Home RegTech Identification/Background checks

Identification/Background checks

South Africa’s Justice Department suffers significant ransomware hack

The global spread of ransomware attacks has continued after South Africa’s Justice Department saw its network encrypted.

Persona becomes the latest RegTech unicorn following Series C close

Identity infrastructure company Persona is the latest RegTech company to join the coveted unicorn status, after its Series C puts its valuation at $1.5bn.

Almost half of on-premises databases worldwide vulnerable to attacks

A five-year study by cybersecurity firm Imperva has found up to 46% on-premises databases globally contain at least one vulnerability that could expose them to attacks.

REvil ransomware group returns following short period offline

The REvil ransomware gang – also known as Sodinokibi – has fully returned following a period in the darkness since July this year.

LGBTQ+ community being targeted for extortion on dating apps, US FTC warns

The US Federal Trade Commission (FTC) has warned that extortion scammers are targeting the LGBTQ+ community through dating apps such as Feeld and Grindr.

Tenable set to acquire security firm Accurics for $160m

Cyber exposure firm Tenable is planning to purchase cloud-native security company Accurics for a total fee of $160m.

Evolon Technology reels in $16m from Series A round

Security company Evolon Technology has secured $16m from a Series A funding round to help it further accelerate growth.

ADVANCE.AI seeking $200m to put it in the unicorn club

Singapore-based ADVANCE.AI, which develops digital identity verification tools, is reportedly looking to raise $200m in funding.

Striking a balance between compliance and customer experience during client onboarding

The onboarding process requires financial institutions comply with increasing global and regionally specific regulations while also delivering an enhanced customer experience. As a result, they must embrace modern technologies to streamline the KYC process and stay competitive.

French government teams up with IDEMIA for national identity card

The French government has picked augmented identity company IDEMIA to support its national eID card (CNie).
86083

50,000+ RegTech leaders get exclusive industry stories delivered every week