Finance Breaking news Fraud buster NetGuardians raises €15.8 million last financial news

Breaking-Finance.Com - Swiss cyber-fraud protection company NetGuardians has raised €15.8 million from private banking client Pictet Group and investment firm ACE & Company.

Finance Breaking news Fraud buster NetGuardians raises €15.8 million last financial news

Breaking-Finance.Com - Swiss cyber-fraud protection company NetGuardians has raised €15.8 million from private banking client Pictet Group and investment firm ACE & Company.

Finance Breaking news Fraud buster NetGuardians raises €15.8 million last financial news
15 December 2020 - 10:45

Breaking-Finance.Com - Swiss cyber-fraud protection company NetGuardians has raised €15.8 million from private banking client Pictet Group and investment firm ACE & Company. The new capital, more than the double each of its previous rounds, comes at a time of soaring growth in social engineering scams, with many more people working from home and doing their banking online during the global pandemic.

. The company, which counts 60 global banks among its client base, says it will use the fresh capital to strengthen its position in existing markets and further developing its software-as-a-service (SaaS) subscription model. Peter Wintsch, CTO of Pictet Group, says: “As a NetGuardians client we can judge their fraud-mitigation software first-hand. In addition, it is clear that cyber-fraud challenges will continue to rise, and financial services firms will need access to first-class technology to protect their business."

Source = Breaking-Finance.Com

Financial breaking news

This news 49 hits received.

Finance Breaking news Fraud buster NetGuardians raises €15.8 million last financial news


Finance Breaking news Fraud buster NetGuardians raises €15.8 million last financial news


Finance Breaking news Fraud buster NetGuardians raises €15.8 million last financial news


Finance Breaking news Fraud buster NetGuardians raises €15.8 million last financial news

COMMENTS

  • 0 Comment
MAY INTEREST YOU x
Finance Breaking news Finch Capital's Nomu Pay sweeps up Wirecard Apac assets last financial news
Finance Breaking news Finch Capital's Nomu Pay sweeps up...
Finance Breaking news ING splits board level responsibility for operations and technology last financial news
Finance Breaking news ING splits board level responsibility for...