Managers of Wealth Fintech

Asian Organized Scam Centers Leads Cyber-Enabled Fraud

Southeast Asia’s rapidly growing cyber-enabled fraud landscape is being driven by sophisticated illicit online marketplaces

Why cybercrime is a bigger concern than load shedding in South Africa

ESET’s bi-annual Threat Report, which collected data between June and November 2024, showed that over 40% of ransomware attacks on the continent occurred in South Africa.

DragonForce ransomware behind M&S cyberattack is a global threat: Killara Cyber CEO

It offers a solution for its SME customers with CORE, its proprietary early warning system that predictively warns against malicious intrusions or potential cyberattacks.

Cybercriminals have stolen almost 100 staff logins at the Big Four banks, experts say

The most serious risks arise from the fact that attackers could ultimately use those leaked logins to gain access to the banks' corporate networks, they warned.

Family offices must prepare for cyber security threat

Family offices, which manage substantial wealth for ultra-high net worth investors, are increasingly being targeted by cyber criminals.

Banking passwords stolen from Australians are being traded online by cybercriminals

It comes in the wake of recent attacks on Australian superannuation funds, where hackers stole from pensioners and used leaked passwords to try to gain access to members' accounts.

Jericho Security bags $15m to expand AI-powered cybersecurity solutions

The company plans to use the new capital to recruit cybersecurity talent, enhance its research and development capabilities, and expand its go-to-market strategies.

Cybersecurity Docket names two of Norton Rose Fulbright’s global cybersecurity leaders to its 2025 “Incident Response 50” list

Honorees on this annual list are recognized for advising companies globally on the complicated, high-stakes matters associated with data security incidents, ransomware and cyberattacks.

Singapore Mulls Cybersecurity Certification for Financial Institutions’ Vendors

MAS and CSA are studying the possibility of requiring vendors to obtain these certifications before they can be licensed or bid for government contracts involving access to sensitive data or systems.

Australian companies face new ransomware reporting requirements

The Australian government’s annual cyberthreat report found that there was a 3% increase in ransomware attacks on businesses in 2023-24 when compared to the previous year and new ransomware groups continue to emerge.

'Scammers used fake app to steal from me in person'

About 500 reports of crimes involving fake banking apps have been made to Action Fraud in the past three years.

Cyberthreats in Malta: shared threats must be met with a unified mindset

People, mindset and shared responsibility

Cyberthreats are Causing the Most Tension in Fintechs Across the World Find FIS and Oxford Economics

Other tensions identified by respondents were operational inefficiencies, payment friction, human errors, illiquidity, financial technology skills gaps, and reputational damage.

Cyberthreats, fraud, regulatory complexities and financial inefficiencies cost firms £70m annually

For the banks and fintech firms surveyed, money movement can be particularly vulnerable due to cybersecurity threats, fraud and compliance challenges, which can contribute to rising costs.

Coalition launches Active Cyber Policy with enhanced coverage

The Active Cyber Policy introduces a range of new and enhanced coverage features.

Identity fraud and identity theft

How to help prevent them

Over 11,000 DBS and Bank of China Customers Affected by Ransomware Attack on Vendor

While names and addresses were potentially exposed via vendor Toppan Next Tech, both banks confirmed that sensitive login credentials and account balances were not compromised.

CyberCube tools to boost Maury Donnelly & Parr sales enablement process

Broking Manager assists brokers in clearly communicating cyber risk to their clients.

Hawk raises $56m for AI-powered fraud prevention

AI is in our DNA at Hawk.

Metro Bank launches first AI scam detection tool – results in just minutes

This feature, which is simple and easy to use, will help give customers a route to peace of mind and has the potential to stop scams from taking place.

Cyber Security