Cybersecurity firm Arctic Wolf triples valuation to $4.3bn after Viking Global Investors-led $150m round
Minnesota-based Arctic Wolf closed a $150m Series F, nine months after a $200m Series E, boosting its valuation to $4.3bn - more than three times what it was worth at the end of 2020.
Can modern technology assist regulated institutions in their AML commitments?
Technology has the potential to combat money laundering and terrorist financing (AML/CFT) therefore making compliance faster, cheaper and more efficient, according to a new blog post by Sigma...
Microsoft to acquire RiskIQ to strengthen its cybersecurity portfolio
Microsoft is acquiring San Francisco-based RiskIQ, a company that specialises in detecting security threats to help its customers address the risks created by remote work.
The...
Electronic IDentification unveils digital solution to simplify onboarding process
Spanish identity software specialist Electronic IDentification (eID) has launched a new solution aimed at building any digital onboarding process within hours.
The Monetary Authority of Singapore launches new competition for data analytics and AI solutions
The Monetary Authority of Singapore (MAS) has launched a new competition designed to accelerate the development of AI and data analytics (AIDA) solutions.
FCA provides warnings to banks over money laundering failings
The Financial Conduct Authority (FCA) has issued warning letters to retail banks due to ongoing weaknesses and failings around their financial crime controls.
Interpol calls for police, industry unity against possible ‘ransomware pandemic’
Interpol has urged police agencies and industry partners to unite to prevent a possible ransomware pandemic from taking hold.
Financial anti-crime startup Quantexa snags $153m to accelerate growth
UK-based Quantexa has raised $153m in a funding round led by Warburg Pincus along with a slew of undisclosed blue-chip investors as it seeks...
FCA slaps Lloyds Bank’s insurance division with £90m fine for misleading customers
The Financial Conduct Authority (FCA) fined the insurance division of Lloyds Bank £90.7m for sending misleading renewal quotes to nine million customers.
The regulator stated...
Cloud security platform Netskope’s valuation more than doubles to $7.5bn after latest funding round
Secure Access Service Edge (SASE) company Netskope raised $300m in funding led by existing investor ICONIQ Growth.
The round also saw participation from existing investors Lightspeed Venture...
