Microsoft to acquire RiskIQ to strengthen its cybersecurity portfolio
Microsoft is acquiring San Francisco-based RiskIQ, a company that specialises in detecting security threats to help its customers address the risks created by remote work.
The...
Electronic IDentification unveils digital solution to simplify onboarding process
Spanish identity software specialist Electronic IDentification (eID) has launched a new solution aimed at building any digital onboarding process within hours.
The Monetary Authority of Singapore launches new competition for data analytics and AI solutions
The Monetary Authority of Singapore (MAS) has launched a new competition designed to accelerate the development of AI and data analytics (AIDA) solutions.
FCA provides warnings to banks over money laundering failings
The Financial Conduct Authority (FCA) has issued warning letters to retail banks due to ongoing weaknesses and failings around their financial crime controls.
Interpol calls for police, industry unity against possible ‘ransomware pandemic’
Interpol has urged police agencies and industry partners to unite to prevent a possible ransomware pandemic from taking hold.
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.
