US Justice Department performs $3.6bn cryptocurrency seizure
The US Department of Justice (DoJ) has undertaken a seizure of $3.6bn in cryptocurrency in what is being described as its largest-ever financial seizure.
MAS unveils assessment methodologies for responsible AI use in financial services
The Monetary Authority of Singapore (MAS) has released five whitepapers detailing assessment methodologies to help guide responsible use of AI in financial services.
Wormhole hack causes around $320m in stolen cryptocurrency
Blockchain bridge Wormhole has confirmed that around $320m worth of cryptocurrency has been stolen following a hack earlier this week.
How does dark web monitoring stack up to data breach monitoring?
Cyber risk management InsurTech KYND reveals that although dark web monitoring can be useful when a data breach has occurred, data breach monitoring should be the first port of call.
CyberTech firm PlexTrac scores $70m Series B
Cybersecurity firm PlexTrac has secured $70m from a Series B funding round headed by Insight Partners.
India plans to unveil digital rupee in 2023
The Indian government has revealed it plans to launch a digital rupee in 2023 to deal with the growing demand for digital transactions in the country.
HackerOne snares $49m in Series E financing raise
Hacker-directed bug bounty platform HackerOne secured $49m from a Series E funding round headed by GP Bullhound.
Cybersecurity firm Portnox snaps up $22m Series A
Endpoint security solution provider Portnox has bagged $22m from a Series A round of growth financing.
Buy Now, Pay Later providers bite back to debt critics
Buy Now, Pay Later (BNPL) services are becoming synonymous with debt. These services have come under fire for misleading consumers and putting vulnerable users at risk. Regulatory crackdown has loomed on the horizon for some time now, but what do BNPL companies have to say for themselves in the meantime?
US unveils federal zero trust strategy to solidify cybersecurity standards
The White House has released its federal zero trust strategy, which will require agencies to meet certain cybersecurity standards and objectives by the end of fiscal 2024.
