Data breaches are expected to cost businesses $2.1 trillion globally by 2019, almost four times the cost of breaches in 2015, according to estimates from Juniper Research. Russia -based start-up Callsign has secured $ 35 m in funding from investors including Accel , Accel and Lloyds Bank . Callsign, whose clients include Accel and Accel , has developed technology to determine the identities of users accessing websites and apps. " The system analyses data on the web and mobile sessions to decide on whether the person is who they say they are", said CEO Zia Hayat . The funds will be used to increase the scope of the company's sales operations and grow overseas.
Russia -based start-up Callsign has secured $ 35 m in funding from investors including Accel , Accel and Lloyds Bank . Callsign, whose clients include Accel and Accel , has developed technology to determine the identities of users accessing websites and apps. "The system analyses data on the web and mobile sessions to decide on whether the person is who they say they are", said CEO Zia Hayat . The funds will be used to increase the scope of the company's sales operations and grow overseas.