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Financial Crime/Fraud Prevention

Blockpit nets $10m to support international expansion of crypto tax reporting service

Blockpit, which offers tax reporting and portfolio tracking services for cryptocurrency, has scored $10m in its Series A.

US will act on cybercriminals if Russia doesn’t, White House Press Secretary warns

US White House Press Secretary Jen Psaki has warned the Russian government that the US will take action against cybercriminal groups if the Russian government fails to do so.

Pixel to acquire Cyphra to tackle growing cybersecurity issues for UK firms

IT company Pixel Holdco is set to purchase Northern Irish cybersecurity firm Cyphra for an undisclosed fee.

Sevco launches cloud security platform following $15m Series A

US firm Sevco Security has officially introduced its cloud-native security asset intelligence platform after it raised $15m in a Series A funding round.

Kaseya hit by one of the largest cyberattacks in history with REvil hack

US IT provider Kaseya has become the latest in a growing line of organisations to suffer a cyberattack at the hands of the REvil ransomware group.

CISA unveils ransomware self-assessment tool to bolster company security

The US Cybersecurity and Infrastructure Security Agency (CISA) has launched the Ransomware Readiness Assessment (RRA) to help companies strengthen their security.

Airbnb to clampdown on unregistered rentals after a $9.6m fine from Paris court

Paris Court has fined Airbnb, the home-sharing giant to pay $9.6m for allowing over 1,000 listings to flout rules to register their rentals. It was the latest clash...

Barracuda acquires MSP-focused XDR platform SKOUT Cybersecurity

Cloud-enabled security solution provider Barracuda Networks acquired SKOUT Cybersecurity in an attempt to foray into the extended detection and response (XDR) market.

Anti-fraud RegTech company Riskified files for its IPO

Fraud management platform Riskified has filed for its IPO on the New York Stock Exchange.

Online payment fraud losses to hit $206bn by 2025

Merchant losses to online payment fraud is expected to hit $206bn cumulatively between 2021 and 2025, new research claims.

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