The funding will be used to grow Cybereason's product line and teams, as well as to boost its presence in the EMEA and APAC regions.
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California-based Synack will be using the investment from companies such as Microsoft, HPE, and Singtel to bring its crowdsourced bug hunting platform to the Asia-Pacific region.
There is a disparity between awareness of IoT security threats and level of preparedness, according to new research from the Ponemon Institute, which showed that many enterprises are still reliant on legacy technology.
Accenture announced on Monday that it has completed its purchase of security businesses Arismore and iDefense.
IoT Alliance Australia has released its IoT security guideline as a first step towards building industry-wide security standards.
The Japanese giant is partnering with US startup Zimperium to offer its mobile security application to Japanese iPhone users.
Vodafone Hutchison Australia is building its first Cyber Defence and Response Centre in an effort to help protect its enterprise customers from online security threats.
UNSW cybersecurity professor Jill Slay has criticised the Australian IoT industry for failing to incorporate security into the core design of IoT products, and bemoaned what she sees as a significant lack of cybersecurity leadership in Australia.
Everyone in the Australian cybersecurity ecosystem has a role to play to ensure the security of the nation, according to Nationals Senator Bridget McKenzie.
The funding will be used to support growth in the Latin America and Asia-Pacific markets.