Ecommerce fraud losses of $20bn expected in 2021, China to be key fraud market
A new study by Juniper Research has highlighted it expects over $20bn in ecommerce losses this year due to online payment fraud – a rise of 18% compared to 2020.
President Biden rolls out 100-day plan to bolster US grid cybersecurity
US President Joe Biden has announced a 100-day plan focused on rapidly strengthening US power grid cybersecurity.
SailPoint joins UK investment body to bolster fight against cyber crime
Identity security firm SailPoint has become a member of The Investment Association – a trade organisation that represents UK investment managers and asset management firms.
APRA guidance offers support on tackling climate-related financial risks
The Australian Prudential Regulation Authority (APRA) has issued a draft practice guide to banks, superannuation trustees and insures on managing climate-linked financial risks.
The west is facing a ‘moment of reckoning’ on cybersecurity, GCHQ chief warns
The head of GCHQ has claimed the UK and its allies face a ‘moment of reckoning’ where the global direction of cybersecurity may not be ‘shaped and controlled by the west’.
CluedIn eyes expanded global footprint following $15m Series A
Danish data management company CluedIn has raised $15m from a Series A funding round led by Dawn Capital.
US eyes greater cyber influence with new Cyber Diplomacy Act bill
The US House of Representatives has passed a bill that would create a cyber diplomacy office at the US State Department and boost US influence in global cyberspace.
FICO survey highlights evolving identity theft challenges in the online age
A survey by data analytics company FICO has found up to 4% of UK consumers believe their identity has been stolen online.
MAS penalises Singaporean bank branch S$1m for fraud, terrorism failures
The Monetary Authority of Singapore (MAS) has imposed a penalty of S$1m on a Singapore-based bank branch for not complying with its anti-money laundering and terrorism financing acts.
Ikano taps TruNarrative to support global fraud prevention strategy
Swedish bank Ikano has chosen UK RegTech platform TruNarrative to provide digital onboarding and fraud risk management services for its company.
