Data and security

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GitHub for the factory floor: Copia raises $26M to protect the code that runs industry

Ask an industrial engineer how their plant would recover if a controller’s code got corrupted or encrypted, and the honest answer is often grim: a backup on someone’s laptop, in a folder named “final_backup_2”. Copia Automation wants to replace that with something closer to how software teams work. The New York startup has raised $26mn […]

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‘Fight fire with fire’: Databricks is buying Panther Labs to challenge Splunk and CrowdStrike with AI

Databricks has a new pitch for the AI age of cyberattacks: fight fire with fire. The $134bn data-and-AI company said it will buy Panther Labs, a cybersecurity startup, as it pushes deeper into a market dominated by Splunk and CrowdStrike. It is Databricks’ third security acquisition, a sign of how seriously it is taking the […]

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Leaked licences show Bulgaria greenlit surveillance exports to governments accused of repression

Bulgaria’s export control authority licensed a Sofia-based surveillance firm to sell phone-tracking tools, interception systems, and monitoring infrastructure to intelligence agencies in countries with documented records of suppressing dissent. The licences, published by Human Rights Watch on Wednesday, cover exports by Circles BG to government buyers in Azerbaijan, Serbia, Malaysia, Mexico, the UAE, and at least […]

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Accenture had its worst stock day ever on fears AI is eating consulting. Hours earlier, it spent $4.18bn trying to escape that.

Accenture had the worst day in its history on the stock market on Thursday, and the reason cuts to the heart of the AI era: investors increasingly fear that AI will hollow out the consulting business itself. Shares fell as much as 20 per cent, the company’s worst one-day drop on record, after it forecast […]

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NeuralTrust raised $20M to police the AI agents companies can’t even count

NeuralTrust, a Barcelona startup, has raised $20mn to secure the AI agents that big companies are now deploying faster than they can keep track of. The seed round, worth €17.2mn, was led by Munich’s Alstin Capital, with VentureFriends, Seaya, Kibo Ventures, Banc Sabadell, the EA Ventures Plug and Play Fund and Finaves, plus public money […]

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Behavox raises $175 million from BlackRock’s HPS to expand its AI compliance platform

Behavox has raised $175 million in preferred equity from HPS Investment Partners, the private credit firm that BlackRock acquired for $12 billion last year. The funding will go toward expanding Behavox’s unified AI compliance platform and pursuing acquisitions. It is the company’s first equity raise in six years. As part of the deal, Behavox fully repaid and […]

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Arcade raised $60M to fix the real wall blocking enterprise AI agents: what they’re allowed to do

The problem with letting an AI agent loose inside a company is not that it might forget who it is. It is that it has no reason to hold back. A human employee is restrained by the fear of being fired. An agent, as one investor in Arcade.dev put it, “will exhaustively exploit every permission […]

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A startup that builds offensive cyber weapons just became a $1bn unicorn

Most cybersecurity startups sell shields. Twenty sells the sword, and investors just valued that at $1bn. The company, which describes itself as America’s first venture-backed cyber warfare firm, has raised a $100mn Series B led by Accel, Axios reported. The round, with Point72 Ventures, Caffeinated Capital and Friends & Family Capital also taking part, brings […]

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Interpol reports a sharp rise in cybercrime and scams across Asia

The figure that reframes the problem is a share, not a sum. In more than half the countries Interpol surveyed for its latest Asia and South Pacific cyber-threat assessment, cybercrime now accounts for around 30% of all crime recorded nationally. That is the line that turns scams and phishing from a category of nuisance into […]

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Hacking group claims it breached Novo Nordisk and demanded $25m

A cyber-extortion group calling itself FulcrumSec said on Monday that it had stolen roughly 1.3 terabytes of data from Novo Nordisk, the Danish maker of the weight-loss drugs Wegovy and Ozempic, and had demanded $25 million to keep it private. Novo Nordisk did not pay. The group, by its own account, is now looking for […]

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