According to a new Kaspersky report, the financial threat landscape experienced a game-changing pandemic year.

Americans are losing billions due to internet crime each year. However, 2020 was a record year for both the cybercrime victims and the combined financial losses caused by these malicious attacks.

According to data presented by StockApps.com, the total annual loss of cybercrime in the United States hit $4.2bn in 2020, a 55% increase in two years.

 Spectra Logic, a leader in data storage and data management solutions, today announced the publication of its annual “Data Storage Outlook” report, which explores how the world manages, accesses, uses and preserves its ever-expanding data repositories.

Fintech firm Monva has exceeded its fundraising target of £200,000 via Crowdcube. With 10 days of fundraising still remaining, Monva continues to invite further investment from the crowd as it enters a period of overfunding. This latest funding round comes one year after smashing its initial crowdfunding target in 2020 and comes ahead of an larger institutional round expected to take place towards the end of 2021.

The increasing ubiquity of AI in everyday applications brings with it concerns regarding data integrity and validation.

Innodisk’s new-patented blockchain technology brings to its latest SSD solution “InnoBTSTM SSD” and alleviates these concerns through sophisticated use of digital signature and blockchain that is fully software independent.

Avantis Regtech, a leading regulatory technology solutions company from the house of TeamLease Services, shared findings of their recent survey on the compliance landscape in India. According to the survey close to 75% of the companies had missed out on at least one critical compliance because compliances are complex and majorly still based in India. In fact, while responding to the survey, nearly 98.6% employers have reiterated the need to digitise the compliance process in the country as they feel that it would simplify and make the process easier to manage.

MV Index Solutions GmbH (MVIS^®) in partnership with 

Refinitiv announced the launch of House Views and Market Insights (HVMI), its next generation intelligent content management capability for wealth management firms. HVMI enables the efficient distribution of investment recommendations and research by connecting product and content manufacturers teams with wealth advisors.

 A Toluna survey on the impact of Covid-19 on savings. The survey questioned 994 adults in the UK.

KEY FINDINGS

A third of Brits are better off than they were since the pandemic began - but those with more money are far more likely to be over 65.