A London tech company has raised almost £10 million in funding to help develop software to bolster security for messaging apps amid intense scrutiny of how bankers and City financiers use Whatsapp to handle sensitive data.
Worldr’s software helps organisations to retain data sovereignty over information shared on communication and collaboration platforms, such as Microsoft Teams, WhatsApp, Outlook and Slack and comes just weeks after the US finance regulator slapped a number of major global banks with fines totalling $1.8bn for the improper use of private messaging apps by employees.
