85% of CISOs have sacrificed cybersecurity to implement remote working – study claims
Worrying stats suggest that 85% of CISOs claim they have sacrificed cybersecurity to quickly enable remote working, according to a new study from Netwrix.
Using facial recognition for second-factor authentication – Electronic IDentification
Second-Factor Authentication (2FA) has been implemented across Europe under the PSD2 regulation and is helping protect consumers with online fraud. In a new case study, Electronic IDentification has explored the technology.
Singapore’s government tap iProov to provide facial recognition technology
Singaporeans can now access online digital government servicesusing facial verification implemented by iProov and and Toppan Ecquaria.
TrueLayer bags $25m in Series C round
Open banking company TrueLayer has added another $25m to its coffers by tapping its existing investors for another cash injection.
Swedish Financial Supervisory Authority penalises SEB with $112m fine for AML failings
The Swedish Financial Supervisory Authority (SFSA) has given Nordic bank SEB with a SEK1bn ($112m) administrative fine after failings in its anti-money laundering efforts.
Swedbank is being investigated by the Swedish Financial Supervisory Authority for suspected compliance breaches
The Swedish Financial Supervisory Authority (SFSA) has initiated an investigation into Swedbank for suspected breaches of market abuse.
The European Banking Authority releases online survey for support on ESG risks
The European Banking Authority (EBA) issued a online survey to credit institutions to offer guidance on the disclosure of information on environmental social governance (ESG) risks.
The European Central Bank is reducing the burden of reporting for banks
The European Central Bank (ECB) has reduced the reporting burden banks in Europe face without impacting the amount of information it is able to collect.
The UK’s FCA launches new review of unsecured credit market
The UK’s Financial Conduct Authority (FCA) has launched a review of the future regulation of the unsecured credit market, which could see crackdown on companies
Palo Alto Networks acquires The Crypsis Group in $265m deal
Cybersecurity company Palo Alto Networks has acquired incident response and risk management consultant The Crypsis Group in a deal worth $265m.
