Investments|Sector Updates

Investments|Sector Updates

Global cyber study finds US remains dominant power, China continues ascent

A study by the International Institute for Strategic Studies (IISS) has found the US continues to lead the way as the number one cyber power worldwide.

EU unveils plans for cyber unit to tackle large scale attacks

The European Commission (EC) has launched its strategy to build a Joint Cyber Unit to tackle large scale cyberattacks, according to the BBC.

Covid-19 accelerates demand for RegTech solutions in Asia, report finds

A report by Enterprise Ireland has found the effects of the Covid-19 pandemic has sped-up the demand for the adoption of RegTech solutions in the Asia Pacific (APAC) region.

Is there a need for globally mandated ESG reporting requirement?

As dangers associated with climate change continue to become more inescapable in the lives of companies and individuals alike, the importance and need for ESG – Environmental, Social and Governance – in the financial sector is growing stronger. Is it time for globally mandated ESG reporting in the financial sector?

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 doubled during 2021.

CMA warns Monzo and NatWest over banking transaction history breaches

The UK's competition watchdog Competition and Markets Authority (CMA) has issued a warning to Monzo, NatWest Group, Virgin Money and Bank of Ireland after they breached a rule requiring...

More depth needed to protect against cyberattacks, US Attorney General claims

US Attorney General Merrick Garland has said the country’s private industry needs to enact better safeguards to avoid consequences in the event of a cyberattack.

Illumio bolsters unicorn status with Thoma Bravo-backed $225m Series F

Cybersecurity company Illumio has grown its valuation to $2.75bn after it raked in $225m in a Series F funding round.

HKMA unveils new guide to aid banks with RegTech solution implementation

The Hong Kong Monetary Authority (HKMA) has introduced a Regtech Adoption Practice Guide that aims to offer banks with guidance on how to implement RegTech solutions.

Brazilian healthcare firm Grupo Fleury suffers significant ransomware attack

Sao Paulo-based medical diagnostics company Grupo Fleury has revealed it has suffered a ransomware attack that has led to it taking its systems offline.

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