Security Technology

Sysnet acquires Viking Cloud to strengthen its cybersecurity offering

Cybersecurity company Sysnet Global Solutions has acquired Viking Cloud to further enhance its technology platform and accelerate its market expansion plans.

Mastercard teams up with Dubai International Financial Centre for cybersecurity programme

Mastercard has partnered with Dubai International Financial Centre (DIFC) to launch its Global Cyber Forward programme.

Cybersecurity startup Lumu scores $7.5m in Series A funding

Lumu, which has created a continuous compromise assessment cybersecurity model, has netted $7.5m in its Series A funding round.

OpenEnvoy snags $6.5m to help companies avoid fraud

SaaS FinTech eliminating AP fraud with automation OpenEnvoy secured $6.5m led by Riot Ventures to expand its automated invoice auditing capabilities.

Companies spending more on cybersecurity to combat threats, report finds

A report conducted across the US, UK and mainland Europe has found many firms are spending more on cybersecurity to combat growing threats in cyberspace.

DarkSide ransomware shuts down on back of US pressure, lost server access

The DarkSide ransomware variant that was responsible for bringing operations at a US pipeline to a standstill last week has allegedly shut down.

Cybercriminal forum offers $100k prize for stealing cryptocurrency assets

A Russian-speaking cybercriminal forum has hosted a contest for cybercriminals to provide methods for targeting cryptocurrency-related technology.

Honeywell report finds external malware is rising challenge for industrial firms

Honeywell has found the number of cyber threats that use USB sticks and other external media devices as a launch point has doubled during 2021.

US introduces ransomware safety site, offers incentives for hacker tips

The US government has unveiled a new website designed to provide businesses with greater knowledge of the threat posed by ransomware to their companies.

Interpol warns of cybercriminals using vaccine scams to defraud governments

Interpol has warned that organised crime groups are attempting to defraud governments by offering fake Covid-19 vaccine deals.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

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