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Cyber Security

05/20/2024

Phishing, BEC, and Beyond: Tackling the Top Cyber Threats to UK Banks

KnowBe4's new report finds that UK financial institutions face onslaught of cyberattacks at unprecedented rate

05/17/2024

Navigating Cybersecurity Changes in Wealth Management

Digital Privacy & Protection's efficient protocols facilitate quick client assessments and updates, ensuring effective defense strategies.

05/16/2024

Tech company Iress addresses user space's security breach

Firm assures no compromise to client data

05/13/2024

Cybersecurity Hygiene: Key Challenges and Solutions

An organization in India is being attacked on average 2628 times per week in the last 6 months, compared to 1236 attacks per organization globally.

04/25/2024

Amateurs using AI in digital banking scams and financial crimes: BioCatch

The first AI-focused fraud and financial crime report from BioCatch highlights a concerning trendThe first AI-focused fraud and financial crime report from BioCatch highlights a concerning trend

04/25/2024

NextGen Nordics 2024: Can behavioural biometrics fix fraud?

“Banks historically took the view that that’s a problem for the individual, right?”

04/18/2024

Governments threatened by cyberattacks

The Bermuda Government was hit by a cyber attack last year which brought down much of its IT infrastructure for a number of weeks.

04/17/2024

Revolut releases Financial Crime and Consumer Security Report

To reduce this risk it is important to always be vigilant of the surroundings when adding a pincode and not to store the login credentials on the phone.

04/16/2024

Cyber risks soar: 80% of US insurers expect increased threats this year

Moreover, a substantial 80% of those surveyed predict an escalation in cyber risks over the forthcoming period, which solidifies the need for insurers to refine their approach to risk assessment and mitigation.

04/12/2024

From data breaches to economic crises: The growing cyber threat to global finance

This surge in cyber risks is compounded by indirect consequences such as reputational damage and the heightened costs associated with bolstering cybersecurity measures.

04/10/2024

Cyber attacks risk triggering bank runs, warns IMF

Research shows the number of malicious attacks has doubled since the pandemic

04/10/2024

Cayman confirms systems protected from cyberattack

The September 2023 cyberhack on the Bermuda Government caused chaos, leaving ministers and civil servants unable to access their computers and putting many services offline.

04/09/2024

Experts conclude government foiled attempted cyber attack

Deloitte brought in for a 'deep dive analysis'

04/08/2024

Data protection drop-in for Alderney residents

It will be the first time that Bailiwick Data Protection Commissioner Brent Homan has travelled to Alderney.

04/05/2024

CybSafe Reveals Importance and Use of Cyber Training for Customers

The CybSafe study has revealed the prominence of cybersecurity in consumer decision-making in an increasingly digital landscape.

04/04/2024

CaixaBank explores use of AI to tackle cyber threats

CaixaBank is continuously involved in European research and analysis projects regarding the various issues and challenges that the financial industry is faced with

04/01/2024

Prisma Finance says $540K still at risk, hacker demands team reveal themselves

The decentralized borrowing protocol said there were still 14 accounts that have yet to revoke the affected smart contract, which caused $11.6 million to be exploited last week.

03/25/2024

BMIT Technologies plc reports record revenues and solid performance

2023 results announced

03/25/2024

First Bank launches new digital experience center, assures users of data security

Beyond providing seamless banking services, First Bank’s Group Executive, Technology Digital Innovation and Services, Calistus Obetta highlighted the crucial importance of data security given DXC’s fully automated features.

03/25/2024

Pan African Bank, Cybervergent Collaborate to Enhance Cybersecurity Resilience

The partnership is coming at a time when businesses are grappling with the persistent menace of cyber threats that disrupt operations and threaten the integrity of sensitive financial data.

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