UK financial watchdog issues fresh warnings on crypto risks after Kimmie K’s Insta post
UK watchdog Financial Conduct Authority (FCA) has fired a warning shot at the cryptocurrency industry, signalling it could soon come under greater regulatory scrutiny.
Sextortion attacks costing victims over $8bn a year, FBI claims
The FBI has claimed sextortion complaints have seen a ‘massive increase’ since the start of 2021, with the total financial losses accounting for over $8m.
Invidem launches KYC services in the Nordics
Invidem has launched its platform, which collects and verifies KYC information for corporate customers, in the Nordics.
Databricks reaches colossal $36bn valuation after Series H close
Data management company Databricks has raised a colossal $1.6bn in funding, upping its valuation to an eyewatering $38bn.
ModusBox, DocFox team up to improve onboarding
Open banking solution developer ModusBox has teamed up with SaaS-based automated onboarding tool DocFox to help banks and credit unions improve data access.
The deal...
WhatsApp slapped with $267m GDPR fine for user privacy shortcomings
WhatsApp has been hit with a $225m fine by Ireland’s Data Protection Commission after it failed to disclose enough information to users about the data shared with other Facebook companies.
Corelight bags $75m in its Series D round to support global growth
Corelight, a provider of open network detection and response (NDR) has raised $75m in its Series D round, which will support its global market expansion.
Pixalate reels in $18.1m growth capital to speed up expansion
Fraud protection, privacy and compliance analytics platform Pixalate has raised $18.1m in growth funding.
EPA calls for greater digital identity push in light of growing financial crime
A whitepaper by the Emerging Payments Association (EPA) has detailed that a stronger focus on digital identity could help combat soaring cases of financial crime.
Google and Microsoft to funnel $30bn into cybersecurity up to 2026
Google and Microsoft have revealed that they are planning to invest $30bn in cybersecurity advancements over the next five years.