RegTech

DarkSide ransomware behind Colonial Pipeline incident, FBI claims

The FBI has declared that the cybercriminal behind the recent Colonial Pipeline was a ransomware variant known as DarkSide.

EPC kicks off malware platform pursuit to boost fraud sharing capabilities

The European Payments Council (EPC) has begun the search for a Malware Information Sharing Platform (MISP) to aid real-time fraud information sharing.

Largest US pipeline operations halted following ransomware attack

Operations at the Colonial Pipeline have been brought to a standstill following a ransomware cyberattack that affected some of its IT systems.

EBA launches consultation on money laundering, terrorism financing in the EU

The European Banking Authority (EBA) has introduced a public consultation on a database on anti-money laundering and countering terrorism financing (AML/CFT) in the EU.

More vigorous action needed on money laundering, BaFin tells Deutsche Bank

German financial regulator BaFin has told banking giant Deutsche Bank it needs to introduce stronger action on money laundering.

Syxsense snares $6m funding as it eyes business expansion

California-based IT and security management solutions provider Syxsense has secured $6m in a funding round. The round was led by Oquirrh Ventures and Origami Capital...

French, EU cybersecurity heads stress greater cooperation, resources importance

The heads of the European and the French cybersecurity agencies have called for a greater level of cooperation and more resources to compete in the cybersecurity spending race.

Lanistar finally secures FCA approval following earlier setback

UK FinTech Lanistar has secured Financial Conduct Authority (FCA) approval to operate as an Electronic Money Directive (EMD) agent of payments business Modulr.

ClearBank partners with Napier to boost its AML and screening capabilities

Cloud-based clearing bank ClearBank tied up with AML/CTF and trade compliance tech provider Napier for its advanced transaction screening system in a bid to boost its security.

Under Armour to pay $9m to settle SEC revenue probe for misleading investors

Sports apparel company Under Armour has settled with the Securities and Exchange Commission (SEC) and agreed to pay $9m in fines related to misleading its revenue growth to investors from the third quarter of 2015 through the fourth quarter of 2016.

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