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Sevco launches cloud security platform following $15m Series A

US firm Sevco Security has officially introduced its cloud-native security asset intelligence platform after it raised $15m in a Series A funding round.

HKMA sets out four-step initiative to drive bolstered RegTech adoption

The Hong Kong Monetary Authority (HKMA) has outlined four actions to promote the use of RegTech in the Hong Kong banking sector.

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.

Hong Kong could introduce mandatory climate disclosures as early as 2022, HKMA claims

The Hong Kong Monetary Authority (HKMA) is apparently planning to speed up proposals to require financial organisations to disclose their climate change-related financial risks.

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.

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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