Cryptocurrency-based crime reached a new high in 2021
A report by Chainalysis has found illicit addresses received $14bn in deposits during 2021, which was almost twice the amount they collected in 2020.
Deutsche Bank slapped with €8.6m fine for Euribor control deficiencies
Deutsche Bank has been fined €8.6m by BaFin due to weaknesses relating to controls of Euribor, the Euro Interbank Offered Rate benchmark used in the financial industry.
iProov secures $70m backing from Sumeru Equity Partners
Biometric face authentication company iProov has landed $70m in growth investment from Silicon Valley-based Sumeru Equity Partners.
Could 2022 be the year of the CBDC?
With the rise of cryptocurrencies showing no signs of slowing down, the growth of central bank digital currencies (CBDC) appears to be another trend on the ascendancy. Will 2022 prove to be a red-letter year for CBDC adoption?
Security intelligence firm Recorded Future snaps up SecurityTrails
Recorded Future, the largest global provider of intelligence for enterprise security, has acquired attack surface monitoring provider SecurityTrails for an undisclosed fee.
Connected ecosystem platform Ockam nets $12.5m
Ockam, which builds connected ecosystems with strong security, has netted $12.5m in its Series A funding round.
PassFort, Trulioo enter global partnership to transform KYC for regulated firms
RegTech firm PassFort and identity verification company Trulioo have partnered to offer regulated businesses a way to digitally transform their KYC and KYB processes.
Zero-trust security software Xage nets Series B
Xage, a zero-trust security company, has collected $30m in its Series B funding round.
Google acquires security operations enterprise Siemplify
Google Cloud has acquired security orchestration, automation and response (SOAR) provider Siemplify in a $500m deal.
CyberTech for AI software TrojAI bags seed round
TrojAI, a cybersecurity platform designed for AI solution providers, has netted CAD3m ($2.3m) in its seed round.
