US Justice Department performs $3.6bn cryptocurrency seizure
The US Department of Justice (DoJ) has undertaken a seizure of $3.6bn in cryptocurrency in what is being described as its largest-ever financial seizure.
North Korea stealing millions through cyber-attacks, claim UN experts
North Korea is continuing to steal hundreds of millions of dollars from financial institutions, exchanges and crypto firms, according to UN experts.
Forensics-powered CyberTech company nets $10m
Binalyze, an enterprise forensics platform that arms clients against cyber threats, has bagged $10m in its seed funding round.
US unveils cyber safety review board in public-private collaboration
The Department of Homeland Security (DHS) have launched the first ever cyber safety review board with the goal of boosting cybersecurity in the US.
Passage arises from stealth with $4m and beta product launch
Cybersecurity company Passage has secured $4m from a funding raise after emerging from a period of stealth.
CyberTech firm PlexTrac scores $70m Series B
Cybersecurity firm PlexTrac has secured $70m from a Series B funding round headed by Insight Partners.
UK Treasury Committee calls for government action on fraud and scam surge
A new report by the UK’s Treasury Select Committee has called on the government to work harder to tackle the ‘growing fraud epidemic’ in the UK.
UK’s CMA warns Monzo over banking order breach
The UK’s Competition and Markets Authority (CMA) has warned Monzo over a breach of retail banking regulations.
FCC revokes Chinese telecom provider licence due to security risks
The Federal Communications Commission (FCC) has revoked China Unicom Americas’ licence due to ‘serious national security concerns’.
Americans lost $770m from social media scams in 2021
Reports received by the Federal Trade Commission have found US citizens were scammed to the tune of $770m through social media cons during 2021.