10/20/2020
Working From Home Sees Spike in Cyber-Scams
Data from the Australian Cyber Security Centre (ACSC) found cyberattacks on Australian businesses are costing the economy $29 billion a year.
Cyber Security
10/20/2020
8 types of fraud to watch out for in the UAE
Fraudsters implement social engineering tactics to separate you from your money
10/20/2020
Five information security rules for the new world by Andrew Todd, IRESS
People are still the primary risk to data loss or an information security breach, so keep up the training and education particularly around fraud and social engineering, and reinforce the care required around unknown emails, fake emails or websites.
10/18/2020
EU data protection enforcement highlights cyber focus
Cases concerning personal data breaches made up 77% of that total amount.
10/14/2020
How Covid-19 has increased the pressure on banks to combat cyber frauds?
Adoption of e-commerce and digital financial services has seen accelerated growth in the country but the concurrent rise in cyber frauds necessitate multi-level awareness.
10/13/2020
BoG scales up efforts to protect banks from cyber attack
“Enhancing capacity to understand, identify and mitigate cyber risks on the part of operators, regulators, security agencies, and the entire national eco-system."
10/13/2020
Challenger bank accessing latest anti-money laundering technology through fintech
Challenger banks works with fintech to support its anti-money laundering efforts
10/09/2020
Demand for Risk and Compliance Outsourcing Jumps Over 25% in the Age of COVID-1
The COVID-19 pandemic has forced financial services firms to abruptly change the way they work now – and in the future.
10/07/2020
Banks fighting cyber fraud with strict measures – Bankers’ chief
Also, in recent times, the various forms of advanced technologies adopted by financial institutions have made the banking sector more susceptible to various risks such as phishing, identity theft, card skimming, fishing, email fraud and more sophisticated
10/07/2020
EU Seeks Authority to Cut Off Banks’ Tech Suppliers if Found Wanting on Cybersecurity
Proposed legislation would stop banks and financial firms from using IT services that present risks, and would standardize cyber regulation across Europe
10/07/2020
Managing Vendor Cybersecurity Risk in IoT Contracting
The expansion of connectivity presents growing security risks and challenges for companies across a wide range of business sectors.
10/07/2020
BMA publishes cyber code of conduct for insurance
The Bermuda Monetary Authority has published the Insurance Sector Operational Cyber Risk Management Code of Conduct to establish duties, requirements, standards, procedures, and principles for insurers and intermediaries operating in the cyber market.
10/07/2020
Capitec warns against new fraudsters scamming clients
In June the South African Banking Risk Information Centre (Sabric), on behalf of the banking industry, released its annual crime statistics for 2019, which showed that credit and debit card fraud had increased by 20.5 percent due to online transactions be
10/06/2020
How to Make Cybersecurity Awareness Month Work for Your Organization
Too often, NCSAM is wrought with mandatory awareness training that employees ignore, or tweeting tips to customers.
10/06/2020
Fidelity National Information Services : Banking's digital footprint expansion creates new opportunities for fraudulent attacks
Banking's digital footprint expansion creates new opportunities for fraudster attacks
10/06/2020
HMRC bombarded by 5,000 malicious email attacks every day
Security specialist Andy Heather, VP, Centrify comments: “Hackers see HMRC as a goldmine of personal and company data, so it’s no surprise that they are bombarding the organisation with an array of phishing, malware and spam attacks on a daily
10/06/2020
To protect African minigrids, Schneider will invest in cybersecurity
Increased investment in cyber-security is key to Schneider’s strategy of targeting minigrid operators in Africa, Amel Chadli, vice-president of development and strategy for the Middle East and Africa, tells The Africa Report.
10/04/2020
Cybercriminals are targeting Asia-Pacific banks and businesses as coronavirus disrupts daily life
More than half of businesses surveyed in Asia said they experienced at least one major security scare since shifting to work from home this year, according to a September 22 report by Barracuda.
10/01/2020
FCA calls for tougher measures to tackle online scam ads
It is clear there is now mounting pressure on the government to take steps to tackle the promotion of scams through search engines and social media platforms.
10/01/2020
Mauritius chosen as ITU Centre of Excellence in Cybersecurity
The launching was followed by the first online training on Cybersecurity Risk Management, free of charge, for some 128 participants from 59 countries, including Mauritius.