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Cyber Security

02/21/2024

Cyber group responsible for attacks in Jersey disrupted by UK National Crime Agency

The group is known to be one of the most prolific ransomware groups in the world, and has targeted organisations around the world, including in the UK and in Jersey.

02/20/2024

Banks can tackle financial fraud by using new homomorphic encryption technology

Ensuring that this sensitive data remains encrypted and protected, while still being able to draw insights from it, is crucial.

02/19/2024

JT strengthens fraud prevention offering with Spectrum acquisition

JT Group’s vision is to connect our customers

02/16/2024

Clarity secures $16m in seed funding to combat Deepfakes with AI cybersecurity

The new influx of capital will be instrumental in doubling down on Clarity’s core research efforts and enhancing its solution offerings.

02/16/2024

Apple Vision Pros Are Practically Dress Code at This Crypto Hacker House

Airdrop riches and FOMO are fueling a run on Apple's pricey VR headset at mtnDAO, the Solana blockchain's largest community-run coworking meetup, in Salt Lake City.

02/16/2024

KYND secures new funding to advance cyber risk management

This latest tranche is set to support KYND’s global growth plans and the continued development of transformative cyber risk technology

02/15/2024

Revolut launches AI-based scam detection feature

Revolut can also redirect the customer into a chat with a Revolut fraud specialist who will then ask them further questions in order to determine if they are being scammed.

02/14/2024

Phalanx AI secures Catalyst Grant to bolster cybersecurity innovation

With the Catalyst Grant, Phalanx AI plans to expedite its growth efforts and refine its proprietary technology, aiming to deliver more comprehensive and adaptable security solutions.

02/13/2024

Lithuania’s Cyber Upgrade raises €650k to strengthen SME cybersecurity solutions

This investment opens exciting growth opportunities, allowing us to develop the latest technologies into next-generation operational level defences against emerging cybersecurity threats.

02/10/2024

HUB Cyber Security and Blackswan Tech Team Up for $3.2M Deal with a Top-Tier European Bank

A five-year contract to deploy cyber protective data-fabric solutions for transaction monitoring and cyber risk mitigation.

02/08/2024

Implementation of the Technology and Cyber Risk Measures for DPT Services

Previously, the Notice only applies to operators and settlement institutions of designated payment systems under the Payment Services Act 2019. F

02/08/2024

New threat intelligence report reveals 704% increase in face swap attacks

Additionally, mobile web platforms experienced a 255% uptick in digital injection attacks during the same period, highlighting the evolving nature of cyber threats.

02/07/2024

Three quarters of a million pounds lost to online scams in Isle of Man in 2023

The report also highlights other eye watering figures lost to online scams

02/06/2024

Cybersecurity remains number one risk for global banks

Today’s CROs face increased complexity caused by overlapping and correlated risks, nearly all of which seem to be increasing in urgency.

02/05/2024

Guy Carpenter launches cyber reinsurance offering

The company boasts a team of 3,500 professionals across more than 60 offices worldwide.

02/01/2024

Ripple co-founder's personal XRP accounts hacked

Larsen added that Ripple wallet are secure and have never been compromised.

01/31/2024

AXA and BOXX Insurance introduce advanced cyber protection for SMEs

This initiative underscores a mutual recognition of the critical importance of robust cyber protection for the sustenance and growth of small businesses.

01/31/2024

From cyber scams to hiring struggles: the future of Swiss private banking

Bosses from Mirabaud, Rothschild & Co and Oddo BHF Switzerland tackle the challenges which their industry is facing going forward.

01/29/2024

UK Government Unveils New Cyber Threat Guidelines as 32% of Firms Suffer Attacks in Past Year

Within this, the UK government has recommended that directors set out clear roles and responsibilities across their organisations, boosting protections for customers and safeguarding their ability to operate safely and securely.

01/26/2024

Swedish central bank files police report after IT firm hit by ransomware attack

The attack, which has affected a host of Tietoevry clients, was carried out by the Akira ransomware gang.

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