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Deal Updates

Cloud security platform Bitglass secures $70m in Series D

Bitglass, which provides cloud security and data protection services to enterprises, has secured $70m in its Series D round of funding.

Cybersecurity specialist RedSeal gets Symphony Technology Group backing

Cybersecurity specialist RedSeal has reportedly picked up investment from private equity house Symphony Technology Group in a deal worth about $70m.

Bewica launches new cyber insurance tools for brokers and intemediaries

Cyber insurance MGA Bewica has released a set of tools to help brokers and intermediaries looking to move into the SME cyber insurance space.

FCA slaps Standard Chartered with £102.2m fine for ‘poor’ AML controls

The Financial Conduct Authority has issued its second largest financial penalty ever for AML controls failings, after fining Standard Chartered Bank £102.2m for breaches in two areas of the business.

Mastercard, Microsoft, and Workday launch Cybersecurity Talent Initiative

Mastercard, Microsoft, and Workday have launched the Cybersecurity Talent Initiate, a partnership to recruit the US’ best talent to help defend against cyberattacks.

World Federation of Exchanges welcomes FATF’s virtual asset service provider recommendations

The World Federation of Exchanges (WFE) has welcomed the recommendations from the Financial Action Task Force (FATF) on mitigating risks associated with virtual asset service providers.

European Commission and ESAs launch European Forum for Innovation Facilitators

The European Commission and the European Supervisory Authorities (ESAs) has launched its European Forum for Innovation Facilitators (EFIF).

Apiax opens new London office to capitalise on Brexit opportunities

Digital compliance platform Apiax has hired former FCA regulatory technology expert Alan Blanchard and opened a new office in London.

Compliance.ai, LogicManager partner to give banks and credit unions streamlined compliance management

Compliance.ai has partnered with LogicManager to provide banks and credit unions a modern and seamless compliance management solution.

RiskLens pulls in $20.55m Series B, to support its 100% YoY growth

Cyber risk management company RiskLens has pulled in $20.55m in Series B funding which will support the company’s continued 100 per cent year over year growth.

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