Lightyear scores $8.5m seed funding as it begins investment app roll-out
UK commission-free stock trading app Lightyear has pulled in $8.5m from a seed funding round led by Mosaic Ventures.
Xendit enters unicorn club following Tiger Global-led Series C
Indonesia payments firm Xendit has reeled in $150m from a Series C funding round and has pushed its valuation over the $1bn mark.
Almost half of on-premises databases worldwide vulnerable to attacks
A five-year study by cybersecurity firm Imperva has found up to 46% on-premises databases globally contain at least one vulnerability that could expose them to attacks.
Has the DOJ’s updated compliance guidance changed the industry a year on?
A recent report by Clausematch has examined what have been the key developments since the US Department of Justice (DOJ) updated its compliance guidance for 2020.
70% of UK businesses was a victim of a successful network breach in 2020
Despite the rising importance of cybersecurity, 70% of UK businesses have been the victim of a successful network security attack over the past year, according to new data commissioned by Barracuda Networks.
REvil ransomware group returns following short period offline
The REvil ransomware gang – also known as Sodinokibi – has fully returned following a period in the darkness since July this year.
LGBTQ+ community being targeted for extortion on dating apps, US FTC warns
The US Federal Trade Commission (FTC) has warned that extortion scammers are targeting the LGBTQ+ community through dating apps such as Feeld and Grindr.
InsurTech iCover secures funding to expand footprint, bolster expertise
Missouri-based underwriting platform iCover has raised an undisclosed amount of seed funding from a number of unnamed backers.
Banks believe London will remain global financial center despite Brexit
A recent Lloyds Bank survey has found that banks believe London will maintain its leading global financial center status despite the regulatory uncertainty posed by Brexit.
Almost half of UK consumers would use open banking for quicker loans, better rates
Zopa has found 4 in 10 UK consumers would use open banking to apply for credit if it boosted the chance of getting an offer or gave them access to better rates than banks.