The anti-fraud platform, SpyCloud, has recently announced that it bagged $30 million in the Series C funding round, led by Centana Growth Partners and previous investors. It has raised $58.5 million in investments to date. The company aims to offer organizations with solutions to combat account takeover with the help of its curation platform with human intelligence.
Basically, compromising business data, personal information, etc. are depending on the utilization of credentials exposed in data breaches – which is further traded on dark portals. Account takeover can be a huge loss for the business. After identifying exposed user accounts, automating remediation before attacks can make the process successful – stated SpyCloud.
Source: Securityweek
