Investing in a software startup company can be a boon, but without following our venture capital due diligence checklist for cybersecurity, it can be a bust.
Biometrics have become the de facto standard for secure consumer authentication. Even among employers, the belief that biometrics, in conjunction with strong passwords, ensure security is common. While it is true that the use of biometric data in the authentication process significantly decreases the likelihood of credential theft, recent events have exposed some disadvantages of biometrics.
Zeguro, a pioneer in cyber risk management for small and medium-sized enterprises, closed $5 million in funding from a prominent group of investors to launch its Cyber SafetyPlatform to help companies assess and mitigate their cyber risks. The round was led by Mosaik Partners, joined by Healthy Ventures, Munich Re / HSB Ventures, QBEVentures, Social Capital, Plug and Play, and Sparkland Capital.