DarkSide ransomware behind Colonial Pipeline incident, FBI claims
The FBI has declared that the cybercriminal behind the recent Colonial Pipeline was a ransomware variant known as DarkSide.
EBA launches consultation on money laundering, terrorism financing in the EU
The European Banking Authority (EBA) has introduced a public consultation on a database on anti-money laundering and countering terrorism financing (AML/CFT) in the EU.
More vigorous action needed on money laundering, BaFin tells Deutsche Bank
German financial regulator BaFin has told banking giant Deutsche Bank it needs to introduce stronger action on money laundering.
French, EU cybersecurity heads stress greater cooperation, resources importance
The heads of the European and the French cybersecurity agencies have called for a greater level of cooperation and more resources to compete in the cybersecurity spending race.
Vanta closes $50m funding round to launch new products, expand footprint
San Francisco-based cybersecurity firm Vanta has closed a $50m funding round led by Sequoia Capital with participation from Y Combinator.
Cybercrime cases continue to rise as Belgium becomes most recent victim
The company that provides internet services for Belgium’s parliament, government departments, universities and scientific institutions has suffered a cyberattack.
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.
Compliance and regulation software Sovos acquires FinTech firm Acepta
Boston-based tax compliance and regulatory software Sovos took over Chile-based Acepta’s digital enablement business.
UK passes bill aimed at protecting against harmful foreign investments
The UK government has passed a bill that would give it the ability to intervene in foreign direct investments that could negatively impact the country.
MAS launches RegTech and digital schemes, commits S$42m to boost adoption
The Monetary Authority of Singapore (MAS) has introduced a RegTech grant scheme and an enhanced digital acceleration grant (DAG) program to boost tech use in the financial sector.
