Managers of Wealth Fintech

6 arrested for hacking software of universal bank to steal ¢46 million

The cyber hackers allegedly logged into the banking software of the bank remotely and used the login credentials of some members of staff of the bank

Stay vigilant against these 5 data security risks

Even with the pandemic still going strong, finance needs to remember good data hygiene to prevent expensive breaches.

Banks' cyber risks rise as Covid spurs digital trends: Moody's

Cyber-attacks are mostly financially motivated and seek easily monetised data stored by the victim organisations.

Over 100,000 cyber-attacks foiled in UAE last month, says TRA report

In terms of raising awareness and building capabilities, the report indicated that 2,085 awareness sessions and 105 training courses were held in June.

How fintech in finance has developed during lockdown, and what’s in store for the future By Saka Nuru, Intuit Quickbooks

A recent survey from Encompass Corporation even revealed that as many as four in 10 businesses were actually planning to scrap their banking provider due to slow services during Covid-19.

How will cybersecurity help your business comply with the POPI Act?

But for businesses this is a completely different story, dealing with people’s sensitive information requires a company to have proper security measures in place to protect that data

Corporate cyber attacks in East Africa on the rise

Current attacks within East Africa are being linked to hackers employing smarter methods to distribute their server networks and occasionally purchasing command and control systems in other countries, with traffic being routed through myriad systems makin

The “mobius strip” of cyber security

Awareness of digital threats is rapidly accelerating among businesses, but many aren’t prepared to tackle the mounting threats they now face.

Guernsey data protection authority announces extension to exemption registration

The ODPA has explained that the extensions have been granted due to the fact that it has taken longer than expected for the States of Guernsey and the ODPA to reach agreement on the method of funding the ODPA .

Hacker made big money selling access to dozens of corporate networks

In October last year, security firm Recorded Future provided us the first comprehensive peek into Fxmsp's activities.

DFSA publishes Cyber Thematic Review Report

The Review found that a significant number of firms had either not implemented a comprehensive cyber risk management framework or performed only a limited cyber risk assessment.

Cybercrooks on the prowl

Many bank customers continue to lose cash to cyber crooks who seemed to have turned to mobile phones to perpetrate their nefarious trade, reports LUCAS AJANAKU.

Biometric identification: a coveted African market

According to a World Bank estimate, the continent alone accounts for half of the 1.1 billion people in the world unable to prove their identity, making it a major potential market for companies in the sector.

Hackers Strike At Govt System: Russians And Bulgarians Behind Cyber Raid On Key Banking And Personal Data

The Registrar General's Department is the hub around which much of corporate Bahamas and, in particular, the financial services industry functions.

Need to focus on cybersecurity, adopt AI to protect vital sectors: DFF

Cybercriminals are exploiting digital infrastructure healthcare professionals use to treat COVID-19 patients, confident that organisations will have no choice but to pay to re-enter their systems.

Millions of Brits fall victim to scams during outbreak

As a fifth of the UK population say they have been approached by fraudsters

Komainu Emerges to Address Financial and Security Challenges for Digital Asset Institutional Investors

Secure and compliant digital asset custodian for institutions debuts, announces executive team

China Cybersecurity and Data Protection: China’s Civil Code lays foundation for data protection

For the first time, the Civil Code enshrines the right to privacy and the principles of personal information protection.

From Coronavirus to Cybersecurity: The Wisdoms of Dealing with Pandemics

If you look closely, the overarching strategy for dealing with COVID-19 has revolved around four quadrants: prevention, detection, response, and prediction.

Nigerian CWG partners with Indian Clari5 to help African banks combat frauds

Through this strategic partnership, CWG and Indian banking technology solution provider Clari5 will provide solutions to African banks to counter enterprise-wide fraud and money laundering risk.

Cyber Security