Over three-quarters of retailers have seen fraud increase during the pandemic
A survey by fraud prevention solutions provider Riskified has found 82% of retailers believe they have seen a climb in fraud attempts since the start of the Covid-19 pandemic.
Why video communication tools may pose security and compliance risks for firms
A blogpost by RegTech firm Cognitive View has detailed the security and compliance risks that come with using video communication tools while working remotely.
Korean FSC to create virtual asset division in its financial intelligence unit
South Korea’s Financial Services Commission (FSC) has revealed it is set to establish a virtual asset division within the Korea Financial Intelligence Unit (KoFIU).
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.
T-Mobile confirms data breach after 100 million customers compromised
T-Mobile has confirmed it has suffered a data breach after hackers obtained records of up to 100 million of its customers and is offering to put them up for sale.
SEBI looks to ease regulatory compliance burden with debt securities merger
The Securities and Exchange Board of India (SEBI) has merged its rules for debt securities into a single regulation to ease the regulatory compliance burden on organisations.
Accenture hit by ransomware attack by LockBit 2.0 group
IT consultancy giant Accenture has suffered a ransomware hack at the hands of ransomware group LockBit 2.0.
US making cybersecurity progress but work still needed, congressional report details
A report by the US Cyberspace Solarium Commission has found the US has made significant progress in shoring its cyber defences but that its work is not over yet.
Retail firms popular target for ransomware and data-theft, survey finds
A survey by cybersecurity company Sophos has found that retail organisations have become a popular target for ransomware and data stealing during the pandemic.
Cybavo looks to speed up global expansion with $4m pre-Series A raise
Singapore-based blockchain security solution provider Cybavo has bagged $4m in pre-Series A funding.
