Germany-based RegTech startup Sawayo bags €1.5m in seed funding
Sawayo, which is building a SaaS compliance and workflow automation platform, has bagged €1.5m in seed funding.
Atos has completed its acquisition of Motiv ICT Security
Managed security service provider Atos has completed its acquisition of Dutch cybersecurity company Motiv ICT Security.
UK cybersecurity firms grew their revenues to $12.51bn in 2020
UK cybersecurity companies grew their revenues to $12.51bn in 2020, representing a 7% increase from 2019 when that figure was $11.69bn.
SolarWinds hackers breached NASA and Federal Aviation Administration networks
NASA and the Federal Aviation Administration have been named in reports as the previously undisclosed governmental agencies breached in the massive SolarWinds attack.
Over £20m worth of fraud averted by banking industry-funded police unit
A specialist policing unit funded by the banking and finance industry revealed that £20m worth of fraud was prevented in 2020 – a figure up by £1m compared to 2019.
MAS eases concerns about transactions from Myanmar
Singapore's top financial watchdog has responded to concerns following the military coup in Myanmar.
How the FCA expects financial services to protect vulnerable consumers
The Financial Conduct Authority (FCA) has published its final guidance of its expectations of firms should fairly treat vulnerable customers.
Nearly half of banks could soon be digital – new survey finds
Almost half of the banking executives around the world are looking to digitalise their businesses, according Temenos' new research.
Palo Alto Networks acquires Bridgecrew in $156m deal
Cybersecurity firm Palo Alto Networks has agreed to acquire developer-first cloud security company Bridgecrew to help bring security earlier into development processes.
It’s time to rethink risk management – Sigma Ratings
As the number of money laundering and financial crime cases keep growing, Sigma Ratings argues that it is time for financial services firms to rethink risk management.