US authorities seize millions in bitcoin linked to terrorism financing
The US justice department has announced that American authorities have seized millions of dollars in cryptocurrency linked to online terrorist financing campaigns involving Hamas, al-Qaeda and ISIS.
Germany to launch federal cybersecurity agency
Germany has announced that it is putting €350m ($412m) into launching a federal agency to protect the nation against digital threats.
Covid-19 pushed cybersecurity to the top of IT professionals’ concerns
Almost nine out of ten IT professionals say their main priority now is to boost their digital defences, according to new research from Hitachi ID.
German anti-money laundering regulator failed to share warnings about Wirecard
The German Financial Intelligence Unit only sent a fracture of warnings about Wirecard's finances to the police and the public prosecutor's office.
Big businesses responsible for major cyber vulnerabilities in the UK
Lots of financial services companies leave themselves exposed to hacks by using unpatched services, according to a new report by Rapid7.
Blackhawk Network taps Moneyhub for compliance and open banking solutions
Payment provider Blackhawk Network has picked open finance data and intelligence platform Moneyhub to deliver its compliance with the open banking standards.
Check out the 29 FinTech companies to raise rounds last week
Last week's FinTech funding rounds highlight the fractured neobank scene, show the sector's coronavirus struggles and demonstrate some areas industry stakeholders should be interested in right now.
Customers abandon purchases because of strong customer authentication processes
Last year, the EU started to roll out its strong customer authentication (SCA) rules to make it safer to buy things online, but it seems it is making customers abandon their purchases, according to new Microsoft research.
Capital One to pay $80m fine for its data breach last year
Capital One Financial has been ordered to pay an $80m fine by the Office of the Comptroller of the Currency (OCC) after its data breach in 2019.
The cost of data breaches has gone up during Covid-19
While the average cost of a data breach in Canada has increased by 6.7% in the last year, companies have become faster at spotting them.
