Managers of Wealth Fintech

Challenger bank accessing latest anti-money laundering technology through fintech

Challenger banks works with fintech to support its anti-money laundering efforts

Demand for Risk and Compliance Outsourcing Jumps Over 25% in the Age of COVID-1

The COVID-19 pandemic has forced financial services firms to abruptly change the way they work now – and in the future.

Banks fighting cyber fraud with strict measures – Bankers’ chief

Also, in recent times, the various forms of advanced technologies adopted by financial institutions have made the banking sector more susceptible to various risks such as phishing, identity theft, card skimming, fishing, email fraud and more sophisticated

EU Seeks Authority to Cut Off Banks’ Tech Suppliers if Found Wanting on Cybersecurity

Proposed legislation would stop banks and financial firms from using IT services that present risks, and would standardize cyber regulation across Europe

Managing Vendor Cybersecurity Risk in IoT Contracting

The expansion of connectivity presents growing security risks and challenges for companies across a wide range of business sectors.

BMA publishes cyber code of conduct for insurance

The Bermuda Monetary Authority has published the Insurance Sector Operational Cyber Risk Management Code of Conduct to establish duties, requirements, standards, procedures, and principles for insurers and intermediaries operating in the cyber market.

Capitec warns against new fraudsters scamming clients

In June the South African Banking Risk Information Centre (Sabric), on behalf of the banking industry, released its annual crime statistics for 2019, which showed that credit and debit card fraud had increased by 20.5 percent due to online transactions be

How to Make Cybersecurity Awareness Month Work for Your Organization

Too often, NCSAM is wrought with mandatory awareness training that employees ignore, or tweeting tips to customers.

Fidelity National Information Services : Banking's digital footprint expansion creates new opportunities for fraudulent attacks

Banking's digital footprint expansion creates new opportunities for fraudster attacks

HMRC bombarded by 5,000 malicious email attacks every day

Security specialist Andy Heather, VP, Centrify comments: “Hackers see HMRC as a goldmine of personal and company data, so it’s no surprise that they are bombarding the organisation with an array of phishing, malware and spam attacks on a daily

To protect African minigrids, Schneider will invest in cybersecurity

Increased investment in cyber-security is key to Schneider’s strategy of targeting minigrid operators in Africa, Amel Chadli, vice-president of development and strategy for the Middle East and Africa, tells The Africa Report.

Cybercriminals are targeting Asia-Pacific banks and businesses as coronavirus disrupts daily life

More than half of businesses surveyed in Asia said they experienced at least one major security scare since shifting to work from home this year, according to a September 22 report by Barracuda.

FCA calls for tougher measures to tackle online scam ads

It is clear there is now mounting pressure on the government to take steps to tackle the promotion of scams through search engines and social media platforms.

Mauritius chosen as ITU Centre of Excellence in Cybersecurity

The launching was followed by the first online training on Cybersecurity Risk Management, free of charge, for some 128 participants from 59 countries, including Mauritius.

China Cybersecurity and Data Protection: Monthly Update – Sep 2020 Issue

Two draft standards were released in August on protection of critical information infrastructure (CII).

Growing digitalization makes the oil and gas industry more vulnerable to cyberattacks

Loss or theft of such data can prove financially and operationally detrimental for an oil and gas company.

Mitigo joins as latest PIMFA Plus partner to help members combat alarming new trend in ransomware attacks

Ransomware is a type of malicious software which encrypts a firm’s data so it is impossible for them to access any information.

Cyber Security; pension schemes in 2020

On a personal level, there are sophisticated ‘phishing’ emails in circulation, which purport to come from HMRC, DVLA and TV Licensing among others.

Cyber threat to disrupt start of university term

The cyber-security body, part of the GCHQ intelligence agency, says such attacks can have a "devastating impact" and take weeks or months to put right.

Hackers target business owners with Covid-19 VAT deferral scam

In fact, we recently observed a 667% spike in coronavirus-related spear-phishing attacks from February compared to March, during the start of the UK’s lockdown.