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US introduces first cyber czar to bolster government response to cybercrime

The United States Senate has confirmed Chris Inglis as the first-ever cyber czar for the US government.

Cyber firm Claroty rakes in $140m from Series D, unicorn status uncertain

US industrial cybersecurity company Claroty has raised $140m from a Series D funding round co-led by Bessemer Venture Partners’ Century II fund and 40 North Ventures.

EU tech law risks destroying iPhone security, Apple chief warns

The CEO of Apple has warned that a proposed new European Union technology law aimed at reigning in tech behemoths could ‘destroy the security of the iPhone’.

Cyber firm Threatray secures €2.3m to fuel team expansion

Swiss cybersecurity analytics enterprise Threatray has raised €2.3m from a funding round led by Verve Ventures.

Elisity seeks to scale cybersecurity platform with $26m Series A raise

US cybersecurity platform Elisity has snared $26m from a Series A funding round to meet growing demand of its cloud-delivered cybersecurity platform.

Veriff, Monese partner to offer secure digital banking services to Europe

Estonian identity verification firm Veriff has teamed with mobile money app Monese to provide strengthened and secure digital banking services to European consumers.

Study finds central bank digital currencies may trigger stronger forex controls

A study by the Bank for International Settlements (BIS) has discovered the introduction of central bank digital currencies (CBDCs) may lead to greater foreign exchange controls.

G7 calls on Russia to take firmer action on cybercrime attacks

The G7 has called on Russia to take stronger action on ransomware attacks and cybercrime that has occurred within their borders.

HKMA launches strategy for bolstering Hong Kong FinTech market

The Hong Kong Monetary Authority (HKMA) has unveiled a new strategy for driving FinTech development in Hong Kong.

US Department of Justice recovers most of Colonial Pipeline ransom payment

The US Department of Justice (D.O.J) has revealed it has recovered the majority of the $4.4m ransom payment paid by Colonial Pipeline to the DarkSide ransomware variant.

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