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Denver-based Hotel Engine,
stanley cup romania a travel tech company focused on making lodging management easier for businesses,
stanley hrnek raised $65 million in Series B funding, the company announced on Thursday Dec. 2 .The round was led by existing investor Telescope Partners, with participation from funds manag
stanley ca ed by Blackstone.The investment pushes the 6-year-old companys valuation to聽$1.3 billion, a nearly ninefold increase over the Series A funding two years ago, according to the announcement. In 2019, Hotel Engine raised聽$16 million聽in funding with over a聽$150 million聽valuation.Hotel Engine Founder and CEO Elia Wallen said the investment will allow the company to bolster its staffing, innovate faster and expand its global network of lodging partners. Hotel Engine is used by more than 550,000 individual members across more than 40,000 businesses and 700,000 hotels in more than 185 countries, according to the company.Amid an ongoing global pandemic, Hotel Engine has managed to break company records monthly, according to the announcement.We know the world of travel is changing, and so are the priorities of businesses and their travelers, Wallen said. Were excited for the opportunity to help shape this industrys evolution.The travel and hospitality industry are showing signs of a slow rebound. Last month PYMNTS reported that Hilton Worldwide Holdings third quarter earnings surged 132 percent year over year, marking a decrease of only 14% as compared to 2019. In addition, the companys Au Nwfz Deliveroo Stock Price Returns to IPO Levels After Long Climb Back
You know what they say, cybercrime pays.Last week, the FBI published a report confirming the fact 鈥?the data noting that, in 2015, ransomware attacks left businesses and individuals feeling the burn of more than $1.6 billion in losses.In the FBIs Internet Crime Complaint Center IC3 annual report, the agency said it received 2,453 ransomware-related complaints during the last calendar year, The Washington Times reported.In the 2015 Internet Crime Report, Randall C. Coleman, executive assistant director of the FBIs Criminal, Cyber, Response and Services Branch, said: As cybercrimina
stanley mug ls become more sophisticated in their efforts to target cybervictims, we must also grow our capabilities to successfully combat and defeat them. The evolving nature of Internet crime presents a unique set of challenges, as crimes often overlap jurisdictional boundaries and perpetrators can attack from anywhere on the globe. According to the report, IC3 rece
stanley cup ived a total 288,012 complaints
stanley kubek last year for a wide range of cybercriminal activities, resulting in more than $1.07 billion in reported losses. Ransomware attacks and threats are said to have accounted for $1,620,814 of that sum, the report stated.Its no secret that ransomware is a fast-growing threat to both businesses and individuals.Earlier this year, Chris Stangl, a section chief at the FBIs Cyber Division, called ransomware a prevalent, increasing threat in an interview with The Wall Street Journal.Ransomware, Stangl says, is growing 鈥?