Acronis, a global leader in cyber protection, today announced a $147 million investment round led by Goldman Sachs.

Cybercrime has emerged as a major concern for UK financial services firms, rocketing security spending to the top of the technology investment agenda, according to a Lloyds Bank report.

The chief executive of the Hong Kong Stock Exchange (HKEx) has conceded that the trading venue was subject to a series of cyber attacks this week but has insisted that an outage which brought derivatives trading to a halt was related to a software bug and not a hacker.

Seattle-based software engineer Paige Thompson faces up to 25 years in prison after being indicted on two counts related to the Capital One data breach that affected 106 million customers.

Mastercard has notified regulators in Germany and Belgium about a loyalty programme data breach affecting the details of several thousand customers.

Bank in Australia have begun sending data breach notifications to customers following the exposure of an undisclosed number of PayID records in the country's real-time New Payments Platform.

Canadian financial services co-operative Desjardins has set aside C$70 million in expenses to cover second quarter costs for a data breach that exposed the accounts of 2.9 million customers.