FinAi News

No products in the cart.

Subscribe
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
Log In
No Result
View All Result
  • Banking
  • Lending
  • Payments
  • Risk & Security
  • Strategy
FinAi News
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
BAN PLUS
Log In
No Result
View All Result
FinAi News
No Result
View All Result

Cybersecurity Funding Continues to Decline as Privacy Concerns Increase

Grace NotobyGrace Noto
April 11, 2018
in Risk & Security
Reading Time: 1 min read
0
Share on Facebook

The amount of funds invested in US-based cybersecurity companies declined for the third-straight quarter, with few large rounds in sight for such companies: a decline that comes as concerns over privacy and data use continue to rise.

This is according to the 1Q18 MoneyTree report, released today by CBInsights. Investment in such cybersecurity firms declined 37% from last quarter, with investors sinking $528 million into this companies (across 51 total deals) compared to the $831 million invested last quarter (across 54 total deals).

The report does not specify how much of these investments come from banks or FIs.

Cybersecurity has become a popular topic in recent weeks, as data breaches in companies such as Facebook raise consumer concerns — additionally, the number of hacks and fraudsters specifically targeting financial data via social data doesn’t appear to be shrinking.

However, while cybersecurity investment appears to be in decline, investment in technologies such as artificial intelligence is rapidly increasing, the report found: investors poured $1.9 billion into artificial intelligence companies in the first quarter of this  year, over 116 deals, a 29% increase from last quarter’s $1.4 billion over 103 deals.

The report also noted that North America and Asia remain the top locations for mega-rounds, with global investment reaching $46.5 billion even as the number of deals decreased.

Take a look at the full report here.

Tags: Capital & Fundingcybersecuritydata securityDataBankFacebookfundingPremiumprivacyventure capital (VC)
Previous Post

National Bank of Australia Adds Google Pay

Next Post

Payments Keyboard App PayKey Makes Its Way to U.K. and Mexico

Related Posts

Cisco logo on a wall of lights
Risk & Security

Cisco clients spend more on security to prepare for Mythos, quantum

August 13, 2026
digital globe surrounded by interconnected data streams
Risk & Security

FIs cannot rely solely on legacy systems for cybersecurity

August 12, 2026
Cybersecurity locks among multiple data points
Risk & Security

AI forges ‘double-edged sword’ in bank cybersecurity

August 11, 2026
Next Post
PayKey

Payments Keyboard App PayKey Makes Its Way to U.K. and Mexico

EMERGING FINTECH DIRECTORY

Emerging Fintech Directory

FinAi Podcast

SPONSORED

Build an Antifragile Strategy to Outperform the Market

July 14, 2026

How AI and Product Experts Turn Fuzzy Requirements Into Focused Dev-ready Roadmaps

April 19, 2026

Is Your Technology Supplier There for You?

April 1, 2026

  • About Us
  • Help Center
  • Contact Us
  • Privacy Terms
  • ADA Compliance
  • Advertise

Connect

twitter linkedin podcast podcast podcast podcast
© 2026 Royal Media
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Unlock This Article

Create your free FinAi News account to access this article and stay informed on how AI is transforming financial services including banking, lending, payments, and risk.

Yes, I'd like to receive FinAi News updates, breaking news, and exclusive AI insights for financial services leaders.

Continue Reading with FinAi News Premium - Less than $2/Day

Upgrade to FinAi News Premium for unlimited access to news, insights, trends, and intelligence on how AI is transforming financial services including banking, lending, payments, and risk.
Upgrade to FinAi News Premium Subscription
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account