US eyes greater cyber influence with new Cyber Diplomacy Act bill

The US House of Representatives has passed a bill that would create a cyber diplomacy office at the US State Department and boost US influence in global cyberspace.

FaceTec, Onfido team to take on growing digital fraud challenge

US face matching platform FaceTec has partnered with identity verification company Onfido to combat the rising challenge of digital fraud.

MoneeMint chooses TruNarrative for onboarding and transaction monitoring

TruNarrative has been chosen by UK’s ethical digital banking platform MoneeMint to provide customer onboarding and transaction monitoring solutions.

US court gives fraudster 7-year jail sentence following attempted $2m scam

A US federal judge has sentenced a Houston-based man to a 7-year jail sentence for his role in trying to steal over $2m from victims through romance scams and spoofed emails.

Ransomware attacks climb dramatically in first half of 2021

A mid-year report by internet security company SonicWall has found the number of ransomware attacks in H1 2021 has already outperformed the entire year of 2020.

FBI finds cybercrime group has targeted US firms since November last year

The FBI has discovered that the OnePercent ransomware gang has been actively targeting US organisations since November 2020 as a ransomware affiliate.

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.

Security firm Gabriel nets $12m from SoftBank-led Series A

Sao Paulo-based company Gabriel has snagged $12m from a Series A funding round led by the SoftBank Latin America Fund.

McAfee to be acquired by private equity firms in huge $14bn deal

Cybersecurity giant McAfee is to become a private company again after it agreed to be acquired by a group of private equity firms in a $14bn agreement.

Arctic Intelligence bolsters financial crime capabilities through FrankieOne alliance

Australian RegTech firm Arctic Intelligence has entered into strategic alliance with FrankieOne to strengthen financial crime synergies between the two.

News Stories

investment

Strong investment continues for FinTechs as 2022 winds to a close

This week in FinTech proved to be a strong week for credit and financial technology-focused companies, with 36 investments being recorded.  
Koble collects $1.2m to enhance its AI that improves investment decisions

AI-powered Koble collects $1.2m to enhance investment decisions

Koble, an AI-powered platform that improves investment decisions, has reportedly secured $1.2m in pre-seed funding.
Finclusion-Group-rebrands-to-bolster-financial-inclusion-in-Africa

Finclusion Group rebrands to bolster financial inclusion in Africa

Finclusion Group, which is boosting financial inclusion in Africa, has rebranded to Fin and closed a $2m equity round.
Saporo

CyberTech Saporo locks in €4m seed funding

Swiss cybersecurity firm Saporo has landed €4m in a seed funding round headed by XAnge.
Insiber raises €100,000 as its helps SMEs with cybersecurity risks

Insiber raises €100,000 as its helps SMEs with cybersecurity risks

Insiber, which is focused on helping SMEs with their cybersecurity risks, has reportedly collected €100,000 in funding.

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