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Infrastructure & Enterprise Software

Virsec nabs $100m in highly subscribed Series C

Cybersecurity platform Virsec has secured $100m from a Series C funding round led by BlueIO.

Alessa chosen by payments firm Vitesse to bolster transaction security

International payments provider Vitesse has picked Alessa by Tier1 Financial Solutions to help enable secure real-time global payment transactions.

REvil ransomware group sites go dark following string of attacks

The Russian-speaking REvil ransomware gang has seen its sites go dark, a few days after it claimed responsibility for the massive cyberattack of US IT provider Kaseya.

US Senate confirms ex-National Security Agency official as CISA director

The US Senate has confirmed Jen Easterly as the new director of the Cybersecurity and Infrastructure Security Agency (CISA).

What will the new face of the office be after Covid-19?

When the coronavirus pandemic spread like wildfire in the early months of 2020, many companies and individuals alike had no idea what was to come – and how their work lives would change. With widespread vaccines, many companies are beginning to open up again, but what will be the ‘new normal’ for the financial sector in terms of working arrangements?

Cybersecurity firm Arctic Wolf triples valuation to $4.3bn after Viking Global Investors-led $150m round

Minnesota-based Arctic Wolf closed a $150m Series F, nine months after a $200m Series E, boosting its valuation to $4.3bn - more than three times what it was worth at the end of 2020.

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.

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).

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.

What are the money laundering and fraud concerns around electronic funds transfers?

As more and more people rely on cashless systems to move money around, there is a pressing need to understand how electronic funds transfers (EFTs) – specifically – wire transfers and automated clearing house (ACH) transfers – could be at risk from financial crime.
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