Nigerian central bank to launch new CBDC through Bitt collaboration
The Central Bank of Nigeria (CBN) is teaming with Barbados-based FinTech Bitt to introduce a new central bank digital currency (CBDC) called eNaira.
UK financial watchdog issues fresh warnings on crypto risks after Kimmie K’s Insta post
UK watchdog Financial Conduct Authority (FCA) has fired a warning shot at the cryptocurrency industry, signalling it could soon come under greater regulatory scrutiny.
Sextortion attacks costing victims over $8bn a year, FBI claims
The FBI has claimed sextortion complaints have seen a ‘massive increase’ since the start of 2021, with the total financial losses accounting for over $8m.
Pixalate reels in $18.1m growth capital to speed up expansion
Fraud protection, privacy and compliance analytics platform Pixalate has raised $18.1m in growth funding.
Google and Microsoft to funnel $30bn into cybersecurity up to 2026
Google and Microsoft have revealed that they are planning to invest $30bn in cybersecurity advancements over the next five years.
US DOJ unveils fellowship program to bolster legal fight against cybercrime
The US Department of Justice (DOJ) is launching a fellowship program that is designed to develop legal expertise to deal with cyber threats that impact national security.
How can financial institutions strengthen their banking authentication processes?
A recent OneSpan webinar examined how financial institutions can get to grips with bolstering their digital banking authentication processes and secure buy-in.
D3 Security secures $10m funding from Vistara Growth
Security orchestration D3 Security has raised $10m in growth equity funding from Vistara Growth.
Single-factor authentication is a bad cybersecurity practice, CISA warns
The Cybersecurity and Infrastructure Security Agency (CISA) has added single-factor authentication (SFA) to its list of bad cybersecurity practices that it advises against.
Government review finds key regulatory shortfalls in Australian payments system
A payments system review by the Australian government has detailed key regulatory issues in the country’s payment ecosystem.
