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FCA

FCA unveils new Consumer Duty plan to boost savings interest rates

The UK FCA has announced its first actions under the new Consumer Duty rules, outlining a 14-point plan aimed at enhancing cash savings interest rates.
SEC

SEC adopts a 4-day rule for cybersecurity breach disclosures

The SEC adopted new rules this week requiring public firms to disclose all cyber breaches that could affect their bottom lines within four days.

FCA Consumer Duty Countdown: Are firms ready?

The final deadline for compliance with the UK Financial Conduct Authority's (FCA) new Consumer Duty is swiftly approaching in July 2023. The regulatory agency has been actively providing guidance, conducting multi-firm reviews, and sharing specific industry insights in the form of Dear CEO Letters to ensure that firms are adequately prepared for the implementation.
Consumer Duty

How will the introduction of Consumer Duty change RegTech?

After over a year since it was announced, the Consumer Duty legislation finally came into effect in the UK this week. How will it impact the RegTech space? 

Cyber risk solution provider Silk Security launches with $12.5m

Silk Security, the first platform aimed at providing sustainable cyber risk resolution, has emerged from stealth mode. Its launch marks a significant step forward in...

Converge Insurance raises $15m from Forgepoint Capital

Converge Insurance, a leading managing general agent (MGA) specialising in cyber risk management and underwriting, announced its successful raising of $15m in Series A...

Cyble’s AI-driven cybersecurity gets a $24m boost

Cyble, a burgeoning firm that brilliantly fuses cybersecurity with artificial intelligence (AI) to fashion state-of-the-art threat intelligence solutions, has announced a remarkable achievement in its latest funding round.
sustainability

EU Commisssion unveils final sustainability reporting standards

The European Commission has adopted the European Sustainability Reporting Standards (ESRS), significantly expanding the scope of sustainability reporting.
Plerion

Aussie cybersecurity startup Plerion secures $10m seed funding

Cybersecurity startup Plerion, founded by industry veterans Mike Rahmati, Paul Garner, and Pierre Liddle, has recently closed a $10m seed round.
national

Biden Administration rolls out first-ever national cyber workforce strategy

The US has unveiled the National Cyber Workforce and Education Strategy (NCWES), aimed at addressing immediate and long-term cyber workforce needs.

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