Espionage, state subsidy, protectionism: which is the terminal disease?
The international container terminal sector has long been scrutinised by spooks, spies and security analysts ...
PITCHBOOK writes:
A new generation of cybersecurity startups is scaling up to serve companies in the remote-work era as a fresh wave of sophisticated attacks spreads security fears.
Venture capital is flowing into cybersecurity companies at a torrid pace. Less than six months into the year, cybersecurity startups have raised $9.9 billion globally, 96% of the total raised in 2020, according to PitchBook data. Meanwhile, the average valuation of the companies raising funds has more than doubled, to $475 million.
The push to scale comes as digital security takes over boardroom deliberations. Ransomware attacks targeting Colonial Pipeline and beef producer JBS have shown how sophisticated hackers can bring large corporations to their knees.
“When the bad actors get in from a small opening, they can bring down the entire business operation of a large company,” said Ravi Mhatre, co-founder and partner at venture capital firm Lightspeed…
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MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
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Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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