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Zero Trust Security for NIS2 compliance: What you need to know

CIO

Over 100,00 organizations are expected to be impacted by Network and Information Security Directive (NIS2) cybersecurity standards that European Union (EU) member states must implement by October 2024. [i] This concept of least-privilege access is fundamental to Zero Trust Security practices.

Security 242
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Nigerian fintech of the unbanked Bankly raises $2M led by Vault and Flutterwave

TechCrunch

Founded by Tomilola Adejana and Fredrick Adams in 2018, Bankly is digitizing the informal thrift collections system known with different names such as esusu or ajo in Nigeria. In the absence of a banking system nearby or a disregard for one, the unbanked resort to these traditional systems because they work completely offline.

Fintech 363
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Barclays adds itemised digital receipts to its banking app in partnership with fintech Flux

TechCrunch

Flux , the London fintech that has built a technology platform for banks and merchants to power itemised digital receipts and more, has seen its lengthy pilot with Barclays bear fruit. Barclays debit card holders within the bank’s main mobile banking app. Flux raises $7.5M

Banking 253
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Jiko banks $40M in Series B funding to offer companies a way to park their cash in T-bills

TechCrunch

Jiko started its life as a mobile bank for consumers. Then last November, Jiko revealed it was pivoting from that consumer-focused model and “accelerating its business-to-business strategy,” as reported by Banking Dive. million since its 2016 inception. The new round brings Jiko’s total raised to $87.7

Banking 230
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Georgia bill could stifle the state’s booming cybersecurity community

The Parallax

A new bill winding its way through the Georgia state senate has cybersecurity experts on alert. As Senate Bill 315 is currently written, academics and independent security researchers alike could be subject to prosecution in Georgia alongside malicious hackers. Prosecutorial discretion covers everything.”. military’s Cyber Command.

Security 223
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Window Snyder’s new startup Thistle Technologies raises $2.5M seed to secure IoT devices

TechCrunch

The Internet of Things has a security problem. The past decade has seen wave after wave of new internet-connected devices, from sensors through to webcams and smart home tech, often manufactured in bulk but with little — if any — consideration to security. Security veteran Window Snyder thinks there is a better way.

IoT 207
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Think you can ignore quantum computing? Think again.

CIO

“It’s been known since the 1990s that a large-scale quantum computer will be able to break many of the crypto systems we rely on for security,” says Dustin Moody, leader of Post Quantum Cryptography (PQC) at the National Institute for Standards and Technology (NIST) in Maryland. Companies may not be talking about it out loud,” he says.