01/10/2019
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.
Cyber Security
01/09/2019
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
01/08/2019
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
12/19/2018
Cyber and Technology Resilience in Financial Services Firms
The Report notes that all firms should consider the findings and feedback.
12/17/2018
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.
12/14/2018
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.
12/12/2018
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
12/12/2018
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.
12/11/2018
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.
12/10/2018
Euro Cyber Resilience Board for pan-European Financial Infrastructures
The cyber threat facing the financial sector continues to be a challenge.
12/10/2018
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.
12/05/2018
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.
12/04/2018
MAS Launches Cybersecurity Capabilities Grant
The Cybersecurity Capabilities Grant will support financial institutions in advancing their cybersecurity technology and manpower needs.
11/26/2018
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.
11/23/2018
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.
11/23/2018
The Big Cybersecurity Question When It Comes To SA’s Digital Banks
Closer to home, a certain South African bank fell victim to serious cybercrime in 2016, losing around R300 million in an ATM fraud hit from Japan.
11/19/2018
Banks Need Hi-Tech Software to Mitigate Explosion in Fraud
This summer, for example, the UN estimated that cyber-crime was costing the ten countries in the Association of Southeast Asian Nations (ASEAN) alone between $120 million and $200 million a year – a sum that is taking its toll not just on the bottom
11/13/2018
FSB publishes Cyber Lexicon
The lexicon will be delivered to the G20 Leaders’ Summit in Buenos Aires later this month.
11/12/2018
Why Family Offices Need To Prioritize Cyber-Security
Considering that almost 50% of Ultra High Net Worth family wealth is being managed through Family Offices, it is critical that adequate measures are put in place to defend these firms from the growing threat of increasingly sophisticated cyber-attacks.
11/01/2018
GUERNSEY: Cyber and Information Security
The Commission has also decided to undertake a thematic review of cyber security across supervised firms.