EU tech law risks destroying iPhone security, Apple chief warns

The CEO of Apple has warned that a proposed new European Union technology law aimed at reigning in tech behemoths could ‘destroy the security of the iPhone’.

Cyber firm Threatray secures €2.3m to fuel team expansion

Swiss cybersecurity analytics enterprise Threatray has raised €2.3m from a funding round led by Verve Ventures.

President Biden provides off-limit hacking list in US-Russia bilateral meeting

President Biden used a recent US-Russia bilateral meeting with President Putin to outline 16 infrastructure that should not be victim to cyberattacks in future.

ECB: Digital euro will be a complement to cash, not a replacement

European Central Bank (ECB) executive board member Fabio Panetta has claimed that despite the growth in digital currency, there is still a huge demand for physical cash.

Elisity seeks to scale cybersecurity platform with $26m Series A raise

US cybersecurity platform Elisity has snared $26m from a Series A funding round to meet growing demand of its cloud-delivered cybersecurity platform.

Veriff, Monese partner to offer secure digital banking services to Europe

Estonian identity verification firm Veriff has teamed with mobile money app Monese to provide strengthened and secure digital banking services to European consumers.

US nuclear weapons contractor suffers ransomware cyberattack

US nuclear weapons contractor Sol Oriens has revealed it has suffered a ransomware cyberattack allegedly by the REvil ransomware group.

Study finds central bank digital currencies may trigger stronger forex controls

A study by the Bank for International Settlements (BIS) has discovered the introduction of central bank digital currencies (CBDCs) may lead to greater foreign exchange controls.

People’s Bank of China set to begin green finance evaluation of major banks

The People’s Bank of China (PBOC) has revealed it will begin quarterly assessments of the green finance performance of 24 major Chinese banks starting 1 July this year.

China bolsters regulatory oversight with new data security law

China’s National People’s Congress (NPC) has passed its first data security law aimed at strengthening the government’s hand over the data produced and stored in the country.
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