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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

09/19/2023

AI could help healthcare providers boost cyber defences

IBM’s recent study into the cost of data breaches has highlighted the increasing cost for organisations that suffer a data breach in the healthcare sector.

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