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Identification/Background checks

Immersive Labs inks $75m to help businesses beef up their cyberskills

Immersive Labs, a platform which teaches cybersecurity skills to corporate employees by using real, up-to-date threat intelligence in a gamified way closed a $75m Series C funding round.

How Quantifind helps to improve adverse media screening

Adverse media screening is a grey area. It is not particularly clear if it is a legal requirement, but some banks have been flagged for engaging with illicit people, which a simple adverse media search would have told the bank not to engage that person.

JBS Foods pays multimillion ransom to end global ransomware cyberattack

Food processing company JBS Foods has confirmed it has paid an $11m million ransom payment to end a ransomware cyberattack on its global operations.

SentinelOne: Chinese hackers likely behind Russian government agency breach

Endpoint protection firm SentinelOne has claimed Chinese hackers were ‘likely’ behind a series of intrusions on Russian government agencies last year.

Trulioo hits $1.75bn valuation following close of Series D

Global identity verification platform Trulioo has entered the unicorn club after its $394m Series D round puts its valuation at $1.75bn.

US Department of Justice recovers most of Colonial Pipeline ransom payment

The US Department of Justice (D.O.J) has revealed it has recovered the majority of the $4.4m ransom payment paid by Colonial Pipeline to the DarkSide ransomware variant.

Bank identity checks could push close to a quarter to competitors, survey finds

A survey by FICO has found almost a quarter of UK-based respondents would move to a competitor if asked to visit branches or post documents when applying for an account.

Austreme secures patent for card testing fraud detection technology

Hong Kong-based forensic RegTech company Austreme has received approval for a patent for its e-commerce card testing fraud detection system.

LoginID receives strategic investment from Visa

LoginID, a biometrics authentication services provider, has received strategic funding from payments giant Visa, hot off the heels of its seed round.

Brazil-based ID validation platform idwall raises $38m to tackle online fraud in LatAm

Brazilian identity verification and background check company idwall, which offers onboarding with selfie biometrics, has raised $38m in Series C funding.

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