Tag: Cybersecurity

It is no secret that regulators around the world are becoming increasingly tougher on financial services companies. There is an unrelenting level of regulation being drafted and fines are hitting eyewatering sums. A report from Finbold pegged fines for non-compliance with AML, KYC and data privacy regulations at a total of €12bn in 2020.

Google and the European Union have both issued separate warnings over potential cyberattacks and misinformation campaigns from Russia.

Halborn, a cybersecurity platform for traditional finance and blockchain-based companies, has completed a $90m funding round.

The US Cybersecurity and Infrastructure Security Agency (CISA) has revealed it is set to open an office in the UK to ‘boost international cooperation and collaboration’. 

AI-powered cybersecurity platform Darktrace has launched its PREVENT product, which is an interconnected set of AI products that deliver proactive cybersecurity capability to help organisations preempt future cyberattacks.

Zero trust cybersecurity company Xage has raised additional funding from Chevron Technology Ventures.

Cyber risk management technology developer KYND has launched its services into the investment management sector, as cyber risks continue to surge.

UK-based Cybersecurity platform for SMEs Melius Cyber has reportedly raised £350,000 in funding.

The UK’s National Cyber Security Center and the Information Commissioner’s Office have issued a letter to UK lawyers stating they should not advise the paying of ransoms.

President of the European Central Bank Christine Lagarde was recently targeted in a hacking attempt, however no information was compromised.