Sector Updates

Indonesia payments firm Xendit has reeled in $150m from a Series C funding round and has pushed its valuation over the $1bn mark.

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.

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.

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.

The REvil ransomware gang – also known as Sodinokibi – has fully returned following a period in the darkness since July this year.

The US Federal Trade Commission (FTC) has warned that extortion scammers are targeting the LGBTQ+ community through dating apps such as Feeld and Grindr.

Digital investing platform Peaks has reportedly raised €5m in a funding round, which will bolster its presence in the Netherlands and Germany.

Missouri-based underwriting platform iCover has raised an undisclosed amount of seed funding from a number of unnamed backers.

X-Margin, which offers credit scoring and risk monitoring services to financial institutions, has secured $8m in its Series A funding round.

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.