Memcyco Raises $10M To Deliver Real-Time Brandjacking Protection
Tel Aviv, Israel, May 24th, 2023, Cyberwire
Memcyco, the real-time website impersonation detection and prevention solution, has completed a $10 million seed round led by Capri Ventures and Venture Guides.
Brandjacking is among the most common forms of cyberattacks globally. Twenty percent of consumers collectively lost more than $2.6 billion in 2022 due to imposter scams, according to U.S. FTC Consumer Sentinel Network’s data book. Website impersonation (also known as “brandjacking”) draws users to fraudulent copies of…