Cybersecurity led global venture activity during September 25–October 1, with Island and Cyera each raising $400 million. Investors also backed security infrastructure for autonomous AI agents, while enterprise applications attracted funding across sales automation, recruitment and media technology.
As the COVID-19 crisis accelerates dependency on technology enabled economic processes, it is also exacerbating cyber-risks. 50% of respondents of the World Economic Forum Covid-19 Outlook survey have expressed their worries about an increasing number of cyber-attacks and data fraud.
Automation Anywhere has announced that its platform is “compliance-ready” for the soon-to-be-enacted General Data Protection Regulation (GDPR).