Identity verification platform VU Security collects $12m in Series B round
Argentina-based anti-fraud company VU Security has reportedly collected $12m in its Series B funding round.
Financial anti-crime startup Quantexa snags $153m to accelerate growth
UK-based Quantexa has raised $153m in a funding round led by Warburg Pincus along with a slew of undisclosed blue-chip investors as it seeks...
FCA slaps Lloyds Bank’s insurance division with £90m fine for misleading customers
The Financial Conduct Authority (FCA) fined the insurance division of Lloyds Bank £90.7m for sending misleading renewal quotes to nine million customers.
The regulator stated...
Cloud security platform Netskope’s valuation more than doubles to $7.5bn after latest funding round
Secure Access Service Edge (SASE) company Netskope raised $300m in funding led by existing investor ICONIQ Growth.
The round also saw participation from existing investors Lightspeed Venture...
Two fifths of UAE consumers experience online fraud attempts
Two fifths of consumers in the UAE have experienced an online fraud attempt, of which, half would contact law enforcements if it is successful.
ESMA slaps €408,000 penalty on derivatives firm due to EMIR data breaches
The European Securities and Markets Authority (ESMA) has fined DTCC Derivatives Repository for seven breaches of the European Market Infrastructure Regulation (EMIR).
Consent management platform Didomi nets $40m in Series B funding
Didomi, which makes managing consent for customer data easier, has bagged $40m in its Series B round, which was led by Elephant and Breega.
Report finds suspected Chinese state-backed group targeting Asian telecoms
A cybersecurity report has found an alleged Chinese state-sponsored faction is attempting to hack telecommunications organisations in Taiwan, Nepal and the Philippines.
Organisations spend around $1.7m each minute on combating cyber threats
There are around 648 cyber threats every minute and this crime costs organisations $1.7m each minute, according to a study from RiskIQ.
Helu said to raise $5m in its latest funding round
Helu, an Austria-based FinTech company, has reportedly secured $5m in funding, as it looks to expand its team.