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Mocana raises $15 million for internet of things cybersecurity

March 04, 2019 / KYLE WIGGERS

Cybercrime is on the rise. As many as 73 percent of industrial companies have suffered a security incident resulting in the loss of sensitive data, according to Siemens, and those breaches are projected to be costly. A report from Cybersecurity Ventures pegs the total collective damages at $6 trillion by 2021.