US court gives fraudster 7-year jail sentence following attempted $2m scam
A US federal judge has sentenced a Houston-based man to a 7-year jail sentence for his role in trying to steal over $2m from victims through romance scams and spoofed emails.
NanoLock Security eyes expanded footprint following $11m Series B
Israeli device protection and management firm NanoLock Security has raised $11m from a Series B funding round.
Cyber insurance market to exceed $20bn value by 2025, report finds
A report by GlobalData has found the cyber insurance industry is predicted to exceed a $20bn gross written premium (GWP) value by 2025.
US will act on cybercriminals if Russia doesn’t, White House Press Secretary warns
US White House Press Secretary Jen Psaki has warned the Russian government that the US will take action against cybercriminal groups if the Russian government fails to do so.
Financial consortium calls for new social, environmental reporting rules for banks
A financial group has called for the adoption of impact-reporting standards that account for social and environmental factors to speed up a sustainable transition for banks.
Pixel to acquire Cyphra to tackle growing cybersecurity issues for UK firms
IT company Pixel Holdco is set to purchase Northern Irish cybersecurity firm Cyphra for an undisclosed fee.
Sevco launches cloud security platform following $15m Series A
US firm Sevco Security has officially introduced its cloud-native security asset intelligence platform after it raised $15m in a Series A funding round.
Kaseya hit by one of the largest cyberattacks in history with REvil hack
US IT provider Kaseya has become the latest in a growing line of organisations to suffer a cyberattack at the hands of the REvil ransomware group.
HKMA sets out four-step initiative to drive bolstered RegTech adoption
The Hong Kong Monetary Authority (HKMA) has outlined four actions to promote the use of RegTech in the Hong Kong banking sector.
CISA unveils ransomware self-assessment tool to bolster company security
The US Cybersecurity and Infrastructure Security Agency (CISA) has launched the Ransomware Readiness Assessment (RRA) to help companies strengthen their security.
