RegTech

Extortion demands climb 45% in 2021 on back of ransomware spread

The average ransom demand grew to $247,000 in 2021 according to research from Group-IB.

How banks can fight back against fraud scams

The threat of fraud is rising. Covid-19 shook the world and accelerated fraudulent criminal activity around the world.

How can merchant payments firms navigate the European regulatory landscape?

With a central bank digital currency (CBDC) anticipated to be launched in Europe soon, it is becoming increasingly important that merchants can prepare to accept such a currency.

How to maintain effective supervision in a remote world

With a huge chunk of the global workforce now working through a remote or hybrid working model, new challenges are arising for firms to maintain effective supervision.

SEC charges BNY Mellon Investment Adviser for ESG deficiencies

The SEC has charged BNY Mellon Investment Adviser for misstatements and omissions on ESG considerations regarding investment decisions for certain mutual funds it managed.

Hippo’s First Connect to offer cyber insurance by Chubb

First Connect has partnered with Blink to offer personal cyber insurance to independent agents that participate in First Connect’s InsurTech marketplace platform.

ICO slaps Clearview AI with £7.5m fine

The Information Commissioner’s Office (ICO) has fined ClearView AI over £7.5m for using images of people collected from the web and social media to create a facial recognition database.

HUB Cyber Security signs new deal with European corporation

Israel-based HUB Cyber Security has signed a long-term framework agreement with an unnamed European corporation to provide confidential compute hardware solutions.

What companies need to know about the future of work

With changing working arrangements and new technological innovations, the future of work is fast arriving.

Data management startup Fulcrum scores $5m

Fulcrum, which empowers customers to take control of their data, has secured a $5m investment.

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