Kaseya hit by one of the largest cyberattacks in history with REvil hack
US IT provider Kaseya has become the latest in a growing line of organisations to suffer a cyberattack at the hands of the REvil ransomware group.
HKMA sets out four-step initiative to drive bolstered RegTech adoption
The Hong Kong Monetary Authority (HKMA) has outlined four actions to promote the use of RegTech in the Hong Kong banking sector.
Survey finds majority of financial sector favour hybrid work policy post-pandemic
A survey by Accenture has found almost three-quarters of financial sector workers in the UK would prefer a flexible working policy once the pandemic has come to an end.
CISA unveils ransomware self-assessment tool to bolster company security
The US Cybersecurity and Infrastructure Security Agency (CISA) has launched the Ransomware Readiness Assessment (RRA) to help companies strengthen their security.
Tribe, ClearBank partner to bolster banking access for FinTech companies
Tribe Payments has teamed with ClearBank to leverage the latter’s banking-as-a-service platform to help provide Tribe’s customers with improved access to payment schemes.
OneSpan whitepaper details possibilities of eIDAS regulation for e-signatures
OneSpan has published a whitepaper that details how the eIDAS Regulation offers a range of possibilities for electronic signatures in the European Union.
Drake teams up with climate-focused FinTech firm Aspiration to become carbon neutral
Drake has signed on as an investor and collaborator with Los Angeles-based sustainability and financial services startup Aspiration.
Global cyber study finds US remains dominant power, China continues ascent
A study by the International Institute for Strategic Studies (IISS) has found the US continues to lead the way as the number one cyber power worldwide.
EU unveils plans for cyber unit to tackle large scale attacks
The European Commission (EC) has launched its strategy to build a Joint Cyber Unit to tackle large scale cyberattacks, according to the BBC.
Report finds branch-based banking may become obsolete within five years
A report published by Temenos has found that 65% of global banking executives believe branch-based banking will be ‘dead’ within a five-year period.