Managers of Wealth Fintech

Who will bear the cost of cybercrimes? Banks soon to issue rules

It would be similar to the guidelines issued by the Monetary Authority of Singapore in 2020

Jersey’s public and private sectors work together to combat cyber risk

This will help local organisations to prepare for a cyber incident, and enable them to test their cyber incident response capabilities effectively.

Hackers Target Phones of Small Crypto Investors

As that goes on, law enforcement is trying to foster team-ups to address the wider pool of potential victims.

IRS Criminal Investigation releases annual report highlighting 2,500+ investigations, law enforcement partnerships

Enforcement actions focused on tax and COVID-related fraud, money laundering, cybercrimes

One Of The World's Largest Investment Management Firms Signs Major Contract With Darktrace

This latest customer win follows hot on the heels of a multi-million-dollar upsell with another major US investment management company.

Ex-Japan PM Abe calls for Tokyo's cooperation with AUKUS in AI, cyber

Quad leaders in September held their first in-person summit, which presented a united front amid shared concerns about China.

Banks ordered to promptly flag cybersecurity incidents under new rule

Banks also must notify customers as soon as possible of a cybersecurity incident if it results in problems lasting more than four hours.

China proposes further clarifications to its data security and management regime: businesses to take note

Public consultation and, for large platforms, regulatory approvals, are required to implement certain rules and policies, which could significantly slow the ability of platforms to adjust data practices to new competitive and regulatory developments.

Home Affairs launches new principles for critical technology supply chain security

The federal government's Critical Technology Supply Chain Principles are designed to sit alongside laws that are currently under consideration in Parliament.

Cyber Security Breaches Are Greatest Staff-Related Risk

Employers surveyed also revealed that over three-quarters of businesses had "significantly" or "moderately" changed their employment policies as a result of the impact of Covid-19.

31.5 Million Cyberthreats Targeted SA Users in the First Half of 2021

The advanced grouping is significantly more sophisticated and feature increased investment from attack groups.

Small banks facing greater cyber risks urge Congress to act

Smaller banks lack robust resources and are dependent on third-party security providers

UBS Plans Israel-Based Cyber Center

The Israeli army maintains its own cyber specialists, which has helped the country to become a world-leading hub in the domaine.

Scope of cyber risk highlighted in ENISA report

ENISA also reported an increase in the number of cyber criminals using artificial intelligence (AI) tools to spread disinformation “to reduce the overall perception of trust” and thereby undermine cybersecurity efforts.

Cybersecurity safeguards introduced for wireless devices sold in Europe

The commission said the cybersecurity of these exempt devices was already guaranteed by existing pieces of EU legislation.

Cyber Security – What do pension scheme trustees need to know?

Indeed, 2020 was the busiest year on record for cyber attacks against UK business, with hackers taking advantage of factors like the pandemic and remote working.

Cybersecurity depends on simple, accessible processes

Human error may have contributed to the many hundreds of other data breaches the ICO has published details about, such as those linked to malware or ransomware attacks or individuals gaining unauthorised access to data.

Local law firms urged to be vigilant following increase in malicious phishing emails

In many cases they are not stopped by standard email security defences.

25% Of Consumers Cite Data Security As Top Concern For Not Using Digital-Only Banks

Twenty-five percent cite their concerns about data security as a reason not to use a digital-only banking service.

BIS Announces New Export Controls on Cybersecurity Items Used for Malicious Cyber Activity

This long-anticipated rule codifies several years of negotiations surrounding controls on “intrusion software” codified in the multilateral Wassenaar Arrangement