US set to sanction crypto wallets and exchanges in ransomware crackdown
The Biden Administration is expected to begin issuing sanctions against crypto exchanges, wallets and traders used by ransomware groups to crackdown on cyberattacks.
Zūm Rails unveils new anti-fraud tools to strengthen payment security
Open banking firm Zūm Rails has introduced a new set of anti-fraud tools to bolster the security of its Instant Deposit feature on its platform.
Entersekt releases new FIDO authentication tool
Entersekt, which has built a mobile-based authentication and app security software, has enabled FIDO authentication on its platform.
TransUnion to bolster identity capabilities in $3.1bn acquisition
TransUnion, which claims to foster trust between consumers and organisations, has stepped up its efforts around identification verification with $3.1bn acquisition of Neustar.
South Africa’s Justice Department suffers significant ransomware hack
The global spread of ransomware attacks has continued after South Africa’s Justice Department saw its network encrypted.
Persona becomes the latest RegTech unicorn following Series C close
Identity infrastructure company Persona is the latest RegTech company to join the coveted unicorn status, after its Series C puts its valuation at $1.5bn.
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.
REvil ransomware group returns following short period offline
The REvil ransomware gang – also known as Sodinokibi – has fully returned following a period in the darkness since July this year.
LGBTQ+ community being targeted for extortion on dating apps, US FTC warns
The US Federal Trade Commission (FTC) has warned that extortion scammers are targeting the LGBTQ+ community through dating apps such as Feeld and Grindr.
Tenable set to acquire security firm Accurics for $160m
Cyber exposure firm Tenable is planning to purchase cloud-native security company Accurics for a total fee of $160m.