Security Technology

US Department of Justice recovers most of Colonial Pipeline ransom payment

The US Department of Justice (D.O.J) has revealed it has recovered the majority of the $4.4m ransom payment paid by Colonial Pipeline to the DarkSide ransomware variant.

How can we remain cybersecure in the age of mass online participation?

As the number of people using services online has ballooned over the last year due to the onset of the Covid-19 pandemic, the threat posed by cybercriminals around the world has grown even stronger. How can companies and governments alike deal with this coming storm?

Cybersecurity firm led by former Facebook exec [redacted] launches with $35m

San Francisco-based cybersecurity startup [redacted] emerged from stealth with $35m in Series B funding.

Veriff unveils new AML product to aid regulatory compliance

Estonian identity verification firm Veriff has launched its new Anti Money Laundering (AML) compliance to aid companies in complying with AML regulations.

HSBC UK introduces fraud awareness app to bolster business safety

HSBC UK has launched a fraud awareness app to provide companies with news on emerging scams in real-time as well as tips and advice.

Cybercriminal forum offers $100k prize for stealing cryptocurrency assets

A Russian-speaking cybercriminal forum has hosted a contest for cybercriminals to provide methods for targeting cryptocurrency-related technology.

Brazil-based ID validation platform idwall raises $38m to tackle online fraud in LatAm

Brazilian identity verification and background check company idwall, which offers onboarding with selfie biometrics, has raised $38m in Series C funding.

Cybersecurity unicorn Exabeam reaches $2.4bn valuation after latest $200m round

Security analytics and automation company Exabeam banks a $200m Series F growth round at a valuation of $2.4bn.

Sweden temporarily closes infectious diseases database due to hack attempts

The Swedish Public Health Agency temporarily closed down the country’s infectious diseases database SmiNet following several hacking attempts.

US confirms JBS Foods ransomware cyberattack likely Russia-linked

The US has confirmed that the cyberattack on food processing company JBS Foods was a ransomware attack likely coordinated by a Russian group.

News Stories

Middle East retail investing: the WealthTech opportunity

Retail investment and preparing for retirement is gaining traction in the Middle East. For Fredrik Davéus, CEO and co-founder of Kidbrooke, this isn’t just...
Why good-weather pension numbers are misleading participants

Why good-weather pension numbers are misleading participants

As the Netherlands' pension sector navigates its Wet toekomst pensioenen (Wtp) transition, a growing body of regulatory guidance and independent research suggests that the...
Nordic banks turn to CaaS to fight rising fraud

Nordic banks turn to CaaS to fight rising fraud

The Nordic region is among the most cashless in the world, with cash accounting for fewer than 5% of all transactions in Norway and...
Global FinTech funding continued its strong surge over the past two weeks, with approximately $2.17bn raised across 23 deals, as cybersecurity firms saw major deals come to fruition.

Global FinTech funding tops $2bn as RegTech deals run rampant

Global FinTech funding continued its strong surge over the past two weeks, with approximately $2.17bn raised across 23 deals, as cybersecurity firms saw a...
How metadata supercharges AI document processing

How metadata supercharges AI document processing

Artificial intelligence is rapidly embedding itself into document-heavy organisations, promising to transform everything from contract analysis to compliance monitoring. Yet despite this momentum, many...

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