Managers of Wealth Fintech

Cyberattack waves wash over West African banks

Who is behind these attacks remains unknown.

China Cybersecurity and Data Protection: 2018 Regulatory and Enforcement Review

In this e-bulletin we highlight the major regulatory and enforcement developments during the year in four key areas

Securing client information: a prime target for cyberthieves

Best security practices cover not just software, but hardware as well

Banks review security measures as cyber crime menace grows

Criminals are getting more sophisticated, warn SA's major banks, as they pilot debit-order system DebiCheck to fight SIM-swap fraud

Enveil and Unbound Tech unleash data security triad

Unbound Tech manages cryptographic keys, credentials, and other data to ensure that they never exist anywhere in their complete form.

Cybersecurity concerns will increase in UK wealth management industry in 2019, says GlobalData

The lack of alarm can be explained by the fact that the UK wealth industry has not seen data breaches related to cybercrime.

Key Cyber Security Trends to Watch in 2019

First annual cyber security predictions pinpoint areas of high cyber risk in the New Year and beyond

Sequrest picked by wealth management outfit Evolute for cyber security

Asset managers turn to Evolute to provide the most robust and efficient digital wealth management solutions

Cyber and Technology Resilience in Financial Services Firms

The Report notes that all firms should consider the findings and feedback.

Online Security Firm Enters Contract with Crypto-Mining Technology Provider

We see this transaction as a validation of Hilltop’s technology and our sales strategy. It’s notable that Island Mining and its CEO have the foresight to recognize that cryptomining without basic security is not an optimal strategy.

Kaspersky Lab shares Middle East, Turkey and Africa (META) 2018 Financial Insights and Predictions for 2019

Cryptocurrencies have also become an established part of many people’s lives, and a more attractive target for cybercriminals across the world, which resulted in a rapid increase in malicious mining of cryptocurrencies.

Technology push could open Hong Kong banks to more cyberattacks in 2019, KPMG says

New report comes days after HSBC was forced to increase security on its PayMe e-wallet app

Kenya calls for joint efforts to curb cyber crime, mobile money fraud

The country's top prosecutor noted that there was need to fortify governance and law enforcement to fight crime.

How Cyberattacks Hurt the Wealthy

This is particularly true for ultra wealthy individuals and celebrities with active social media accounts, which some protect with easy-to-decipher passwords, despite their importance.

Euro Cyber Resilience Board for pan-European Financial Infrastructures

The cyber threat facing the financial sector continues to be a challenge.

Banks embark on hiring spree in fight against dirty money

The Singapore Police Force (SPF) has warned the public about phishing schemes that pretended to be banks through disguising websites or scams made through text messages that were purportedly from DBS or OCBC.

Cyber-resilience: range of practices report issued by the Basel Committee

The current challenges and initiatives to enhance cyber-resilience are summarised in 10 key findings and illustrated by case studies which focus on concrete developments in the jurisdictions covered.

MAS Launches Cybersecurity Capabilities Grant

The Cybersecurity Capabilities Grant will support financial institutions in advancing their cybersecurity technology and manpower needs.

Qatar has strong infrastructure for information security in the financial sector, say experts

The Central Bank also undertakes an annual assessment of the infrastructure of banks in order to close the gaps that they may have in order to provide the maximum possible protection of information systems.

Canadian banks look to in-house hackers to improve and test cybersecurity

Canada's biggest banks are fortifying their defences by hiring their own ethical hackers to test their systems as the frequency and sophistication of cyberthreats increases.