Hackers demand $1m from insurer Shirbit to keep compromised client data private
Hacking group Black Shadow has demanded to be paid almost $1m to keep the customer data it stole from Israeli insurance company Shirbit private.
Absa reveals customers’ data compromised in cyber breach
South Africa-based bank Absa has suffered a security breach that compromised personal data about customers.
AgentSync secures $6.7m seed extension
InsurTech AgentSync has secured $6.7m in a new funding round led by Craft Ventures.
Australia’s biggest cryptocurrency exchange accidentally compromised over 270,000 customers’ accounts
Cryptocurrency exchange BTC Markets accidentally exposed more than 270,000 of its customers' email addresses and names by email.
Cyber attacks expected to increase in 2021
If you think 2020 was bad when it came to cyber crime, a new report suggests that 2021 could be even worse.
Anyfin investigated by Swedish Consumer Agency again
FinTech Anyfin has found itself in the Swedish Consumer Agency's crosshairs again after two new commercials possibly broke the law.
Most European executives optimistic about open banking
European financial institutions are in general optimistic about open banking, but a risk of internal alignment could be holding them back, new data from Tink reveals.
Digital payments are becoming more popular ECB research shows
Cash may still be king, but new research from the European Central Bank shows digital payments are becoming more popular.
SEC accuses New Yorker of $2.1m fraud operating out of at least two boiler...
The US' top financial market regulator has filed a complaint in federal court for the Eastern District of New York, accusing a New Yorker of conducting a $2.1m fraud out of at least two boiler rooms over six months in 2018 and 2019.
Four fifths of businesses now see identity verification as a strategic differentiator
Business owners are seeing the benefit of have strong identity verification processes, with 81% believing it to be a strategic differentiator, according to a new study from GBG.
