Managers of Wealth Fintech

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.

Finastra Confirms Breach Amid Hacker’s 400GB Data Theft Claim

This trove of information reportedly included sensitive client files and internal Finastra documents.

Channel Island tech specialists join Europe-wide cybersecurity initiative

Cybersecurity experts from all over Europe, including the UK and Ireland participated in the second annual conference of European internet security professionals in Brussels.

BioCatch pilots fraud intelligence network with cohort of Aussie banks

The pilot will see the participating banks use BioCatch Trust as an additional protection layer to assess risks linked to the accounts customers direct domestic online payments to.

Fraud fears impacting small businesses

Fear of fraud is pushing consumers to larger businesses, further undermining SME business.

Mastercard aims to kill passwords and manual card entry by 2030

Today, more than 30% of Mastercard transactions worldwide are tokenised through the firm's Digital Enablement Service

Fintech players urged to build up cybersecurity capability

Apart from this, the group urged fintech players to always update their users on the latest forms of financial scams that may victimize them.

Mastercard and ASEAN Foundation Team Up on Cybersecurity

The programme will pay special attention to small and medium-sized enterprises (SMEs), which account for 97% of all businesses in Southeast Asia and are particularly vulnerable to cyberattacks.

Guernsey’s Data Protection Authority publishes latest breach statistics

This CCTV footage contained images of customers and was not used in accordance with the retailer’s policy on CCTV use.

Banks and mobile operators collaborate on Scam Signal for detecting APP fraud

Data from UK Finance shows that £213.7 million was lost to APP fraud in the first half of 2024.

Microsoft to create hundreds of new engineering jobs in Dublin

Out of the 550, 120 roles are already open for applications.

Cyberattacks threaten business reputation and brand trust

Hiscox said concerns about reputational damage were also influencing businesses’ decisions to make ransomware payments.