Adaptive Shield inks $30m Series A to extend SaaS security
Israeli cybersecurity startup Adaptive Shield has raked in $30m from a Series A capital raise led by Insight Partners.
New US bill requires ransomware victims to report payments within two days
A bill drafted by the US Senate and House of Representatives would require victims of ransomware attacks in the US to report any payments to hackers within 48 hours.
How the pandemic supercharged the growth of the digital signature market
A huge challenge for companies and consumers alike during the pandemic was the inability for business matters to be conducted in-person. As countries globally entered lockdowns, the possibility for wet signatures – a signature commonly done with pen and paper – become almost impossible.
Biden unveils international collaboration to tackle global ransomware challenges
US President Joe Biden has said that the US will unite 30 countries to crack down on the threat posed by ransomware gangs worldwide.
UK to invest £5bn in cyber unit to perform retaliatory cyberattacks
The UK will invest £5bn into the creation of a Cyber Force unit that will strike back on cyberattacks with retaliatory hacks.
N26 pays €4.5m fine for delays to reporting suspicious activity
Germany digital bank N26 has been issued a €4.5m fine from the Federal Financial Supervisory Authority (BaFin) for its delay in submitting reports around AML.
McAfee Enterprise and FireEye Products merger to create $2bn company
McAfee Enterprise and FireEye Products are set to merge into a single company that will have a revenue of almost $2bn.
Is RegTech the way to transform customer experience?
In a three-part series on the topic of customer experience, TAINA CEO Maria Scott has recently discussed in the first article how regulatory technology is the ‘next frontier’ of customer experience.
Does the FinTech industry have a compliance problem?
A recent blogpost by Sigma Ratings has detailed how the FinTech industry is facing heightened scrutiny from regulators as issues around compliance comes to the forefront.
MAS to launch digital platform to help FIs fight money laundering
The Monetary Authority of Singapore (MAS) is set to introduce a digital platform that will enable financial institutions to share with one another tips to prevent financial crime.