Managers of Wealth Fintech

Should banks ditch passwords and move to voice authentication?

Voice biometrics uses characteristics and patterns in a person’s voice – called a “voiceprint” – to verify their identity.

Payment firms pool resources to combat real-time fraud

Real-time transactions, while a small part of the overall payments market, are expected to become more widely adopted in the years ahead.

Protect yourself from online scammers

Online fraud during the festive season tends to be on the rise, with criminals using every trick in the book to scam people.

Beware of Investment Fraud - How to identify a potential fraud

Giambrone & Partners banking and financial fraud teams are witness to the same strategies that are employed time and time again to deceive novice investors into risking their money.

Global Bank Cyber Risk Coordination a Positive for Risk Mitigation

Cybersecurity risk has been a growing “non-financial” risk for banks over the years

New Zero-Day Vulnerability for Log4j is the Next Cybersecurity Nightmare

Log4j is widely used and will take some time to patch and remediate, making many corporate systems and cloud environments vulnerable to attack.

African neobanks picks Seon to fight online fraud

Neobanks play an important role in helping to fill this gap, providing people with access to essential financial services, such as loans and the ability to save.

The State of Cyber Extortion Crime in South Africa

This preparedness starts with understanding the landscape and recognising how successful extortion attacks can fundamentally impact the business bottom line and the public sector’s service delivery.

Tracking Hackers: Court Considers Crypto Fraud

In addition to seeking the injunctions against the fraudsters, the claimants applied for disclosure orders, under the Bankers Trust and Norwich Pharmacal principles, against the Binance entities to discover the identity of the fraudsters.

Exclusive Networks Acquires Cyber Specialist to Establish Sub-Sahara African Presence

The acquisition establishes Exclusive Networks’ first presence in sub-Saharan Africa, expanding its global footprint and providing new opportunities for vendor and reseller partners both within the region and around the world.

Coinbase to Buy Crypto Security Tech Firm

MPC will help out with things like protecting customers’ assets.

Android banking trojans targeted over 300,000 devices

To scale up their attack, threat actors developed loaders with a reduced malicious footprint in Google Play, increasing the difficulties in detecting them with automation and machine learning techniques.

Who will bear the cost of cybercrimes? Banks soon to issue rules

It would be similar to the guidelines issued by the Monetary Authority of Singapore in 2020

Jersey’s public and private sectors work together to combat cyber risk

This will help local organisations to prepare for a cyber incident, and enable them to test their cyber incident response capabilities effectively.

Hackers Target Phones of Small Crypto Investors

As that goes on, law enforcement is trying to foster team-ups to address the wider pool of potential victims.

IRS Criminal Investigation releases annual report highlighting 2,500+ investigations, law enforcement partnerships

Enforcement actions focused on tax and COVID-related fraud, money laundering, cybercrimes

One Of The World's Largest Investment Management Firms Signs Major Contract With Darktrace

This latest customer win follows hot on the heels of a multi-million-dollar upsell with another major US investment management company.

Ex-Japan PM Abe calls for Tokyo's cooperation with AUKUS in AI, cyber

Quad leaders in September held their first in-person summit, which presented a united front amid shared concerns about China.

Banks ordered to promptly flag cybersecurity incidents under new rule

Banks also must notify customers as soon as possible of a cybersecurity incident if it results in problems lasting more than four hours.

China proposes further clarifications to its data security and management regime: businesses to take note

Public consultation and, for large platforms, regulatory approvals, are required to implement certain rules and policies, which could significantly slow the ability of platforms to adjust data practices to new competitive and regulatory developments.

Cyber Security