solved this week about what… Read more »
Wellington-based RedShield, a cybersecurity startup that provides API protection via web application shielding, has raised NZ$14 million (AU$13m). New Zealand private equity firm Pencarrow led the round ahead of existing shareholder Sage Technologies. RedShield’s CEO and co-founder Andy Prow (pictured above) said the support recognised the company’s success in New Zealand , the US, UK… Read more »
Stone & Chalk CEO Alex Scandurra Fintech innovation hub Stone & Chalk is setting up shop in Adelaide in partnership with the South Australian Government Stone & Chalk will be the anchor tenant and startup hub operator at Lot Fourteen, the massive and ambitious innovation precinct on the seven-hectare former Royal Adelaide Hospital site. With… Read more »
A cybersecurity startup tackling web bots has landed $6.5 million from the CSIRO’s and Westpac’s VC funds
Cybersecurity startup Kasada has raised $6.5 million from the CSIRO’s innovation fund, Main Sequence Ventures, and Westpac’s Reinventure Group to ramp up its technology to tackle automated bots attacking websites. The raise comes 12 months after Kasada’s wunderkind founder and CEO, Sam Crowther, first raised $2.5 million for his venture. Kasada’s cloud-based tech product,… Read more »
Australia needs around 18,000 more cyber security professionals by 2026 if the sector is to be globally competitive, a new report has found.
Founded by Dr Vaughan Shanks following his experiences working at the Australian Department of Defence and data analytics company Palantir, Cydarm is a cybersecurity incident response system.
The government is running the NSW-India Cyber Security Exchange in collaboration with the Optus Macquarie Cyber Security Hub.
Here are some of the important factors to consider in formulating a cybersecurity plan that will bulldoze cybercriminals.
Australian and New Zealand organisations are losing $60 million, on average, each year due to cybersecurity breaches or attacks, with one in five organisations having at least one breach per month and one in six known attacks successful.
Australian insurtech startup Edmund has launched to provide cyber insurance to small to medium enterprises (SMEs) with up to $20 million in annual revenue.
On-demand video startup Biteable raises $2.8 million as cybersecurity startup Kasada raises $2.5 million
Hobart video startup Biteable, which allows users to create simple marketing videos online, has raised $2.8 million in a Series A round led by existing backer Tank Stream Ventures and Microequities Venture Capital Fund.
Business management software provider Pronto Software has invested $1.3 million into Melbourne cybersecurity startup Forticode, and signed on to partner with the startup on the further development of its smartphone authentication system.