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Identification/Background checks

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.

KPMG UK releases new cloud-based customer due diligence solution

KPMG UK has released a new customer due diligence (CDD) solution that it hopes can reduce the total costs of KYC compliance of up to 40%.

CISA unveils tool to help organisations assess insider threat vulnerability risk

The US Cybersecurity and Infrastructure Security Agency (CISA) has released a tool that will allow organisations to assess vulnerability to insider threats and create defence plans.

Identity command centre Alloy hits $1.35bn valuation after Series C close

Digital identity command centre Alloy has secured $100m in its Series C funding round, bringing its valuation to $1.35bn.

SecZetta eyes geographical expansion following $20m Series B

Identity risk solutions business SecZetta has secured $20m from a Series B funding round led by SYN Ventures and MassMutual Ventures.

How can firms assess the risks associated with a politically exposed person?

A recent webinar by Alessa by Tier 1 Financial Solutions has examined what constitutes a politically exposed person (PEP) and why relationships with certain PEPs may offer increased financial crime threats.

Security giant Akamai to acquire Guardicore in $600m deal

Edge security and content deliver firm Akamai Technologies is set to purchase micro-segmentation company Guardicore for a total of $600m.

Cyber insurer Coalition enhances unicorn status with $205m Series E

Cyber insurance and security firm Coalition has raised $205m from a Series E funding round, lifting its valuation to $3.5bn.

Communities of colour found to be more likely to suffer cyberattacks

A survey by internet security firm Malwarebytes has found that black, indigenous and people of colour (BIPOC) are more likely to suffer from identity theft.

KYC Portal underlines benefits of perpetual know-your-customer approach

A blogpost by KYC Portal has detailed how an ongoing know-your-customer (KYC) approach can help firms reduce their risk exposure to hours instead of weeks or months.
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