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Bank Info Security 8 months, 2 weeks ago

Searchlight Cyber Buys Intangic to Help Quantify Cyber Risk

European Startup Acquisition Aims to Unify Technical and Financial Cyber InsightsThe acquisition of Intangic enhances Searchlight Cyber's ability to quantify and price cyber risk by leveraging AI and dark web intelligence. The combined platform will offer actionable third-party risk data for CISOs, CFOs and insurance providers to better understand and manage cyber exposure.

Deal Adds Live Fraud Red Teaming, Adversarial Testing to Neovera's Cyber PortfolioNeovera has acquired Greenway Solutions, a Charlotte-based fraud red-teaming vendor serving top banks, to expand its cyber capabilities. The Washington D.C.-area services provider plans to tailor services for community banks and credit unions using automation and selective testing.

Alterya's AI-Powered Data Will Combat Scams Across Traditional Financial EcosystemsAlterya's AI agents now power Chainalysis' fraud prevention, integrating off-chain data sources like Venmo and Zelle with blockchain analytics. This acquisition marks a significant step in detecting and stopping scams earlier in the fraud cycle, said CEO Jonathan Levin.

Featurespace's AI Expertise Will Enhance Visa's Fraud, Risk and Payments TechnologyVisa has signed a definitive agreement to acquire AI-driven fraud prevention leader Featurespace. This acquisition will reinforce Visa's fraud detection capabilities, integrating advanced machine learning technology to strengthen financial crime prevention and protect global transactions.

Bank Info Security 2 years, 2 months ago

French Government Bids on Atos' Cyber and Computing Assets

Atos Received a Letter of Intent From French Finance Minister Bruno Le MaireThe French government could acquire a loss-making cybersecurity unit and other critical assets of Paris IT consultancy firm Atos after previous bids by competing firms fell through. Atos employs about 4,000 people and is strategically important to the French government.