The company announces a major retail customer & key new product features PALO ALTO, Calif., Feb. 27, 2025 /PRNewswire/ — Mimic, the enterprise ransomware defense company, announced today that it has secured Series A funding of $50 million led by GV (Google Ventures) and Menlo Ventures, with participation from existing investors Ballistic Ventures, Team8, Wing Ventures, and Shield Capital. “The speed of ransomware attacks—often within 90 seconds—leave security teams with no time to respond. Mimic’s SaaS platform detects ransomware in fractions of a second, stopping them before damage is done,” says Derek Smith, Mimic’s CEO. “Ransomware-based cyber extortion increasingly impacts every facet of our society,…
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DELRAY BEACH, Fla., Feb. 27, 2025 /PRNewswire/ — The hardware security modules market is expected to reach USD 3.28 billion by 2030, up from USD 1.66 billion in 2025, at a CAGR of 14.5% from 2025 to 2030 according to a new report by MarketsandMarkets™. The market for hardware security modules is growing at a rapid pace as a result of rising data breaches and cyberattacks. As cybercriminals are targeting businesses in different sectors on a regular basis, organizations are focusing on strong encryption and cryptographic security solutions to protect their sensitive information. The major cyberattacks on financial institutions, government departments, and healthcare organizations have highlighted the necessity for strong…
USA News Group News Commentary Issued on behalf of Scope Technologies Corp. VANCOUVER, BC, Feb. 27, 2025 /PRNewswire/ — Quickly countering the ultra-conservative timeline claims of NVIDIA’s CEO Jensen Huang, Microsoft Corporation (NASDAQ: MSFT) just made a big statement with its new chip called Majorana 1, stating powerful quantum computers will be available in years not decades. Meanwhile, China is advancing its own quantum strategy, marking a very real threat of global data-centric authoritarianism. Because of this, government administrations around the world anticipate quantum computing threats are on the horizon, ushering in an urgent need for future-proofing cryptography. As the reality of “q-day” looms, several companies are in the race, either developing quantum computing power, or security measures…
BANGALORE, India, Feb. 27, 2025 /PRNewswire/ — Ecommerce Fraud Prevention Software Market is Segmented by Type (Cloud-Based, On-Premise), by Application (SMEs, Large Enterprise). The global Ecommerce Fraud Prevention Software revenue was USD 2567 Million in 2022 and is forecast to a readjusted size of USD 6989.4 Million by 2029 with a CAGR of 15.2% during the review period (2023-2029). Claim Your Free Report: https://reports.valuates.com/request/sample/QYRE-Auto-11N16264/Global_and_India_Ecommerce_Fraud_Prevention_Software_Market Major Factors Driving the Growth of Ecommerce Fraud Prevention Software Market: The E-commerce Fraud Prevention Software market is marked by rapid growth and intense innovation, driven by escalating online fraud risks and the expansion of digital commerce. Companies in the market are continuously developing…
Machine learning breakthrough delivers unmatched coverage and reduced friction to dramatically lower downstream costs PETALUMA, Calif., Feb. 26, 2025 /PRNewswire/ — Accelitas has announced that its Ai Validate Bank Data service contains a patented proprietary technology that automatically identifies invalid bank routing and account number pairs to create a valuable new workflow solution. By eliminating non-valid accounts at the beginning of the payment process, businesses can solve some of the most common reasons for ACH returns, saving significant time and money while improving the customer experience. A fintech leader in machine learning and predictive analytics, Accelitas’ mathematical model can decipher how U.S. financial institutions format…
Build the test stack your team wants with an open, flexible platform featuring AI-powered testing workflows DUBLIN, Feb. 26, 2025 /PRNewswire/ — BrowserStack, the world’s leading software testing platform, today announced the launch of its comprehensive Test Platform, designed to revolutionize how engineering teams approach software testing in an AI-driven world. The BrowserStack Test Platform processes over one billion tests yearly for seven million developers and testers across 135 countries, making it the most widely used testing platform globally. By enabling users to simplify their toolchain into a single platform, BrowserStack eliminates fragmentation, reduces costs, and improves productivity. In today’s digital landscape, customer expectations…
TEL AVIV, Israel, Feb. 26, 2025 /PRNewswire/ — KELA, the global leader in cyber intelligence, has released its annual State of Cybercrime 2024 report, offering an in-depth analysis of the past year’s most pressing cyber threats and intelligence-driven predictions for 2025. The report uncovers the evolving landscape of cybercrime, with attackers forming alliances, leveraging artificial intelligence, and shifting towards new monetization models that challenge traditional security measures. “Cybercrime has reached an unprecedented level of sophistication, with attackers continuously adapting and evolving their tactics,” said David Carmiel, CEO of KELA. “The surge in infostealers and ransomware, along with the increasing use of AI-driven threats, highlights the urgent…
SAN FRANCISCO, Feb. 26, 2025 /PRNewswire/ — Kabooxa is proud to announce the first agile, adaptive AI assistant designed for businesses. While human technology has been stepped forward by the advent of artificial intelligence, business leaders have been baffled by how generative AI tools will result in discernable profit. All around the world, the proliferation of AI tools has decision-makers and business leaders asking each other “What are our needs and how can we use AI to meet them?” The engineers at Kabooxa have solved this contemporary business conundrum by asking another question: “What about an enterprise AI engine that you can…
Series Culminates in Washington D.C. in October, Bringing Together Global Leaders, Enterprise Executives and AI Visionaries WALNUT CREEK, Calif., Feb. 26, 2025 /PRNewswire/ — Vantiq is proud to expand its long-standing Artificial Intelligence (AI) Summit into the Global Agentic AI Summit Series, reaching new international cities to meet the growing demand for real-time intelligence. Having hosted this summit for years, Vantiq is now taking it to a global stage, providing a broader platform for enterprise leaders, AI pioneers and global decision-makers who are actively transforming infrastructure, defense, healthcare and public safety with Generative AI. This year’s expanded series will take place in major innovation hubs…
Company’s Comprehensive Approach Includes Digital Footprint Assessments, Executive Vulnerability Evaluations, and Cyber Hygiene Training to Mitigate Risk in a Growing Cybersecurity Landscape PITTSBURGH, Feb. 24, 2025 /PRNewswire/ — Black Bison Cyber, an emerging premier cybersecurity firm specializing in protecting high-profile and executive clients from digital risks, is pleased to announce its portfolio of solutions to safeguard executives, public figures and high-net-worth individuals against increasingly sophisticated and targeted cyber attacks. The company’s discreet, proactive and comprehensive bespoke security offerings – which include extensive digital footprint assessments, executive vulnerability evaluations, and cyber-hygiene training – debuts against a rapidly evolving cyber threats landscape. Black Bison Cyber…