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Cybersecurity scaleup Acronis achieves unicorn status after $147m funding round

Singapore-founded and Switzerland-headquartered Acronis’ CEO says the company is valued between $1bn and $2bn after the cybersecurity firm’s latest round.

Over $352m in AML fines have been deployed in last four months

More than $352.5m worth of anti-money laundering (AML) fines were handed out globally in the last four months, according to the latest study from Encompass Corporation.

Here’s why your employees are your biggest cybersecurity risk

The cybersecurity threat is constantly evolving and the day a firm believes they have achieved all there is to achieve, is the day they will fall foul to the next emerging risk; the Insider Threat, according to Tony Pepper, CEO at Egress.

FICO and Arachnys partner to boost businesses’ KYC efforts

Financial crime compliance solutions provider FICO has entered into a partnership with Arachnys, the client onboarding risk management RegTech firm.

Cyberinc and InfiniVAN sign partnership

Cybersecurity startup Cyberinc has selected InfiniVAN as a cloud service partner.

Nets teams with KPMG to build new fraud monitoring solution

European payments company Nets has teamed up with KPMG to create a new fraud monitoring and prevention solution.

Alleged JPMorgan hacker to plead guilty of stealing 80 million customers’ financial data

Andrei Tyurin is expected to plead guilty later in September to the allegations of having hacked JP Morgan Chase & Co in a hack that netted hundreds of millions of dollars.

Swedbank gives prosecutor permission to question the bank’s lawyer over money laundering scandal

Swedish bank Swedbank has allowed authorities investigating a potential money laundering scandal to interview the lawyer who conducted the internal probe into the allegations.

Americans don’t step up to protect themselves against hack attacks

Despite most Americans knowing about the risks poised by cyber attacks, few are taking the steps needed to protect themselves against them.

What do FinTech and RegTech stakeholders think about the new Australian senate committee investigating...

Last week the Australian senate announced it would launch a new select committee to ensure the FinTech and RegTech sectors keep growing and remain compliant. Now, industry leaders have revealed what they think about it.

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