Covid-19 accelerates demand for RegTech solutions in Asia, report finds
A report by Enterprise Ireland has found the effects of the Covid-19 pandemic has sped-up the demand for the adoption of RegTech solutions in the Asia Pacific (APAC) region.
Is there a need for globally mandated ESG reporting requirement?
As dangers associated with climate change continue to become more inescapable in the lives of companies and individuals alike, the importance and need for ESG – Environmental, Social and Governance – in the financial sector is growing stronger. Is it time for globally mandated ESG reporting in the financial sector?
Honeywell report finds external malware is rising challenge for industrial firms
Honeywell has found the number of cyber threats that use USB sticks and other external media devices as a launch point doubled during 2021.
Hong Kong could introduce mandatory climate disclosures as early as 2022, HKMA claims
The Hong Kong Monetary Authority (HKMA) is apparently planning to speed up proposals to require financial organisations to disclose their climate change-related financial risks.
More depth needed to protect against cyberattacks, US Attorney General claims
US Attorney General Merrick Garland has said the country’s private industry needs to enact better safeguards to avoid consequences in the event of a cyberattack.
Illumio bolsters unicorn status with Thoma Bravo-backed $225m Series F
Cybersecurity company Illumio has grown its valuation to $2.75bn after it raked in $225m in a Series F funding round.
Brazilian healthcare firm Grupo Fleury suffers significant ransomware attack
Sao Paulo-based medical diagnostics company Grupo Fleury has revealed it has suffered a ransomware attack that has led to it taking its systems offline.
Cyber innovator John McAfee dead at 75 following suspected suicide
John McAfee - founder of antivirus software giant McAfee – has died aged 75.
Japanese report offers recommendations on promoting sustainable finance
A report by a panel set up by Japan’s Financial Services Agency (FSA) has provided recommendations on how to promote sustainable finance in the country.
Study finds AML compliance costing UK firms over £28bn a year
A study by LexisNexis Risk Solutions has found anti-money laundering (AML) compliance is costing UK financial institutions £28.7bn and will raise to £30bn by 2023.
