Santander sends customers £130m in technical malfunction
Santander is attempting to regain £130m after the bank sent out payments by accident to 75,000 accounts on Christmas Day.
Metro Bank fined £5.3m by PRA for reporting failure
The Prudential Regulation Authority (PRA) has issued a £5.3m fine to Metro Bank for failings with its regulatory reporting.
Aware acquires fellow biometrics authentication platform Fortress Identity
Aware, a global biometrics software developer, has acquired digital ID verification and biometric authentication platform Fortress Identity.
Mitiga snaps up further Series A funding
Cloud incident response company Mitiga has received a Series A funding round.
Scammers are stealing $80m per month through fake giveaways and surveys
A report by Group-IB has found threat actors are making $80m a month by impersonating known brands asking people to participate in phoney surveys and giveaways.
Australia’s CFR backs cryptoasset regulation framework
Australia’s Council of Financial Regulators (CFR) has revealed its support for a government plan to create a new regulatory framework for cryptoassets.
Metro Bank fined £5.4m for regulatory reporting failings
The Prudential Regulation Authority (PRA) has slapped Metro Bank with a fine of £5,376,000 for deficiencies related to the governance and controls of its regulatory reporting.
The ongoing rise of RegTech
A recent blogpost by PassFort has summarised what is driving the increased adoption of RegTech solutions and what trends the industry may see in 2022.
Belgian government suffers second damaging cyberattack of 2021
The Belgian defence ministry has been hit by a cyberattack after threat actors exploited the Log4Shell vulnerability.
Security automation firm ContraForce inks $2m seed
No-code security automation company for SMEs ContraForce has raised $2m from a seed funding round.