Is data the silver bullet in tackling financial crime?
As the world continues the shift to digital, getting to grips with the threat of financial crime looms large in the minds of banks. But data could be the key solution.
How will AI and automation disrupt the KYC and onboarding process for FinTech firms?
While banks have traditionally had a large workforce to complete the manual processes required for know your customer (KYC) and onboarding processes, embracing automation and modern technology is the way ahead. But where does that leave the future of RegTech?
Significant ransomware attack causes Irish healthcare IT shutdown
Ireland’s healthcare service has temporarily been forced to shut down its computer systems as a precaution following a significant ransomware attack.
AXA suffers ransomware attack following ransom payments support removal
Insurance juggernaut AXA has suffered a cyberattack that saw it lose 3 terabytes (TB) of sensitive data from its Asian operations.
Verizon report finds 85% of data breaches in 2020 involved human interaction
A report by Verizon has found that over 85% of data attacks in 2020 involved some form of human interaction.
N26 under BaFin scanner for inadequate measures against money laundering
German financial regulator BaFin has ordered challenger bank N26 Bank to implement appropriate controls and safeguards to prevent money laundering and terrorist financing.
BluBracket to expand go-to-market activities following $12m Series A
US enterprise security firm BluBracket has closed a $12m Series A round led by Evolution Equity Partners.
Authomize scores $16m as it launches out of stealth
Authomize, an identity and security management platform, has scored $16m in its Series A round, alongside its launch out of stealth.
UK Foreign Secretary calls on Russia to do more against state-backed cybercrime
The UK Foreign Secretary Dominic Raab has said Russia must do more to tackle cybercriminals operating from within their national borders.
Biden signs cybersecurity executive order in wake of pipeline hack
President Joe Biden has signed an executive order aimed at bolstering US cybersecurity defences following the Colonial Pipeline.
