12/18/2023
Do you know these cybercriminal tactics used against FIs?
Hilligoss shares how these malicious tactics will continue to evolve in 2024 and the actions financial leaders can take to mitigate the risk of a cyberattack.
Cyber Security
12/18/2023
UBF stresses the role of advancing security in maintaining financial sector leadership
At Threatcasting event organised jointly with Mastercard
12/14/2023
WTW launches cyber product aimed at Bermuda market
“WTW Bermuda's optimised process includes integrating arbitration and jurisdiction elements for enhanced clarity and an option for additional comprehensive coverage against regulatory fines and penalties.”
12/14/2023
Visa bids to combat token fraud
Tokenization is a powerful fraud-fighting technology
12/13/2023
Detecting and Preventing Cybercrime in Islamic banks
These threats not only imperil the safety of financial transactions but also raise ethical and regulatory concerns within the context of Islamic finance.
12/04/2023
Dentons Collaborates with PICCASO Privacy Labs and Capgemini on launch of Data Privacy Risk white paper
The paper was compiled by a diverse team of 17 members
11/30/2023
UK to bring tech firms to account under new Online Fraud Charter
Barclays, for example, says the the Government should make the prevention of scams mandatory
11/21/2023
Hackers blow regulatory whistle over data breach
The SEC rules require US public companies to disclose “material cybersecurity incidents” within four business days of determining that a cybersecurity incident is material.
11/20/2023
Channel Islands internet company supports European cybersecurity group
Centr’s General Manager, Peter van Roste said: “We are committed to support the creation of this important development in cybersecurity, and commit to stand by your side.”
11/13/2023
Soteria and Nihon Cyber Defence announce strategic partnership
These services include professional consultancy, protective & assurance programs, network monitoring and incident management.
11/10/2023
Lloyds Bank issues urgent warning over rising threat of crypto scams
The number of cryptocurrency investment scams reported1 by victims so far this year has risen by 23%, compared to the same period in 2022.
11/09/2023
The rise in cybercrime: Protecting people
The impact of cybercrimes is profound, leading to severe financial losses and tarnished reputations for victims.
11/03/2023
HSBC warns of spike in dummy apps
HSBC has added a warning to its 'Latest Scams' page and put out a push notification on its Fraud and CyberAwareness app.
10/31/2023
Monzo and Starling among worst performers for APP fraud reimbursements
The two challengers fared little better in keeping scam volumes at bay
10/30/2023
ING CISO says data sharing is key to financial cybersecurity
Finextra spoke with Beate Zwijnenberg, chief information security officer at ING, about some of the challenges the bank is facing across fraud and cyber security.
10/26/2023
Bermuda cyberattack still affecting systems five weeks on
An October 9 email from the Land Title Office to users of the system was shared with the newspaper.
10/25/2023
Record cyberattacks on states, businesses and people
Microsoft publishes 2023 Digital Defence Report
10/23/2023
Jumio unveils fraud prevention tech
The predictive fraud score can be used to automatically reject identity transactions
10/20/2023
Payments system cyber attack could cost the world $3.5 trillion
The risk of a cyber-attack is the most cited risk in the latest Bank of England's Systemic Risk Survey for the second half of 2023, with 80% of firms mentioning it.
10/19/2023
Global economy could suffer potential $3.5tr cyberattack losses: Lloyd’s
Cyber remains a risk that has the potential to affect all areas of society, as it is both a complex and connected risk impacting areas such as supply chains and geopolitics.