Managers of Wealth Fintech

UK unveils National Cyber Force of hackers to target foes digitally

New unit aims to disrupt online activities of hostile states, terror groups and paedophiles

China Cybersecurity and Data Protection: What you need to know about China’s draft Personal Information Protection Law

The draft PIPL also lays down obligations on processors when sharing and transferring personal information to third parties.

Philippines, Singapore central banks address cybersecurity risks

BSP and MAS are committed to working together and with other countries and authorities to promote an environment in financial services that fosters the development of the global economy.

How Standard Chartered approaches cyber security

Bank uses security-by-design principles and conducts red-teaming exercises among other measures to fend off cyber breaches

Banks Reinforce Protections As Cybercriminals’ Tactics Evolve

Pre-pandemic, many banks were already headed on a path toward digital migration.

Saudis targeted in new wave of financial scams

Fraudsters claim to be from trusted institutions such as central bank or Public Investment Fund

The Dynamic Duo: Cyber-security and Due Diligence during the COVID-19 Pandemic

Of particular importance is how information is communicated during the life of a transaction.

HKMA launches Cybersecurity Fortification Initiative 2.0

The results of the review show that the banking industry is strongly supportive of the CFI.

Banks have warned of a new way of fraud

After that, they persuaded citizens to transfer money through an application or an ATM to a “special” account, ostensibly in order to close a loan or save money from fraudsters.

Hackers Paralyse NCBA Bank Operations

The bank said on Tuesday that it wants to hire an IT director following technical changes in migrating the bank’s systems and a hacking.

Gauteng government raises awareness on cyber security during Covid-19

It is therefore about time that citizens are taught about the importance of being cyber secured.

Report indicates an increase in banking fraud in Africa and Middle East region

It is emerging that fraudsters are seriously preparing for such calls and are actively using social engineering methods. In 37% of cases, they mentioned the correct name and surname of the person whom they called.

Financial Sector; Prime Target For Cyber-Attacks — Ursula Warns

She said this in a speech delivered on her behalf by Mr Alexander K. K. Abban, Deputy Minister of Communication at a forum with industry players on the impact of COVID-19 on the private sector.

Rise in Digital Banking Activities: Should UK Banks Be Wary Of Cyber Attacks?

The uncertainty over post-Brexit amendments in regulations, climate change concerns and the COVID-19 pandemic has contributed to the rise in demand for cashless banking.

Working From Home Sees Spike in Cyber-Scams

Data from the Australian Cyber Security Centre (ACSC) found cyberattacks on Australian businesses are costing the economy $29 billion a year.

8 types of fraud to watch out for in the UAE

Fraudsters implement social engineering tactics to separate you from your money

Five information security rules for the new world by Andrew Todd, IRESS

People are still the primary risk to data loss or an information security breach, so keep up the training and education particularly around fraud and social engineering, and reinforce the care required around unknown emails, fake emails or websites.

EU data protection enforcement highlights cyber focus

Cases concerning personal data breaches made up 77% of that total amount.

How Covid-19 has increased the pressure on banks to combat cyber frauds?

Adoption of e-commerce and digital financial services has seen accelerated growth in the country but the concurrent rise in cyber frauds necessitate multi-level awareness.

BoG scales up efforts to protect banks from cyber attack

“Enhancing capacity to understand, identify and mitigate cyber risks on the part of operators, regulators, security agencies, and the entire national eco-system."