China bolsters regulatory oversight with new data security law
China National People Congress (NPC) has passed its first data security law aimed at strengthening the government hand over the data produced and stored in the country.
G7 calls on Russia to take firmer action on cybercrime attacks
The G7 has called on Russia to take stronger action on ransomware attacks and cybercrime that has occurred within their borders.
Darktrace rival Immersive Labs inks $75m to help businesses beef up their cyberskills
Immersive Labs, a platform which teaches cybersecurity skills to corporate employees by using real, up-to-date threat intelligence in a gamified way closed a $75m Series C funding round.
What Nubank and Klarna’s colossal rounds from last week reveal about the FinTech industry
While Nubank’s massive Series G round and Klarna's $40bn valuation may have secured the most headlines last week, CyberTech and cryptocurrency ventures bagged the most capital injections.
JBS Foods pays multimillion ransom to end global ransomware cyberattack
Food processing company JBS Foods has confirmed it has paid an $11m million ransom payment to end a ransomware cyberattack on its global operations.
SentinelOne: Chinese hackers likely behind Russian government agency breach
Endpoint protection firm SentinelOne has claimed Chinese hackers were ‘likely’ behind a series of intrusions on Russian government agencies last year.
Trulioo hits $1.75bn valuation following close of Series D
Global identity verification platform Trulioo has entered the unicorn club after its $394m Series D round puts its valuation at $1.75bn.
US Department of Justice recovers most of Colonial Pipeline ransom payment
The US Department of Justice (D.O.J) has revealed it has recovered the majority of the $4.4m ransom payment paid by Colonial Pipeline to the DarkSide ransomware variant.
SentiLink closes Series B to support launch of new products
Identity verification technology developer SentiLink has collected $70m in its Series B round as it looks to enhance its product suite.
Bank identity checks could push close to a quarter to competitors, survey finds
A survey by FICO has found almost a quarter of UK-based respondents would move to a competitor if asked to visit branches or post documents when applying for an account.