BOSTON, U.S. -- Sumitomo Corp. is looking to cash in on Japan's growing cybersecurity concerns with a roughly $7 million investment in U.S. software encryption startup PreVeil.
Conglomerate and US startup PreVeil see huge market for end-to-end encryption

High-profile hacking incidents, including the Sony email leak, are expected to drive demand for cybersecurity services in Japan. © Reuters
BOSTON, U.S. -- Sumitomo Corp. is looking to cash in on Japan's growing cybersecurity concerns with a roughly $7 million investment in U.S. software encryption startup PreVeil.