US making cybersecurity progress but work still needed, congressional report details
A report by the US Cyberspace Solarium Commission has found the US has made significant progress in shoring its cyber defences but that its work is not over yet.
Retail firms popular target for ransomware and data-theft, survey finds
A survey by cybersecurity company Sophos has found that retail organisations have become a popular target for ransomware and data stealing during the pandemic.
Cybavo looks to speed up global expansion with $4m pre-Series A raise
Singapore-based blockchain security solution provider Cybavo has bagged $4m in pre-Series A funding.
FCA receives over 2,700 financial misconduct complaints over 2020/21
The Financial Conduct Authority (FCA) has revealed it received a total of 2,754 allegations of financial misconduct over the 2020/21 financial year.
OwnBackup to expand market reach after snaring $240m in Series E round
US data protection solutions provider OwnBackup has secured $240m from a Series E funding round at a valuation of $3.35bn.
Will cyberspace be a battlefield for financial institutions?
The cyberspace race is heating up. Over the past year, the number of ransomware and general cyberattacks have increased dramatically, with more companies, individuals and even governments falling into digital bear traps. How will this growing problem impact financial institutions?
RBI publishes consultation on overseas investment liberalisation
The Reserve Bank of India (RBI) has introduced two consultation papers with an aim of liberalising the county’s overseas investment regulatory stance.
How to ensure security and compliance when using tools such as Zoom, MS Teams?
Communication tools have saved the day for businesses after the Covid-19-induced lockdown. Therefore, organisations must fully understand the regulatory guidance on security and privacy...
How financial firms can detect and prevent fraud by using network analytics
The proliferation of internet banking and digital sharing have made it easier than ever for fraudsters to attack financial institutions and organisations must use sophisticated...
SEC fines Poloniex $10m for operating unregistered crypto exchange
The US Securities and Exchange Commission (SEC) has slapped a $10m fine on crypto firm Poloniex for operating an unregistered cryptocurrency exchange.
