Managers of Wealth Fintech

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.

The Family Office Cybersecurity Report, 2024

This edition highlights the increasing sophistication of cyber threats

Miller signs strategic partnership with CyberCube

Cyber risk is an area of critical focus for our clients

Cybercrime warning in South Africa

Overall, the total number of cyber claims in 2024 is expected to stabilise, following a 30% increase in frequency during 2023, which resulted in 700+ claims.

Standard Bank’s massive cybersecurity team

Standard Bank spends more than R1-billion/year keeping its systems safe from attackers.

Broadridge Launches Enhanced Operational Resilience Solution and Services for International Post-Trade Processing

Broadridge’s operational resilience services and solutions for international post-trade processing enable firms to mutualize the cost of ensuring business continuity in the face of growing cyber-attacks

Mastercard to pilot enhanced ID verification service in Europe

Mastercard is to pilot launch a new service that gives issuers the ability to verify more detailed personal information about cardholders

Australian government launches initiative to boost small business cyber resilience

This program focuses on equipping businesses with essential cyber safety practices to fend off digital threats.

In-house legal and cyber experts must work together on cyber risk

The survey results formed part of a report by the Financial Times (FT) on the critical role in-house lawyers can play in protecting the business.

MoneyGram says hackers stole customer data

Customers are advised to "remain vigilant" while some are being offered identity monitoring services for two years at no cost.

Passkeys Replace Passwords as Banks Seek Better Authentication Options

This setup is especially useful for individuals with multiple devices

Hong Kong Government considers changes to proposed critical infrastructure cybersecurity law

The Security Bureau received 53 written submissions, and the report states that the majority of these were in favor of the proposed legislation.

Meta and UK banks forge partnership to tackle online scams

More insights include the broader impact and reception of this partnership.

Cyber Security