EBA repeals PSD1 internet payments security guidelines
The European Banking Authority (EBA) has officially repealed its guidelines on the security of internet payments under the former Payments Services Directive (PSD1).
Ransomware demands shoot up by over 500% in first half of 2021
A recent report by Allianz has found that scammers demanded an average payment of $5.3m from hacking victims during the first six months of 2021.
Black Kite raises $22m to meet rising vendor risk management demand
Cyber risk company Black Kite has raised $22m from a Series B funding round led by Volition Capital.
Theta Lake deepens RingCentral synergies with extended partnership
Theta Lake has bolstered its partnership with communications firm RingCentral to include global service provider and cross-industry vertical security and compliance features.
Cyber insurer At-Bay inks further $20m to extended Series D
Cyber insurance platform At-Bay has extended its Series D funding round with a further $20m raise.
FCA issues guidance to firms on hybrid working challenges
The Financial Conduct Authority (FCA) has issued new guidance to businesses operating remote or hybrid working models.
Appetite for biometric payment cards growing in France
A survey by biometrics company Fingerprints has found there is a growing desire amongst French consumers for biometric payment cards.
How ethical hackers can help FinTech companies fight cybercrime
The threat from cybercrime has never been greater. As a result, corporations and governments are increasingly turning to hackers for help with the promise of cash rewards known as bug bounties. And experts suggest that it’s the best way to boost cybersecurity.
Iran-linked hackers found to have targeted US, Israeli maritime and defence firms
Microsoft have shared hackers sympathetic to Iranian national interests have been targeting US and Israeli defence technology and global maritime businesses.
Contractors who fail to report breaches can be sued under new US DOJ initiative
A new initiative will allow US government contractors to be accountable in a civil court if they fail to report breaches or maintain required cybersecurity standards.