Managers of Wealth Fintech

New threat intelligence report reveals 704% increase in face swap attacks

Additionally, mobile web platforms experienced a 255% uptick in digital injection attacks during the same period, highlighting the evolving nature of cyber threats.

Three quarters of a million pounds lost to online scams in Isle of Man in 2023

The report also highlights other eye watering figures lost to online scams

Cybersecurity remains number one risk for global banks

Today’s CROs face increased complexity caused by overlapping and correlated risks, nearly all of which seem to be increasing in urgency.

Guy Carpenter launches cyber reinsurance offering

The company boasts a team of 3,500 professionals across more than 60 offices worldwide.

Ripple co-founder's personal XRP accounts hacked

Larsen added that Ripple wallet are secure and have never been compromised.

AXA and BOXX Insurance introduce advanced cyber protection for SMEs

This initiative underscores a mutual recognition of the critical importance of robust cyber protection for the sustenance and growth of small businesses.

From cyber scams to hiring struggles: the future of Swiss private banking

Bosses from Mirabaud, Rothschild & Co and Oddo BHF Switzerland tackle the challenges which their industry is facing going forward.

UK Government Unveils New Cyber Threat Guidelines as 32% of Firms Suffer Attacks in Past Year

Within this, the UK government has recommended that directors set out clear roles and responsibilities across their organisations, boosting protections for customers and safeguarding their ability to operate safely and securely.

Swedish central bank files police report after IT firm hit by ransomware attack

The attack, which has affected a host of Tietoevry clients, was carried out by the Akira ransomware gang.

EquiLend services knocked out by cyber-attack

EquiLend was founded in 2001 by a consortium of 10 major Wall Street firms

Emerging AI tech amplifies ransomware dangers, NCSC warns

The UK is already facing ransomware as its most pressing cyber threat, with criminals continually refining their strategies for greater profitability.

Hong Kong banks take on SMS scammers

The scheme will see participating banks use registered SMS sender IDs with the prefix "#" to send messages to local subscribers of mobile services.

NAB and Microsoft deliver cyber assessment tool for SMEs

The data findings and answers are used to provide participants with tailored, fact-based advice on how to improve cybersecurity for their business.

CyberTech leads the path in this week’s 24 FinTech funding rounds

The biggest sector for the week was CyberTech, which accounted for more deals than any other sector.

Kenya’s Cyber Security In The Digital Landscape

This digital transformation extends beyond the telecommunication and financial sector to the public sector, where the Kenyan government has digitized a substantial portion of its services through the e-citizen platform, offering 14,000 services.

TSB finds over a third of adverts on Facebook Marketplace could be scams

TSB also discovered items advertised as ‘brand new’, for hundreds of pounds less than their real retail price.

CISA seeks public input on secure software development

The update comes as a collaborative effort involving 17 domestic and foreign partners, reflecting the global importance of cybersecurity.

Cloud-native cybersecurity startup Aqua Security raises $60M and remains a unicorn

The company's valuation remains "above" $1 billion

Reinsurers to embrace cyber in 2024, industry boss predicts

The report forecasts that insurers and the public sector will combine to strengthen societal resilience to major cyber events.

Five trends in the UK cyber insurance market

Hundreds of cyberattacks occur every month in the UK, and the increasingly sophisticated methods of threat actors mean organisations of all sizes have been impacted.