Leveraging AI to enhance efficiency in AML sanctions screening
False positives in AML compliance typically occur when a transaction or customer record wrongly flags a potential match with a sanctioned entity or individual...
Navigating the shift to simplified application security through consolidation
In the face of escalating cyber threats, organizations are rethinking their fragmented application security frameworks.
A striking 70% of businesses, overwhelmed by an array of...
Sublime Security secures $20m in Series A funding to enhance AI-powered email security
Sublime Security, an AI-powered, programmable email security platform, has successfully raised $20m in a Series A funding round.
Canadian FinTech firm Qohash secures $17.4m for AI data security expansion
Qohash, a leader in data security software, today announced it has secured $17.4m in Series B funding.
BforeAI announces $15m boost for advancing cybersecurity predictiveness
BforeAI, a leader in predictive security solutions, has successfully closed its Series A funding round, securing a substantial $15m.
EU launches new anti-money laundering agency in Frankfurt to bolster financial security
MEPs have approved the establishment of a new EU anti-money laundering agency, which will be based in Frankfurt.
Tackling money laundering: How KYC loopholes are exploited by criminals
KYC protocols serve as the cornerstone of AML efforts, obliging financial institutions to verify their customers’ identities.
KnowBe4 acquires Egress to enhance AI-driven email security
KnowBe4 has announced its plans to acquire Egress, a prominent figure in adaptive and integrated cloud email security.
ThreatLocker bags $115m in Series D to bolster cybersecurity offerings
ThreatLocker, an Orlando, Florida-headquartered cybersecurity firm, has successfully completed a $115m Series D funding round.
Nagomi Security unveils $30m boost in proactive cybersecurity management
Nagomi Security, a key player in the cyber sector, announced today its emergence from stealth mode with a substantial $30m in funding.