Security Technology

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.

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.

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.

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