OwnBackup to expand market reach after snaring $240m in Series E round
US data protection solutions provider OwnBackup has secured $240m from a Series E funding round at a valuation of $3.35bn.
Will cyberspace be a battlefield for financial institutions?
The cyberspace race is heating up. Over the past year, the number of ransomware and general cyberattacks have increased dramatically, with more companies, individuals and even governments falling into digital bear traps. How will this growing problem impact financial institutions?
RBI publishes consultation on overseas investment liberalisation
The Reserve Bank of India (RBI) has introduced two consultation papers with an aim of liberalising the county’s overseas investment regulatory stance.
SEC fines Poloniex $10m for operating unregistered crypto exchange
The US Securities and Exchange Commission (SEC) has slapped a $10m fine on crypto firm Poloniex for operating an unregistered cryptocurrency exchange.
Antivirus firm NortonLifeLock set to snap up Avast in $8.6bn deal
Consumer antivirus company NortonLifeLock has entered an agreement to purchase competitor Avast in a deal valued between $8.1bn and $8.6bn.
Kroll introduces new KYC solution to strengthen checks, onboarding efficiency
US firm Kroll has introduced Kroll Business Connect, a new know-your-customer (KYC) tool to bolster the onboarding efficiency and KYC checks.
Israeli cybersecurity firm SIGA snares $8.1m in Series B round
Operational technology cybersecurity business SIGA OT Solutions has secured funding of $8.1m from a Series B capital raise.
LedgerEdge teams up with Eventus to boost global trade surveillance
Blockchain-based corporate bond trading startup LedgerEdge has selected multi-asset class trade surveillance and market risk solutions provider Eventus Systems for its trade surveillance platform dubbed Validus ahead of its launch.
Japanese Financial Services Agency steps up plans to establish new ESG framework
The Japanese Financial Services Agency (FSA) has revealed it is planning to develop a new framework for the certification of ESG-related products.
US Senate report finds government agencies failing to improve cyber posture
A report published by US Senate Committee has found only one of eight federal agencies showed improvements in strengthening their cybersecurity programs.
