Managers of Wealth Fintech

Afterpay reduces fraud risk with Cloudera

As Australia’s leading BNPL provider, the ability to ingest data from millions of transactions to identify duplicates and anomalies across its expansive customer base is critical.

Virgin Money and TSB scolded over online security risks

They also lost points for allowing access to accounts from multiple web browsers or IP addresses at the same time, without flagging this as a potential cyber attack, and for sending customers notifications that include a phone number or web link.

Commonwealth Bank adds anti-scam features to app

The bank also released new research indicating Australians are more concerned about scams than four months ago and one in four believe scammers contact them at least six times a week.

Bermuda Cyber Risk Code Compliance Deadline

Each Relevant Legal Institution is also required to appoint a Chief Information Security Officer to oversee and implement its cyber risk programme and enforce the cyber risk policies.

Attractive valuations for fast-growing tech 'utility'

Cybersecurity spending to hit $172bn

Regulatory reform will shape 2023 cyber risk landscape

In 2023, organisations should continue to evaluate their readiness to deal with cyber issues. Consideration of cyber risk in the supply chain should form part of that.

National Centre for Cyber Security Guidance for Small Charities

There are other resources available as well: an e-learning package on cyber security for small charities, that is free to use.

More than 1,000 suspicious emails reported to Office of Cyber-Security

Between November and December, there were 84 reported 'cyber concerns'.

The Growing Threat of Cybercrime as a Service to Asia’s Financial Institutions

The central bank has its baseline requirements for security controls and oversights stipulated in the Risk Management in Technology Policy

Abacus Group buys cybersecurity consulting companies

The deal will see Gotham Security supercharge Abacus Group’s existing services portfolio with a wide breadth of cybersecurity consulting expertise.

NIS2 cybersecurity directive expands obligations in EU tech sector

The European Commission is obliged to adopt certain implementing acts to supplement the provisions in NIS2.

Banking CROs face ‘torrent of interwoven complexities’

In the short term, three out of four CROs identified cybersecurity risk as their top concern over the next 12 months (72%), edging out credit risk (59%).

Decentralized cyber security – an advanced approach

In order to distribute security responsibilities and safeguard data everywhere while keeping a high level of technological flexibility, decentralized security is being used in companies of all shapes and sizes.

Cybersecurity and data are key disputes concerns in 2023 says new survey from Baker McKenzie

45% of respondents see the economic cycle as posing the greatest threat to their organization in terms of increased exposure to disputes, whilst 38% saw stock market volatility as a key driver.

Divilo selects ThetaRay to monitor criminal payments

Through the agreement, ThetaRay will provide Divilo its SONAR solution, a SaaS-based AML transaction monitoring and sanctions list screening platform, for domestic and cross-border payments.

BBVA strengthens its fraud prevention capabilities

In 2019, the bank established a new fraud prevention vision, focused on customer protection as the top priority and holistic management of fraud in all its forms.

CaixaBank forges international consortium for cybersecurity research

For the three-year project, Caixabank will act as a test bed for new solutions that arise from the R&D effort.

Top 10 most common passwords to leave behind in 2022 (the worst)

Among the interesting facts found was that current events affected passwords last year.

Zurich CEO Mario Greco: «Cyber attacks will become uninsurable»

Insurance executives have raised concerns about this expanding risk as recent attacks had seen hospitals disrupted, pipelines shut and government departments targeted.

Godfather Android Trojan targets hundreds of banking and crypto apps

As of October, 215 banks, 94 crypto wallet providers, and 110 crypto exchange platforms - in countries including the US, UK, Canada and Turkey - had been targeted by Godfather.