Theta Lake bolsters leadership team as the RegTech is set on scaling the business
Collaboration security and compliance technology company Theta Lake has added an award-winning cybersecurity executive to its board of directors and two security industry leaders to its roster of advisors.
Firms paid $10.4bn in fines over the last year for breaking money laundering, privacy...
The total volume of fines levied against firms for breaking money laundering, data privacy, MiFID and know your customer rules jumped by 141% and amounted to $10.4bn in total so far this year.
Salt Security scores $30m in its Series B funding round led by Sequoia Capital
API security company Salt Security has scored $30m in its Series B round, which was led by Sequoia Capital, marking its second funding round of the year.
Orca Security nets $55m in its Series B round
Israel-based Orca Security has netted $55m in its Series B round, which was led by ICONIQ Growth.
Cyber insurance startup At-Bay secures $34m in its Series C round
Cyber insurance company At-Bay has raised $34m in its Series C round, which brings its total equity raised during 2020 to $74m.
Sysnet acquires Viking Cloud to strengthen its cybersecurity offering
Cybersecurity company Sysnet Global Solutions has acquired Viking Cloud to further enhance its technology platform and accelerate its market expansion plans.
What do these 28 FinTech rounds from last week reveal about the industry
Last week week saw 28 FinTechs close investment deals. Three sectors in particular proved especially successful.
Breaking: London is the hottest place in the world for RegTech investment right now
London wrestled the top spot for RegTech deal activity from San Francisco in the third quarter, now leading the 2020 investment league.
Hackers demand $1m from insurer Shirbit to keep compromised client data private
Hacking group Black Shadow has demanded to be paid almost $1m to keep the customer data it stole from Israeli insurance company Shirbit private.
Absa reveals customers’ data compromised in cyber breach
South Africa-based bank Absa has suffered a security breach that compromised personal data about customers.
