Email security

Such newly obtained funds will be directed toward strengthening research and development, business development, and hiring, as well as help continue its aggressive mergers and acquisition strategy.

Attacks by both hacking operations mostly involved the delivery of malicious emails seeking a review of a purportedly encrypted PDF attachment, which seeks targets' password and two-factor authentication code to facilitate email access and online storage compromise.

Intrusions aimed at exfiltrating credentials from nearly a dozen former and current U.S. officials and people associated with the campaigns of former President Donald Trump and President Joe Biden were conducted by APT42 between May and June.

The development is part of escalating Russian cyberattacks against the UK since it began its invasion of Ukraine in February 2022, said Orbis Business Intelligence Director Christopher Steele.

Such a loss stemmed from unknown attackers luring a non-executive employee to conduct several outbound wire transfers to their controlled accounts, said Orion in a filing with the Securities and Exchange Commission.

By giving users specific feedback on recent attacks and offering interactive forums, companies can keep their staffs up-to-speed on the latest threats.

The cybersecurity firm, which is known for its behavioral AI-powered platform, plans to use the funds to expand its customer base, develop new products, and prepare for an initial public offering in late 2025, according to co-founder and CEO Evan Reiser.