85% of CISOs have sacrificed cybersecurity to implement remote working – study claims

Worrying stats suggest that 85% of CISOs claim they have sacrificed cybersecurity to quickly enable remote working, according to a new study from Netwrix.

Data security platform Borneo nets Series A capital

Real-time data security platform Borneo has raised $15.5m in its Series A round, which was led by Vulcan Capital.

US House of Representatives pass two cybersecurity bills

The US House of Representatives has this week passed the Energy Cybersecurity University Leadership Act and the RANSOMWARE Act.
Global cybersecurity vendor Netwrix bags strategic funding from Centerbridge

Global cybersecurity vendor Netwrix bags strategic funding from Centerbridge

Cybersecurity firm, Netwrix, has today announced a strategic investment from Centerbridge Partners, a prominent private equity firm with a global footprint.
fintech-news

Baffle collects $6m for application data protection solutions

Baffle, a provider of application data protection solutions to the financial services industry, has raised $6m in Series A funding. The round was led by...

Data protection platform Sotero extends seed round by $8m

Data security platform Sotero has raised $8m in a seed extension round, which brings the round’s total to $13m.

AI-powered malicious content detection startup ActiveFence nets $100m, valued at over $500m

NYC and Tel Aviv, Israel-based online integrity company specializing in detecting malicious content such as hate speech, targeted disinformation campaigns, fraud, and other harmful activities online and offline ActiveFence has emerged out of stealth with $100m in funding.

Travelex customers left furious as virus discovery cripples the exchange company’s services

From: RegTech Analyst The discovery of a malware program has forced foreign exchange company Travelex to suspend some of its services and customers are not...

Verisoul secures $3.25m funding to tackle fake user menace with AI

Verisoul, an innovative company that leverages artificial intelligence (AI) to ensure the authenticity of users, has proudly announced its latest seed funding round, securing a total of $3.25m.

US infrastructure bill to allocate almost $2bn for cybersecurity

The US infrastructure bill signed into law by President Biden yesterday will provide close to $2bn for cybersecurity and related provisions.

News Stories

LendingClub reveals the strain of seasonal expenses on US financial health

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, and PYMNTS Intelligence have partnered to shed light on the financial challenges faced by US consumers.
Praxent

Robin Smith takes on Chief Revenue Officer role at Praxent

Praxent, a financial services digital consultancy, has expanded its leadership by ushering in Robin Smith as Chief Revenue Officer. Smith, an enthusiast of FinTech and...
ESMA

ESMA shifts focus: Navigating the digital and green transitions in 2024

The European Securities and Markets Authority (ESMA) has recently unveiled its work programme for 2024.
This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.

FinTech sector drops this week with only 24 deals

This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.
SEC

SEC reviews Scope 3 emissions in upcoming climate disclosure rules

The U.S. SEC has received feedback against the inclusion of Scope 3 emissions in their proposed climate disclosure rule.

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