UK Foreign Secretary calls on Russia to do more against state-backed cybercrime
The UK Foreign Secretary Dominic Raab has said Russia must do more to tackle cybercriminals operating from within their national borders.
Biden signs cybersecurity executive order in wake of pipeline hack
President Joe Biden has signed an executive order aimed at bolstering US cybersecurity defences following the Colonial Pipeline.
How automation technology can help banks stop increasing their spend on compliance
The current way banks are handling money laundering alerts is not sustainable. If they do not want to continue rapidly expanding compliance teams each...
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.
Largest US pipeline operations halted following ransomware attack
Operations at the Colonial Pipeline have been brought to a standstill following a ransomware cyberattack that affected some of its IT systems.
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.
ClearBank partners with Napier to boost its AML and screening capabilities
Cloud-based clearing bank ClearBank tied up with AML/CTF and trade compliance tech provider Napier for its advanced transaction screening system in a bid to boost its security.
AI-driven fraud protection company for InsurTechs Shift Technology earns the horn after $220m round
SaaS provider of AI-driven decision automation and optimisation solutions for the insurance industry Shift Technology closed a $220m fundraising bringing its valuation to over $1bn.
