SEC fines Poloniex $10m for operating unregistered crypto exchange

The US Securities and Exchange Commission (SEC) has slapped a $10m fine on crypto firm Poloniex for operating an unregistered cryptocurrency exchange.

Antivirus firm NortonLifeLock set to snap up Avast in $8.6bn deal

Consumer antivirus company NortonLifeLock has entered an agreement to purchase competitor Avast in a deal valued between $8.1bn and $8.6bn.

Kroll introduces new KYC solution to strengthen checks, onboarding efficiency

US firm Kroll has introduced Kroll Business Connect, a new know-your-customer (KYC) tool to bolster the onboarding efficiency and KYC checks.

Israeli cybersecurity firm SIGA snares $8.1m in Series B round

Operational technology cybersecurity business SIGA OT Solutions has secured funding of $8.1m from a Series B capital raise.

US Senate report finds government agencies failing to improve cyber posture

A report published by US Senate Committee has found only one of eight federal agencies showed improvements in strengthening their cybersecurity programs.

Bank of Korea set to kick-off central bank digital currency pilot

The Bank of Korea (BOK) has revealed it is planning to initiate its central bank digital currency (CBDC) pilot later this month.

SEC chair highlights US cryptocurrency regulation shortfalls

The Securities and Exchange Commission (SEC) chair has outlined gaps in US regulation of cryptocurrencies that could cause investor risk and financial crime concerns.

BIS paper outlines Big Tech regulation challenges in financial services

The Bank for International Settlements (BIS) has published a paper underlining the challenges caused by rapid Big Tech growth in the financial services sector.

MAS reveals plans to launch new banking data-sharing platform

The Monetary Authority of Singapore (MAS) has revealed it has been working with legal and industry partners to develop a platform to help banks securely share information.

US to bolster cyber synergies with new defence center launch

The US government has revealed it is introducing a new cyber defence center focused on strengthening collaboration between the public and private sector.
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