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Hack attacks spiked by 260% in the first nine months of 2020

There has been a 260% jump in cyberattacks using encrypted channels to bypass legacy security controls in the first three quarters of the year, according to new research from Zscaler.

Why Onfido’s CEO and co-founder is stepping down

Global identity verification and authentication provider Onfido has announced a major shift in its leadership as CEO and co-founder Husayn Kassai is stepping down from his role.

A Monetary Authority of Singapore panel calls for financial institutions to review cybersecurity controls

The Cyber Security Advisory Panel (CSAP) of the Monetary Authority of Singapore (MAS) has stressed that financial institutions need to review their security controls.

Banks face considerably lower ratings if they don’t tackle financial crime and governance

Sigma Ratings and Fitch Group warn in a new report that banks and financial institutions could face serious risks if they neglect to tackle financial crime, oversight and governance risk.

Neobanks and InsurTech startups among the 23 FinTechs raising money last week

Challenger banks and InsurTech ventures stood out among the 23 FinTech companies that successfully raised money last week. But RegTech is seemingly trailing behind.

The University of South Australia has inked a deal with Optus to launch a...

The University of South Australia has signed a strategic partnership with Optus which will see them launching a Cyber Security Research and Collaboration hub together.

CMA blocks FNZ and GBST merger because of antitrust concerns

The UK's markets watchdog has halted the merger between investment platforms FNZ and GBST because of competition concerns.

DoJ files suit to block Visa’s acquisition of Plaid

Visa's $5.3bn acquisition of Plaid was supposed to be one of the biggest FinTech deals this year, but the US Department of Justice seems dead set against it and has filed a suit to stop the deal.

Stairwell secures $4.5m investment

Cybersecurity company Stairwell has bagged $4.5m in a seed round led by Accel.

Rimes buys RegTech firm EBR Analytics

Rimes Technologies has acquired compliance technology company EBR Analytics and will integrate it into its services.

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