Hackers stole personal data from over 40 million T-Mobile customers in ‘sophisticated cyberattack’
Data from 40 million former and prospective T-Mobile customers was compromised by hackers as part of a recent breach of the telecom giant.
CISA offers government and private sector guidance on ransomware prevention
The US Cybersecurity and Infrastructure Security Agency (CISA) has shared guidance on how the government and private sector can prevent ransomware data breaches.
Compliance management startup Regology secures $8m in its Series A
Regology, which automates enterprise compliance processes through AI, has netted $8m in its Series A funding round.
Web application attacks on financial services see sharp incline in H1 2021
A study by cybersecurity firm Imperva Research Labs has found web applications attacks on the financial services industry hiked 38% between January and May 2021.
Nearly $1bn was issued in AML, KYC and data privacy fines during H1 2021
A total of $937.7m has been issued in fines for non-compliance with anti-money laundering, know your customer and data privacy regulations, in H1 2021.
SEC sues three former Netflix engineers over insider trading on subscriber numbers
Three former Netflix software engineers and two associates were charged with insider trading in a multi-million-dollar scheme that used inside information on the streaming giant’s subscriber growth, the Securities and Exchange Commission (SEC) said.
Clausematch eyes bolstered compliance offering with new program launch
RegTech firm Clausematch has launched a Partnerships and Certification program for financial institutions and regulators.
OECD offers policy recommendations for AI regulation in financial services
The Organisation for Economic Co-operation and Development (OECD) has published a new report offering policy advice on the regulation of AI in financial services.
Compliance firm PolicyCo bags $1.5m in seed funding
RegTech firm PolicyCo has raised $1.5m in a seed funding round led by venture capital and management firm Powered Health.
InfoSum picks up $65m in Series B as companies prioritise data privacy
NYC-based data collaboration platform provider InfoSum raised $65m in Series B funding to help companies match customer data in a privacy-compliant way.
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