Hong Kong’s SFC unveils consultation conclusion on AML/CFT guideline amendments
Hong Kong’s Securities and Futures Commission (SFC) has published the conclusion of a consultation to amend its anti-money laundering and counter terrorism financing guidelines.
Envelop Risk concludes SoftBank-led Series B with $130m
Cyber and speciality (re)insurance firm Envelop Risk has secured $130m from a Series B funding round led by SoftBank Vision Fund 2.
Bank of England issues letter to banks on regulatory reporting shortfalls
The Bank of England (BofE) has sent a warning letter to banks and building societies for not supplying correct information to help regulators identify risks to the financial system.
How communication compliance has become the biggest hurdle for financial firms
With workforces becoming increasingly dispersed, methods of communication have escalated, making security compliance a key challenge for firms.
The Covid-19 crisis has prompted radical shifts...
Almost half of on-premises databases worldwide vulnerable to attacks
A five-year study by cybersecurity firm Imperva has found up to 46% on-premises databases globally contain at least one vulnerability that could expose them to attacks.
Has the DOJ’s updated compliance guidance changed the industry a year on?
A recent report by Clausematch has examined what have been the key developments since the US Department of Justice (DOJ) updated its compliance guidance for 2020.
REvil ransomware group returns following short period offline
The REvil ransomware gang – also known as Sodinokibi – has fully returned following a period in the darkness since July this year.
LGBTQ+ community being targeted for extortion on dating apps, US FTC warns
The US Federal Trade Commission (FTC) has warned that extortion scammers are targeting the LGBTQ+ community through dating apps such as Feeld and Grindr.
Banks believe London will remain global financial center despite Brexit
A recent Lloyds Bank survey has found that banks believe London will maintain its leading global financial center status despite the regulatory uncertainty posed by Brexit.
Tenable set to acquire security firm Accurics for $160m
Cyber exposure firm Tenable is planning to purchase cloud-native security company Accurics for a total fee of $160m.
