Managers of Wealth Fintech

Cybersecurity Multi-Donor Trust Fund

The emerging work program will offer comprehensive cybersecurity capacity development

Hackers steal nearly $100m in Japan crypto heist

It is the second major theft of cryptocurrencies to take place in recent days.

China passes new personal data privacy law, to take effect Nov. 1

The law states that handling of personal information must have clear and reasonable purpose and shall be limited to the “minimum scope necessary to achieve the goals of handling” data.

Ex-Credit Suisse Chairman Starts Cyber Venture

After leaving Credit Suisse three months ago, Urs Rohner relinquished all his finance-related mandates, including those at the Institute of International Finance and European Banking Group.

Israel Discount Bank of New York Implements ARGO’s Anti-Fraud Solutions Suite

The solution protects 35 of the top 100 US banks with a total footprint of over 500 financial institutions internationally including across the US and Canada.

Fighting evolving cybersecurity threats in Singapore: No letting the guard down

2020 saw an increase in cyber threats such as ransomware, phishing attacks and online scams

No business is too small for a cyber security strategy

Scammers’ impersonation skills are becoming increasingly sophisticated, making it very difficult for companies and employees to differentiate between legitimate businesses and scams.

Hackers return $260 mln to cryptocurrency platform after massive theft

Estimated $600 mln stolen from token-swapping platform

More Than $600 Million Stolen In Ethereum And Other Cryptocurrencies—Marking One Of Crypto’s Biggest Hacks Ever

Soon after the hack, Tether, the company behind the world’s third-largest cryptocurrency by market capitalization, froze roughly $33 million in USDT tokens

Global cyber threats have increased significantly with COVID-19

Broadly speaking, Cyber Security is the practice of defending computers, servers, mobile devices, electronic systems, networks, and data from malicious attacks.

UBEL is the New Oscorp — Android Credential Stealing Malware Active in the Wild

The malware was distributed through malicious SMS messages, with the attacks often conducted

Fiserv chooses Vesta to tackle e-commerce fraud in Mexico

The Vesta fraud prevention platform helps secure online payment transactions, reduces the decline rate, and includes a “Zero Chargeback Guarantee.”

Everest integrates blockchain API with Oracle financial crime suite

Everest’s technology provides Oracle the ability to bring identification verification and validation services to major financial institutions across 180+ countries.

Israeli firm’s spyware used to hack phones of journalists and business execs globally

"The sort of surveillance being reported is an appalling violation of press freedoms and we strongly condemn it," said a Bloomberg News spokesperson.

China Plans to Exempt H.K. IPOs From Cybersecurity Reviews

The Cyberspace Administration of China will vet companies to ensure they comply with local laws, but only those headed to other countries such as the U.S. will undergo a formal review, the people said.

SA firms hit in massive ransomware attack

The findings differentiate the latest incident - which cybersecurity firm Huntress Labs said affected more than 1 000 businesses - from other recent assaults on the software supply chain.

Hackers on loose as 9,000 data leaks a year recorded

Privacy experts said the figures were “alarming” and that the public would be disturbed to learn how often important information was being lost.

China Widens Probe Beyond Didi, Roiling Global Investors

Investors responded by dumping Chinese tech stocks in Hong Kong and sending shares of SoftBank Group Corp., a backer of both Didi and Full Truck, to an seven-month low in Tokyo.

SEC Increasingly Turns Focus Toward Strength of Cyber Risk Disclosures

This Legal Update provides background on the new SEC chairman and the SEC rulemaking process, the SEC’s prior guidance on cybersecurity disclosures

GBST Digital develops new functionality to provide a seamless user experience for ATO compliance checks

The old system for ID verification involved trustees of eligible super funds simply needing an individual’s tax file number to search for superannuation records via SuperMatch