Wirecard executive reportedly hiding in Moscow under GRU protection

Jan Marsalek, former COO of disgraced FinTech Wirecard, is reportedly hiding in Moscow, protected by the Russian secret service.

Impersonation and catfish scams are on the rise Barclays warns

The Covid-19 lockdown has encouraged scammers to take up their efforts a notch, according to Barclays.

Miss these 27 funding rounds at your own peril

From stocktrading to teenage finances, last week's funding rounds provide plenty of things to consider for the future of the industry.

The value of bitcoin used on the darknet jumped by 65% in Q1 2020

Darknet users have increased the value of their bitcoin transactions, according to new research from Bitfury, the emerging technologies company.

CYR3CON secures $8.2m in new investment

Cybersecurity company CYR3CON has closed an $8.2m investment round led by Pivotal Group, with participation by Trumpf Ventures, 3Lines Venture Capital, DF Enterprises, Hike Ventures and other investors.

Blockchain startup Valid Network bags $8m in seed round

Israel-based cybersecurity startup Valid Network has raised an $8m seed round to fuel the development of its technology, expand its team and to open a New York office.

City watchdog hires accountancy firm BDO to assist with Wirecard monitoring

The Financial Conduct Authority (FCA) has tapped a team at accountancy firm BDO to help it monitor beleaguered FinTech Wirecard following the huge scandal.

Bitcoin stakeholders worried Twitter scam puts the cryptocurrency in a bad light

After several high-profile Twitter accounts were compromised in a bitcoin scam, crypto traders worry that it will put the industry in a bad light.

Ascent teams up with IBM to help businesses reach their compliance targets

AI-powered compliance company Ascent has partnered with IBM, which will see the RegTech integrate its solutions in an effort to help financial institutions keep abreast of ever-changing regulatory requirements.

How has the Covid-19 crisis changed how financial services should think about cybersecurity?

The pandemic has forced financial services firms to reconsider their digital defences or risk falling victim to cyber attacks.
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