Managers of Wealth Fintech

Cybersecurity emerges as key driver of FinTech growth worldwide

Middle-income countries show a more nuanced relationship, with FinTech volumes correlating with nominal GDP (0.5373)

Enhancing third-party risk management in banking

Some key third-party risks in banking, include but are not limited to operational, cybersecurity, compliance and legal risks.

Bermuda cyber insurance GWP jumps 64%

Incurred losses on the other hand remained stable at $1.2 billion aggregate in 2022, with reinsurance policies contributing nearly 50% of the total.

Cyberfraud Scam: Fraudsters Posing as Wealth Managers on WhatsApp

In the newest version of this scam, criminals are using the popular app WhatsApp to promote trading in ‘pump and dump’ or ‘get rich quick’ schemes in a particular stock position.

Cyber insurance to grow rapidly

CyberCube’s US industry exposure database pegs US stand-alone premium in 2023 at $8 billion.

Fraud in a cyber world

Banks can streamline business and technology architecture to support a better customer experience, improved risk decision-making, and greater cost efficiencies

New capital boosts cyber diversification for reinsurance market

Cyber risk and its unique challenges will take centre-stage in conversations around diversification and capital markets

Cyber security in wealth management: protecting client data in a digital age

This shift offers immense opportunities for efficiency and client service, but also increases vulnerability to cyber threats, making cyber security a critical concern.

US firms see spike in cybersecurity services as data breaches increase: ISG

As the US demand for cybersecurity grows, organisations are rationalising security technology stacks to reduce costs and optimise resource utilisation.

CyberArk Named Trusted Cloud Provider by Cloud Security Alliance

The Trusted Cloud Provider trustmark helps organizations to identify providers that have invested to achieve the highest standards of cloud security in their product offerings.

Crooks use progressive web apps for new phishing scam

ESET says that most of the phishing apps it has identified have targeted clients of Czech banks, but one was aimed at a Hungarian bank and another a Georgian bank.

Cybercriminals use sensitive data to extort money from wealthy companies — tech firm

The cybersecurity provider also found other posts by hackers revealing their schemes to defame workers by stealing data that could be used as “leverage” if companies refuse to pay.

Baiduri Bank and HID partner to streamline banking security and authentication

"Baiduri Bank is proud to be the first bank in Brunei to leverage cloud technology to enhance our customers' experience."

Bank of Ireland warns of worrying surge in investment scams

Bank of Ireland is warning of a surge in investment fraud, describing it as the most concerning trend in evolving scam tactics.

Bank of Ireland warns of worrying surge in investment scams

Bank of Ireland is warning of a surge in investment fraud, describing it as the most concerning trend in evolving scam tactics.

Cybercriminal J.P.Morgan brought to justice

A prolific cybercriminal operating under the online monicker J.P.Morgan has been arrested following a co-ordinated international police investigation.

Banks Launch New Campaign In Fight Against Scammers

ABA CEO Anna Bligh said banks had some of the strongest anti-scam protections in the world to help shield Australians from scammers.

Jersey Office of the Information Commissioner joins Global Privacy Enforcement Sweep

Nearly all of the websites and apps examined were found to employ one or more deceptive design patterns, complicating users’ ability to make privacy-protective choices.

Elevating multi-cloud security for a leading American bank

Custom and contextualised guardrails acted as proactive checks, preventing security misconfigurations and further ensuring compliance.

JP Morgan preps more biometric payment pilots

JP Morgan is teaming up with vendor PopID to trial pay-by-face biometric payments with merchants across the US.

Cyber Security