More depth needed to protect against cyberattacks, US Attorney General claims
US Attorney General Merrick Garland has said the country’s private industry needs to enact better safeguards to avoid consequences in the event of a cyberattack.
Illumio bolsters unicorn status with Thoma Bravo-backed $225m Series F
Cybersecurity company Illumio has grown its valuation to $2.75bn after it raked in $225m in a Series F funding round.
Brazilian healthcare firm Grupo Fleury suffers significant ransomware attack
Sao Paulo-based medical diagnostics company Grupo Fleury has revealed it has suffered a ransomware attack that has led to it taking its systems offline.
Cyber innovator John McAfee dead at 75 following suspected suicide
John McAfee - founder of antivirus software giant McAfee – has died aged 75.
How payment companies struck gold among the 51 rounds raised last week
Our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what’s happening in the industry.
Transmit Security raises “largest Series A round in cybersecurity history” to boost passwordless adoption
With a mission to get rid of passwords, Transmit Security raised a massive $543m in Series A funding at $2.2bn pre-money valuation, touting it as the largest Series A investment in cybersecurity history and one of the highest valuations for a bootstrapped company.
Study finds AML compliance costing UK firms over £28bn a year
A study by LexisNexis Risk Solutions has found anti-money laundering (AML) compliance is costing UK financial institutions £28.7bn and will raise to £30bn by 2023.
Cyber firm SentinelOne eyes IPO price as it gears up for offering
Cybersecurity firm SentinelOne has revealed it intends to raise up to $928m on its initial public offering (IPO) as it anticipates an IPO price range of between $26 to $29 per share.
TrueLayer unveils Verification API to simplify onboarding process
UK open banking platform TrueLayer has launched a new Verification API to make the onboarding process for its customers easier.
ComplyAdvantage adds KYB data to create financial risk detection graph of individuals and businesses
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.
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