Managers of Wealth Fintech

MAS commits $42m to spur adoption of technology solutions for risk management and regulatory compliance

MAS will commit $42 million for the RegTech grant scheme and enhanced DAG scheme.

Insights from the 2020 Cyber Coordination Groups

These Cyber Coordination Groups (CCGs) have aimed to help firms share knowledge and discuss good practices in protecting themselves from cyber threats.

UK Government announces plans for new cybersecurity legislation to protect consumer smart devices

The legislation is expected to apply to all "relevant economic actors" involved in the transmission of smart devices to UK consumers including manufacturers, importers and distributors.

How Tech Platforms Are Changing Verification and Authentication

Skimping on robust ID verification and authentication isn’t an option.

Cyber-attacks and Data loss top concerns facing Directors & Officers, according to Willis Towers Watson and Clyde & Co

The impact of the Global pandemic is front of mind for Directors and drives movement in the Top 5 D&O risks in the Willis Towers Watson / Clyde & Co, D&O survey

Israeli regtech AML firm ‘considers public listing’ ahead of expected AI boom

London, Tel Aviv and Australian exchanges have approached ThetaRay about listing, which is also interested in the Nasdaq, Gazit reportedly said.

Gallagher Re invests in Bermuda with establishment of dedicated new cyber reinsurance specialism

The dedicated team will be led by specialist cyber broker Seb Plummer

ESAs publish joint Annual Report for 2020

The Joint Committee continued to work also in the areas of securitisation and financial conglomerates.

Should firms be more worried about firmware cyber-attacks?

And the computing giant launched a range of extra-secure Windows 10 computers last year that it says will prevent firmware from being tampered with.

Pandemic brought surge in French cyber attacks, warns Thales CEO

Corporate hackings rise fourfold, driven in part by staff working from home on less secure computers

Three privacy priorities for now to ensure your "niceness" during COVID-19 doesn't turn creepy (or illegal)!

In order to collect, use or disclose sensitive information Australian Privacy Principle (APP) 3 requires that consent be obtained from the individual whose sensitive information it is.

This company was hit by ransomware. Here's what they did next, and why they didn't pay up

"When it hit, we ran to our server room and data centre and started pulling plugs out." How one company was hit by ransomware, but refused to pay up.

Stop! Don’t lose money to online fraudsters

As bank fraud hits record levels, here’s how to spot common scams

Progress Bank and American Riviera Bank Select SEI for Managed IT Services

SEI IT Services’ Network Operations and Cybersecurity Solutions Will Support Banks’ Long-term Business Goals

BoE governor wants UK bill to make Google tackle online scams: Sunday Times

She said the governor had been on the record several times saying the Online Harms Bill should be extended to cover financial services.

Privacy and cybersecurity in 2021

Unprecedented cyberattacks by cybercriminals and foreign state actors highlighted vulnerabilities in both the private and public sectors.

“Put scams in the Online Safety Bill, or leave millions of vulnerable people at risk of financial harm”, warns Martin Lewis charity

This is in part due to the impact of common symptoms of mental health problems — such as low mood, reduced concentration or impulsivity — which can make it harder for people to control online sending or spot potential scams online.

Cyber Security