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Interpol warns of cybercriminals using vaccine scams to defraud governments

Interpol has warned that organised crime groups are attempting to defraud governments by offering fake Covid-19 vaccine deals.

T-Mobile confirms data breach after 100 million customers compromised

T-Mobile has confirmed it has suffered a data breach after hackers obtained records of up to 100 million of its customers and is offering to put them up for sale.

SEBI looks to ease regulatory compliance burden with debt securities merger

The Securities and Exchange Board of India (SEBI) has merged its rules for debt securities into a single regulation to ease the regulatory compliance burden on organisations.

Accenture hit by ransomware attack by LockBit 2.0 group

IT consultancy giant Accenture has suffered a ransomware hack at the hands of ransomware group LockBit 2.0.

US making cybersecurity progress but work still needed, congressional report details

A report by the US Cyberspace Solarium Commission has found the US has made significant progress in shoring its cyber defences but that its work is not over yet.

Retail firms popular target for ransomware and data-theft, survey finds

A survey by cybersecurity company Sophos has found that retail organisations have become a popular target for ransomware and data stealing during the pandemic.

Cybavo looks to speed up global expansion with $4m pre-Series A raise

Singapore-based blockchain security solution provider Cybavo has bagged $4m in pre-Series A funding.

FCA receives over 2,700 financial misconduct complaints over 2020/21

The Financial Conduct Authority (FCA) has revealed it received a total of 2,754 allegations of financial misconduct over the 2020/21 financial year.

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?

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