Exclusive-BT takes multi-million pound stake in cyber firm Safe Security


FILE PHOTO: Company logo is displayed at British Telecom (BT) headquarters in London, Britain, November 15, 2019. REUTERS/Simon Dawson

LONDON (Reuters) -British telecoms group BT has taken a multi-million pound stake in Silicon Valley cyber risk management firm Safe Security, underlining its ambition to target growth in the sector, the company said on Wednesday.

Making its first major third-party investment in cyber security since 2006, BT will be the largest investor in the latest round of funding for Safe Security which helps companies and governments gauge and mitigate cyber risk in real time by aggregating signals from people, processes and technology.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

EU Commission looking at practical consequences of Anthropic decision, spokesperson says
Australia’s social media ban is floundering. Can it still help younger kids?
China can build humanoids at scale. The hard part is finding enough buyers
Anthropic cuts access to AI models over US 'national security' order
Court finds Google liable for false AI answers in landmark case
Amazon voiced concerns about Anthropic AI models before US government's crackdown, source says
Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock moniker
A Chinese robotics start-up beat Nvidia on a global AI ranking. Is a new tech war brewing?
Should I track my sleep? Here are the pros and cons
For this James Bond, the freedom is not enough

Others Also Read