Anti-Fraud

Food processing giant JBS Foods has closed down production at multiple sites globally following a cyberattack.

Global financial crime risk data and detection technology provider ComplyAdvantage has added Know Your Business (KYB) data to create a unified data graph of individuals and business entities to double down on financial crime risks.

The Met Police have made the UK’s largest cryptocurrency seizure, taking nearly £180m in connection with suspected money laundering.

Operational technology cybersecurity business SIGA OT Solutions has secured funding of $8.1m from a Series B capital raise.

Four individuals have been charged with conspiring to deceive banks and credit card companies to process over $150m in fraudulent payments.

A study by cybersecurity firm Tenable has found that 72% of UK firms have attributed recent cyberattacks to vulnerabilities in technology put in place during the pandemic.

Cyber risk company Black Kite has raised $22m from a Series B funding round led by Volition Capital.

Cybersecurity company SnapAttack has secured $8m from a financing round led by Volition Capital.

Software supply chain security company Chainguard has raised $5m from a seed funding round led by Amplify Partners.

Research by Check Point Software has identified that weekly cyber-attacks reached an all-time new high in 2021 with 50% more attacks recorded than the previous year.