Managers of Wealth Fintech

What is Your Family Office Doing to Protect Itself From Security Threats?

Cyberattacks on a family office’s systems can lead to the loss of sensitive personal and financial data as well as financial loss.

Cyberattacks are 300 times as likely to hit financial firms than other companies. A sweeping new report finds they’re not prepared.

Most financial institutions are ill-equipped to respond to cyber threats against their systems, a comprehensive report on the state of wealth management recently highlighted.

Velocity Ledger Taps HLC and Helical for Cybersecurity

Velocity Ledger Holdings Limited has engaged HLC Cyber Group to license the Helical information security management suite and provide security consulting services.

Ithmaar Bank rolls out biometric ATM network in Bahrain

The system runs on Eazy Financial Services’ Automated Fingerprint Identification System

UK and Singapore take on cybersecurity

Aside from cybersecurity, Singapore also signed an MOU with the City of London on key areas of financial cooperation, such as facilitating data flows, enhancing cross-border ‘know-your-customer’ processes, developing skills and competencies in

What is Your Family Office Doing to Protect Itself From Security Threats?

Single-family offices—as the name suggests— support one family and generally grow out of a family business while multi-family offices will manage the affairs of various families.

KPMG Named A Leader In Global Cyber Security

“Cyber security remains top of mind for leaders right across the globe and in all sectors, and right here in Bermuda,” said Charles Thresh, Managing Director, Head of Advisory.

ABN Amro takes stake in financial crime outfit Thetaray

Our investment in ThetaRay strengthens the current operational relationship between the bank and ThetaRay.

As the continent digitizes rapidly, Africans need a bill of data rights to protect them online

It’s high time Africans viewed privacy and protection of the data that pertains to us, as critical to our security, success and progress both individually and collectively.

Financial services industry under attack by cyber criminals - expert

It is also required by the Protection of Personal Information Act and there could be fines of up to R10m or imprisonment of up to 10 years for missing some of the required components."

Belfast regtech player Datactics raises £1.2m

“This has been our sweet spot since we were founded, and in which we’ve been investing continuously throughout the six years I have been involved at Datactics.

HMRC customers plagued with 2.6 million phishing and phone scams

The second most popular type of scam was SMS with a total of 150,009 over the last three years.

IT governance benefits beyond ticking boxes

However, what businesses need to take cognisance of is the fact that effective IT governance means reduced risk in a number of areas, which in turn improves continuity and ultimately results in a more successful and profitable business as a whole.

Cyber criminals use ‘banks’ as phishing email scam attacks increase

“The message body is in plain-text, advising recipients that some unusual activity was noticed on their account. Their account has been temporarily locked and a link is provided to re-activate their account,” MailGuard said in a statement.

Can incumbent banks fight off newcomers with digital identity?

Open Banking is supposed to come in and open up this world for the new kids on the block, but could PSD2’s new SCA (Strong Customer Authentication) requirements add a difficult to compete with advantage to the incumbents?

SGX RegCo Eyes Greater Enforcement, Whistleblower Protection

In a speech at the SGX Regulatory Symposium on Friday (31 May), Tan said that a “disclosure-based” regime, where wrongdoing comes to light when disclosed, has led to weaker market discipline in Singapore given a “less litigious” cu

American financial system is ‘not doing enough’ to protect US from banking cyber attacks: Fed Chair

Cyber research funding had a tough go in the Trump budget.

Cybersecurity sector continues to heat up

Milpitas, Calif.-based cybersecurity giant FireEye announced Tuesday that it paid $250 million to acquire McLean-based cybersecurity company Verodin.

Data Protection's Anniversary Gift

The Amendment Regulations came into force on 25 May 2019

Biometrics tech firm ID R&D receives $5.7m funding

The firm’s passive anti-spoofing capabilities are designed to thwart fraudsters who attempt to access accounts using synthesised or recorded voices, or with photos, videos or models of the real user’s face.