Tag: Data protection

Lakera, a trailblazer in real-time GenAI application security, has successfully raised $20 million in a Series A funding round.

The imperative nature of data security and regulatory compliance in regulated industries cannot be overstated. For organisations handling sensitive information, the pursuit of robust security measures and compliance with stringent standards is non-negotiable.

In the realm of FinTech, understanding the nuances between Know Your Customer (KYC) and Know Your Business (KYB) is essential for businesses navigating the complexities of regulatory compliance and risk management. Both KYC and KYB processes are foundational in building trust and ensuring financial integrity within companies.

Cyberhaven, a leader in the field of data detection and response (DDR), has successfully raised $88m in its Series C funding round.

In today's digital era, cybersecurity is a cornerstone of effective governance. As governments around the world become increasingly dependent on digital platforms for service delivery and citizen engagement, the importance of robust security measures cannot be overstated.

AI is increasingly becoming a focal point of discussion, particularly in how compliance departments within financial institutions prepare to adopt AI technologies for client screening and align with necessary regulatory standards.

The Reserve Bank of India (RBI) serves as the primary financial regulator in India, steering monetary policies and overseeing the nation's banking framework. In a move to enhance cybersecurity in the financial sector, the RBI has unveiled its Cyber Security Framework, which sets a comprehensive suite of controls and guidelines to mitigate growing security risks effectively.

ExactTrak, a UK-based cybersecurity firm known for its innovative approach to protecting data and devices, has successfully raised £1m in funding.

In the fast-paced world of data protection and privacy, 2024 marks a significant year with its own set of challenges and opportunities. Theta Lake, a provider of digital communications governance technology, has offered a comprehensive list of the top data protection strategies, focusing on how Theta Lake is pioneering in this space.

In 2023, the global regulatory landscape unveiled a startling revelation as fines imposed by authorities exceeded a colossal $10.5bn. This figure not only reflects the stringent enforcement actions but also spotlights the emerging areas of regulatory scrutiny.