Managers of Wealth Fintech

Identity fraud hits 118k as AI bypasses checks

The threat of identity fraud is no longer confined to high-risk areas.

Family Offices Hit By Wave Of Cyber Threats. Here's How To Guard Against Them

From financial fraud and identity theft to ransomware and the exposure of sensitive data through breaches, the digital threats facing such individuals are now a persistent, well-executed assault.

Cybersecurity AI firm Reach Security raises $10m from M12

Reach helps enterprises enforce security policies by translating intent into action across SaaS and on-prem environments. Its assistant streamlines drift detection, policy enforcement and remediation.

Cybercrime Is Surging Across APAC Yet Defences Remain Fragmented

The region experienced a significant surge in human-led attacks, accounting for over 60% year-on-year growth, and a 37% overall increase in attack rates.

Mastercard unveils A2A Protect in the UK

The Payment Systems Regulator has also taken steps to address the concern, introducing a 50:50 liability model for APP fraud.

Mosaic launches cybercrime insurance product

The firm aims to provide robust protection to the rapidly growing, yet historically underserved sector.

Ransomware payments ban to be introduced in the UK

The government is still considering whether to apply mandatory reporting obligations to just ransomware incidents or to extend them to other forms of cyber incidents

Unified Endpoint Management and Security

Why it is the cyber defence every business needs

Cambodia Arrests Over 1,000 in Cyber-Scam Raids

Crackdown targets compounds linked to forced labour and transnational crime amid rising regional tensions and human rights concerns.

Cloud Carib: Cyberattacks in region could reach 300 mil. per month by yearend

He said the number of cyberattacks in the region is a chief reason why regional governments and businesses need to bring their data home from large cloud facilities abroad.

MAS Chief: Singapore Must Choose Security Over Convenience in Fight Against Scams

Banks are rolling out real-time fraud detection, cooling-off periods, and physical authentication tools as part of MAS’ broader efforts to address rising scam risks.

Hackers Leverage Polyglot Files to Evade Email Filters and Deliver Malware

The latest campaigns stand out for exploiting legitimate email addresses from previously compromised entities to send phishing emails.

Financial crime: a call for collective action

Today’s cybercriminals are not physically robbing individuals or bank branches, but are sitting behind screens, hidden by layers of digital anonymity

Cybersecurity: Pictet launches offensive for external asset managers

Now the traditional Geneva-based firm is taking its efforts a step further , as Alain Gallati, Market Head of Pictet Asset Services German-speaking Switzerland, explains in a finews.ch podcast .

Thaakar: Sophos Will Demystify Cybersecurity in Nigeria

It’s a platform to align with our partners and co-create the future of cybersecurity in the region.

Zurich strengthens digital defence with BOXX Insurance deal

As part of the move, BOXX will continue to operate as a standalone entity under Zurich Global Ventures.

ICO 23andMe investigation a reminder of data protection importance

The fine stems from a large-scale cyberattack that occurred between April and September 2023.

Cyber-risk a boardroom issue, says Aon report

Of the 1,414 cyber-events analysed by Aon researchers, 56 developed into reputation risk events

UBS employee details leaked in cyberattack on data provider Chain IQ

Swiss bank UBS has fallen victim to a cyberattack at a vendor that leaked the personal details of tens of thousands of employees.

CyberTech steals spotlight as FinTech firms raise $1.42bn across 19 deals this week

This surge was largely driven by the presence of several mega-rounds, with three deals exceeding $100m, including one that crossed the half-billion-dollar mark.

Cyber Security