10/31/2023
Monzo and Starling among worst performers for APP fraud reimbursements
The two challengers fared little better in keeping scam volumes at bay
Cyber Security
10/30/2023
ING CISO says data sharing is key to financial cybersecurity
Finextra spoke with Beate Zwijnenberg, chief information security officer at ING, about some of the challenges the bank is facing across fraud and cyber security.
10/26/2023
Bermuda cyberattack still affecting systems five weeks on
An October 9 email from the Land Title Office to users of the system was shared with the newspaper.
10/25/2023
Record cyberattacks on states, businesses and people
Microsoft publishes 2023 Digital Defence Report
10/23/2023
Jumio unveils fraud prevention tech
The predictive fraud score can be used to automatically reject identity transactions
10/20/2023
Payments system cyber attack could cost the world $3.5 trillion
The risk of a cyber-attack is the most cited risk in the latest Bank of England's Systemic Risk Survey for the second half of 2023, with 80% of firms mentioning it.
10/19/2023
Global economy could suffer potential $3.5tr cyberattack losses: Lloyd’s
Cyber remains a risk that has the potential to affect all areas of society, as it is both a complex and connected risk impacting areas such as supply chains and geopolitics.
10/18/2023
ID Fraud Increases by 44% in North America as Inflationary Pressures Continue, Finds AU10TIX
Amid this escalation, the Asia-Pacific region emerges as the leading target for fraudsters
10/16/2023
Businesses Embrace Passwordless Authentication for a More Secure Future
The move towards passwordless authentication has gained steam over the past few years
10/09/2023
HarfangLab secures $25m in Crédit Mutuel-led cybersecurity funding round
HarfangLab has earmarked the freshly acquired funds for a twofold agenda
10/06/2023
UK Information Technology Services provides tips and tricks for Cybersecurity Awareness Month
Jennifer Edwards, a member of the enterprise cybersecurity team at the university, says everyone should learn more about cybersecurity.
10/02/2023
E-commerce fraud to cost $48 billion globally this year as attacks skyrocket
Sift’s Index found that ATO attacks jumped 354% year-over-year in Q2 2023 across Sift’s global network after reaching a 169% increase year-over-year in 2022.
09/29/2023
Government report showed lack of framework to counter cyberattacks
The information systems risk management programme is listed as being within the administration business unit.
09/27/2023
Cyber attack: Restoration of hacked computer service may take time
This will assist in standing up government services and providing access to those services for the public.
09/26/2023
Expert: all signs point to ransomware attack
Last week’s cyberattack on Bermuda has caused massive disruption to government services
09/25/2023
UK financial services firms suffer threefold increase in cyber attacks
The Pensions Regulator’s cyber security guidance states trustees remain accountable for the security of scheme information and assets even when day-to-day functions are outsourced.
09/25/2023
Bermuda continues to struggle from cyberattack
All government e-mail remained knocked out over the weekend, along with the main switchboard, and it was unclear when normal operations would be restored.
09/22/2023
Ingine’s new cybersecurity service to drive training and jobs
It comes with strategic partnerships for Ingine, the Bermudian-owned IT security and managed IT services company.
09/22/2023
Cisco taps new M&A firm Tidal for $28 billion Splunk deal
Tidal's win comes as more technology bankers decide to launch their own firms
09/20/2023
What cybersecurity threats does generative AI expose us to?
Generative AI is a powerful technology that carries risks that need to be addressed, particularly in the realm of cybersecurity