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Financial Crime/Fraud Prevention

Accellion ends data breach lawsuit with $8.1m FTA settlement

Content firewall provider Accellion has come to a settlement of $8.1m to bring to an end a lawsuit over a data breach that involved FTA, its legacy file sharing service.

Permiso Security nails down $10m seed to scale team and footprint

Cloud identity detection and response firm Permiso.io has secured $10m from a seed funding round led by Point72 Ventures.

Advanced Fraud Solutions becomes a preferred partner of Nacha

Advanced Fraud Solutions, a real-time anti-fraud solution developer, has been recognised as a preferred partner of Nacha, which governs the ACH Network.

FBI unveils plan to shift cybercrime approach away from arrest-first

The FBI has revealed it is intending to move away from its indictment and arrest-first model to a cost-imposing and incident response model.

Blockchain security firm Redefine claims $11m seed

Israeli blockchain security startup Redefine has scored $11m in seed funding capital.

Two years on: how the pandemic has changed the RegTech sector

When Covid-19 swept the world at the start of 2020, no one had any idea how much it would change the way we live and work. As in-person restrictions continue to fester two years on, how has the opportunities provided by the pandemic impacted the RegTech industry?

North Korean cybercriminals stole almost $400m worth of digital assets in 2021

Research by Chainalysis has found North Korean cybercriminals stole close to $400m worth of digital assets across at least seven cyberattacks last year.

Cyber InsurTech Stoïk bags €3.8m to push forward development

French firm Stoïk has raised €3.8m from a new funding round to help the company with its development efforts.

How cyberattacks in 2021 broke new records

Research by Check Point Software has identified that weekly cyber-attacks reached an all-time new high in 2021 with 50% more attacks recorded than the previous year.

US issues advisory on Russia as cyber tensions heat up

Three US government agencies have issued a joint cybersecurity advisory on Russia as anxieties around a potential invasion of Ukraine by the latter mount.

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