RegTech

Bank of England issues letter to banks on regulatory reporting shortfalls

The Bank of England (BofE) has sent a warning letter to banks and building societies for not supplying correct information to help regulators identify risks to the financial system.

Data privacy startup Private AI closes an over-subscribed seed round

Private AI, which has created privacy-preserving machine learning and natural language processing technology, has closed its seed round on $3.15m.

Israel-based CyberTech Cynamics nets $7m in funding

Israel-based Cynamics, which has created an AI-powered network detection and response service, secured $7m in fresh funding.

Amberdata nets $15m as it sets its eyes on international growth

Amberdata, a data and insights platform for blockchain networks, has closed its Series A on $15m as it looks to expand in the US.

World’s first DataSecOps platform Satori closes Series A

Satori, which cites itself as the world’s first DataSecOps platform, has closed its Series A round on $20m.

How communication compliance has become the biggest hurdle for financial firms

With workforces becoming increasingly dispersed, methods of communication have escalated, making security compliance a key challenge for firms. The Covid-19 crisis has prompted radical shifts...

Almost half of on-premises databases worldwide vulnerable to attacks

A five-year study by cybersecurity firm Imperva has found up to 46% on-premises databases globally contain at least one vulnerability that could expose them to attacks.

Has the DOJ’s updated compliance guidance changed the industry a year on?

A recent report by Clausematch has examined what have been the key developments since the US Department of Justice (DOJ) updated its compliance guidance for 2020.

70% of UK businesses was a victim of a successful network breach in 2020

Despite the rising importance of cybersecurity, 70% of UK businesses have been the victim of a successful network security attack over the past year, according to new data commissioned by Barracuda Networks.

REvil ransomware group returns following short period offline

The REvil ransomware gang – also known as Sodinokibi – has fully returned following a period in the darkness since July this year.

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