Managers of Wealth Fintech

Cyber predators on the rise in Cayman

Issues include sextortion, targeting kids on social media

Operators Warn against Cybercrime

In his welcome address, the President of NCS, Prof. Adesina Sodiya said NCS observed that cyber attacks in Nigeria was on the increase, based on current local and International reports that were alarming.

DOL Cybersecurity Guidance: Managing Risks to Employer-Sponsored Retirement Plans

Without sufficient protections, the estimated 34 million defined benefit plan participants in private pension plans and 106 million defined contribution plan participants covering $9.3 trillion in assets may be at risk from cybersecurity threats.

HSBC UK launches fraud awareness app for businesses

The HSBC UK fraud app which we’ve been testing for the last six months has proved to be a fantastic source of intelligence for our team and provides us with an extra tool in the fight against financial crime.

Saudi Arabia implements cybersecurity framework

The framework ensures an increase in the level of confidence in the integrity of the infrastructure of service providers, and the application of best practices to develop appropriate cybersecurity measures.

Fico says latest fraud model helps identify 50% more scam transactions

APP scams manipulate customers into sending money to an account controlled by scammers.

Cyberattack: HSE braced for release of stolen patient data

Plans to counter leak drawn up with Garda, data protection chief and social media firms

At least 4.5 million people's data exposed following IT system hack

A company called SITA operated the breached system and revealed the hack in February, but not the scale or who was affected.

‘DeFi’ fraud rises whilst cryptocurrency crime declines

The decrease in crypto crime reflects the industry’s maturation - as companies and exchanges improve their security systems.

70 European and South American Banks Under Attack By Bizarro Banking Malware

"The threat actors behind this campaign are adopting various technical methods to complicate malware analysis and detection, as well as social engineering tricks that can help convince victims to provide personal data related to their online banking

UK Finance: Over two thirds of all APP scams start online

Impersonation scams, which have also grown significantly in recent months, were the only scams solely initiated via telephone calls and text messaging.

First bug bounty programme in the Federal Administration

This platform is based on state-of-the-art cloud technology and meets the requirements of the Confederation and other regulated industries such as critical infrastructures.

Coalition urges UK government to add scams to Online Safety Bill

According to the letter: "Online platforms play a pivotal role in enabling criminals to reach and defraud internet users through the hosting, promotion and targeting of fake and fraudulent content on their sites, including adverts that they make sign

MAS commits $42m to spur adoption of technology solutions for risk management and regulatory compliance

MAS will commit $42 million for the RegTech grant scheme and enhanced DAG scheme.

Insights from the 2020 Cyber Coordination Groups

These Cyber Coordination Groups (CCGs) have aimed to help firms share knowledge and discuss good practices in protecting themselves from cyber threats.

UK Government announces plans for new cybersecurity legislation to protect consumer smart devices

The legislation is expected to apply to all "relevant economic actors" involved in the transmission of smart devices to UK consumers including manufacturers, importers and distributors.

How Tech Platforms Are Changing Verification and Authentication

Skimping on robust ID verification and authentication isn’t an option.

Cyber-attacks and Data loss top concerns facing Directors & Officers, according to Willis Towers Watson and Clyde & Co

The impact of the Global pandemic is front of mind for Directors and drives movement in the Top 5 D&O risks in the Willis Towers Watson / Clyde & Co, D&O survey

Israeli regtech AML firm ‘considers public listing’ ahead of expected AI boom

London, Tel Aviv and Australian exchanges have approached ThetaRay about listing, which is also interested in the Nasdaq, Gazit reportedly said.

Gallagher Re invests in Bermuda with establishment of dedicated new cyber reinsurance specialism

The dedicated team will be led by specialist cyber broker Seb Plummer

Cyber Security