Vanguard fined $8.9m for misleading ESG claims in Australia
An Australian federal court has imposed a record A$12.9m fine on Vanguard Investments Australia for misleading claims about the ethical standards of its Vanguard Ethically Conscious Global Aggregate Bond Index Fund.
DefectDojo secures $7m to propel application security innovations
DefectDojo, a leader in application security solutions, has recently successfully secured $7m in funding.
Lucinity and Resistant AI forge dynamic partnership to combat financial crime
Lucinity, an AI-powered financial crime investigation platform, and Resistant AI, experts in detecting fraud and money laundering, have joined forces.
PSR Iintroduces £85k cap for APP scam victims starting October
PSR has announced a new reimbursement cap for victims of Authorised Push Payment (APP) scams, setting the maximum limit at £85,000.
MAS launches new panel to boost technology and cyber resilience
The MAS has officially launched the Cyber and Technology Resilience Experts (CTREX) Panel, a pioneering initiative aimed at enhancing the operational resilience of the financial sector through advanced technology and cybersecurity measures.
Tamnoon secures $12m Series A for pioneering hybrid human-AI cloud security service
Tamnoon, a leader in Managed Cloud Security Remediation, announced today that it has secured $12m in Series A funding.
Dotfile secures €6m to enhance RegTech innovation with AI-driven compliance
Dotfile, a French RegTech firm established in 2021, has successfully completed a €6m fundraising round.
Blackpanda secures $6.7m in strategic investment to bolster cyber resilience in Asia
Blackpanda, a leader in cyber emergency response based in Asia, announced a strategic funding boost of $6.7m today.
Hong Kong sets 2025 goal for aligned global sustainability standards
Hong Kong's financial institutions are poised to adopt new sustainability reporting standards under proposals by the HKICPA.
How US banks are struggling to keep up with cybercriminals
A recent study conducted by RedCompass Labs has revealed a concerning lag in how U.S. banks are keeping pace with criminals.
