11/26/2018
The Central Bank also undertakes an annual assessment of the infrastructure of banks in order to close the gaps that they may have in order to provide the maximum possible protection of information systems.
11/23/2018
Canada's biggest banks are fortifying their defences by hiring their own ethical hackers to test their systems as the frequency and sophistication of cyberthreats increases.
11/23/2018
Closer to home, a certain South African bank fell victim to serious cybercrime in 2016, losing around R300 million in an ATM fraud hit from Japan.
11/19/2018
This summer, for example, the UN estimated that cyber-crime was costing the ten countries in the Association of Southeast Asian Nations (ASEAN) alone between $120 million and $200 million a year – a sum that is taking its toll not just on the bottom
11/13/2018
The lexicon will be delivered to the G20 Leaders’ Summit in Buenos Aires later this month.
11/12/2018
Considering that almost 50% of Ultra High Net Worth family wealth is being managed through Family Offices, it is critical that adequate measures are put in place to defend these firms from the growing threat of increasingly sophisticated cyber-attacks.
11/01/2018
The Commission has also decided to undertake a thematic review of cyber security across supervised firms.
10/29/2018
They went so far as to near-nakedly manipulate the Bitcoin price in an attempt to recoup lost customer funds before anyone found out.
10/26/2018
75 percent of the sites on the regulator's non-approved domain list have shut down
10/25/2018
The Hong Kong-based carrier discovered suspicious activity on its network in March and confirmed the unauthorised access to some personal data in May, it said late on Wednesday.
10/23/2018
These risks had always been present and cyber security experts have warned about these risks for several years
10/10/2018
Generali, as a global insurer, intends to be at the forefront of identifying and mitigating this type of emerging risk, offering innovative and relevant solutions for our customers.
10/09/2018
This information is sent by family offices and stored at financial firms and also communicated and shared with tax authorities—thereby creating additional points for unauthorised access.
10/04/2018
We all know and appreciate that these organisations are helping to reduce spam, but what recourse does a legitimate online organisation have when these companies declare you guilty even though no crime has been committed?
10/03/2018
The frequency and sophistication of attacks is continuing to rise and recent high-profile incidents have only served to underline this, demonstrating the potentially catastrophic impact that a breach can have on a law firm.
10/02/2018
CSAP members shared their views on the growing adoption of new technologies, emerging user authentication methods for online financial services
10/01/2018
The Financial Conduct Authority (FCA) has fined Tesco Personal Finance plc (Tesco Bank) £16,400,000 for failing to exercise due skill, care and diligence in protecting its personal current account holders against a cyber attack. The cyber attack too
09/21/2018
Japanese digital currency exchange has been hacked for two hours
09/19/2018
The Standards are the first set of national standards on personal information protection and are a key step to implementing the personal information protection provisions in the Cyber Security Law.
09/19/2018
The adviser was taking instructions from clients via email, and I don’t think advisers should ever accept instructions via email.