Managers of Wealth Fintech

Revolut takes on impersonation scams with in-app calls

Fintech giant Revolut is rolling out in-app calls to help retail customers quickly expose impersonation scams.

Rising data use liabilities for telecommunications and technology companies in Asia

The increasing risk of liabilities is driven by the proliferation of the use of data and soaring demand in the use of technology to grow businesses

Cybercriminals set to benefit from advances in AI

“While AI has obvious applications in defensive cybersecurity, we believe that in the near term, threat actors will be the primary beneficiaries of these technologies.”

Singapore Will Not Include Credit Card Fraud in Shared Responsibility Framework

Over time, these measures have been strengthened to combat fraud effectively.

Cybersecurity expert warns of rising ransomware threat at NCC Cyprus

Alarming rise of ransomware and social engineering attacks

Banks Adopt Behavioral Biometrics as CFPB Cracks Down on Digital Payment Fraud

Behavioral biometric systems analyze various aspects of user behavior for identity verification.

QNB’s approach to fighting cyber fraud in Qatar: Awareness and technology

QNB has also launched a special partnership with the National Cyber Security Agency

Cyber-security as a business enabler

The best cyber-security investments go beyond merely choosing the most advanced technology.

Cisco targets enhanced digital security with SnapAttack acquisition

The acquisition also represents an opportunity for Cisco to enhance its pool of engineering talent.

Revolut to Roll Out Enhanced Security Tool for Crypto Transactions in 2025

The platform, tested over a 12-month pilot, reportedly reduced fraud attempts by 50% for participating users.

UK cybersecurity firm seeks to establish base in Bermuda

In Bermuda it would help towards requirements under Pipa regulations, which come into effect on January 1.

Bill proposed to strengthen critical infrastructure cyber security in Hong Kong SAR

The Bill expands CIO designation criteria to include the “sensitivity of digital data controlled by the organization in respect of the infrastructure”.

NIS2: EU chases 23 countries on cyber law implementation

Cyber law expert Stuart Davey of Pinsent Masons said the lack of national implementing legislation for NIS2 is hampering business efforts to comply with the new regime.

Experian: Young Fraudsters and Cybercriminals Hacking Eachother Could be Trends in 2025

Many youngsters are recruited by sophisticated fraudsters who communicate with them through online gaming, chat and social media.

Warning over cybercrime surge in South Africa this holiday season

South Africa ranks 14th globally in the average cost of a data breach, reaching $2.78 million (~R50 million) in 2024, according to Allianz.

IoD Jersey Digital Committee urges proactive leadership on cyber and information security risk

Further presentations from BDO and Matt Palmer, Director of the Jersey Cyber Security Centre further reiterated that Directors need to have the skills and knowledge to lead their business

Hackers steal $17 million from Central Bank of Uganda

Hackers have breached the Central Bank of Uganda's firewalls and stolen $17 million from Treasury accounts.

Will 2025 be the turning point for cybersecurity in finance?

This growing threat landscape is driving a fundamental shift in cybersecurity strategies.

Cybersecurity law package 2024 passed by the Australian parliament

Under the Intelligence Services and Other Legislation Amendment (Cyber Security) Act 2024 there will be a new limited-use obligation on the Australian Signals Directorate (ASD) to protect the information voluntarily provided

Online Fraud Charter Hasn’t Had Desired Impact: 6.6mil UK Adult Fall Victim to Fraud Finds Which?

Major tech companies vowed to adopt “a raft of measures” to protect users from scam content, including verifying new advertisers and promptly removing any fraudulent content.