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Elisity seeks to scale cybersecurity platform with $26m Series A raise

US cybersecurity platform Elisity has snared $26m from a Series A funding round to meet growing demand of its cloud-delivered cybersecurity platform.

Veriff, Monese partner to offer secure digital banking services to Europe

Estonian identity verification firm Veriff has teamed with mobile money app Monese to provide strengthened and secure digital banking services to European consumers.

US nuclear weapons contractor suffers ransomware cyberattack

US nuclear weapons contractor Sol Oriens has revealed it has suffered a ransomware cyberattack allegedly by the REvil ransomware group.

Study finds central bank digital currencies may trigger stronger forex controls

A study by the Bank for International Settlements (BIS) has discovered the introduction of central bank digital currencies (CBDCs) may lead to greater foreign exchange controls.

People’s Bank of China set to begin green finance evaluation of major banks

The People’s Bank of China (PBOC) has revealed it will begin quarterly assessments of the green finance performance of 24 major Chinese banks starting 1 July this year.

China bolsters regulatory oversight with new data security law

China’s National People’s Congress (NPC) has passed its first data security law aimed at strengthening the government’s hand over the data produced and stored in the country.

G7 calls on Russia to take firmer action on cybercrime attacks

The G7 has called on Russia to take stronger action on ransomware attacks and cybercrime that has occurred within their borders.

RegTech Castlepoint looks toward global expansion following $3m Series A

Australian compliance software specialist Castlepoint Systems has completed a $3m Series A funding round led by Main Sequence.

HKMA launches strategy for bolstering Hong Kong FinTech market

The Hong Kong Monetary Authority (HKMA) has unveiled a new strategy for driving FinTech development in Hong Kong.

JBS Foods pays multimillion ransom to end global ransomware cyberattack

Food processing company JBS Foods has confirmed it has paid an $11m million ransom payment to end a ransomware cyberattack on its global operations.
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