Cloud Security firm Netskope valued at $7.5 billion, raises $300M in latest funding round

In a statement cloud security firm Netskope said, it was valued at $7.5 billion in its latest funding round led by existing investor ICONIQ Growth, wherein it raised $300 million. Other large existing investors of the company, including Accel, Lightspeed Venture Partners, Base Partners, Sequoia Capital Global Equities, Geodesic Capital, and Sapphire Ventures also participated…

Britain ready to spend $64 million to boost its cyber security defences

Hospitals across the country were forced to turn away patients due to the cyberattacks. Britain’s defence minister Michael Fallon has disclosed that the country is spending $64 million (50 million pounds) on improving the security of the National Health Service’s computer systems while warning that the institutions faced cyber threats. During an interview on BBC’s…