09/18/2019
Chubb Survey Finds Disconnect Between U.S. Consumers' Awareness and Actions Toward Cybersecurity
Despite a never-ending cycle of cyber breach headlines, individuals continue to be underprepared for even the most common cyber exposures
Cyber Security
09/17/2019
Cybersecurity top tech investment priority for UK banks
In 2019, cybersecurity moves to top of the tech agenda and with greater prominence, with 70% now prioritising it.
09/10/2019
Cybersecurity for Private Clients Expert Brad Deflin to Present at Total Wealth Symposium in Amelia Island.
Private investors and affluent families are top targets for cybercriminals and online scams. Brad Deflin presents on what is happening and how to protect.
09/10/2019
Bermuda can lead on cyber insurance, says John Huff, head of ABIR
“One thing is certain: it will require flexibility and adaptation.”
09/09/2019
Size of the Kingdom's cybersecurity market is projected to swell to $3 billion this year
Saudi Arabia’s cybersecurity market alone is expected to grow to $5.5 billion by 2023, as the Kingdom upgrades its information-technology infrastructure to combat increasingly frequent cyberattacks.
09/09/2019
The startups that hack your devices, WeWon't, and Goldman Sachs ruffles feathers
These companies often describe their wares as "lawful interception" or "intelligence" tools, though this hardly tells the full story.
09/09/2019
Cybersecurity and resilience in national security
Jakarta has also played an active role in cyber diplomacy through bilateral and multilateral channels, such as ASEAN and the United Nations Groups of Governmental Experts.
09/05/2019
Why biometric technology will be Key to Digital Transformation for South Africa Banks
In the face of this challenge, many banks are being forced to rethink their security procedures – while also balancing increasing consumer demand for a mobile and friction-free banking experience.
09/04/2019
UAE cyber experts unite to warn against unprecedented criminal threat
Scammers are growing increasingly sophisticated as their targets struggle to keep up with sinister technology
09/03/2019
Israeli Cybersecurity Startup Raises $20M
CEO Dean Sysman said the funds will help the company “drive customer acquisition and expedite product development,” according to Venture Beat.
09/03/2019
Emirates NBD's Smart Pass locks out users without smart devices
The security measure replacing OTP texts for online transactions prevents SIM swap fraud, but requires a smartphone or tablet
08/30/2019
Google finds evidence hackers have placed ‘monitoring implants’ in iPhones
The operating systems which were targeted in the hack range from iOS 10 to iOS 12, this enables the user’s Gmail, WhatsApp and Instagram apps and GPS location data to be hacked.
08/23/2019
Phishing attack on customers of the Smartphone Bank Revolut – view
A Swiss customer of the Digital-to-Bank was stolen within minutes, the enormous sum of 30’000 Swiss francs.
08/22/2019
Complacency over cybersecurity could lead to serious pension losses - SPB
“In terms of cyber, not many schemes, in our experience, have reviewed their contracts to examine whether the coverage for cyber risk is addressed at all, or if there is adequate coverage.”
08/21/2019
North Korean cyberattacks on South Africa – Banks respond
South Korea, India, Bangladesh, and Chile each suffered multiple attacks by North Korea.
08/21/2019
Guernsey’s West Sealand Digital announce partnership with US anti-phishing specialist
We’re excited to partner with West Sealand Digital to offer our next generation of phishing protection to their clients and partners,” states Lisa Ackerson, Vice President Marketing at INKY.
08/21/2019
Technology to help curb fraud in banks
The annual forum—19th East African Banking School—which seeks to address emerging challenges and opportunities for fintech was organised by bankers of Kenya, Tanzania and Uganda.
08/21/2019
US National Cyber Risk Score Remains Stable, Though Improvements Still Needed
Creating opportunities for improved knowledge and richer discourse is an important objective of the U.S. Chamber’s cybersecurity initiatives.
08/19/2019
Bank Hapoalim Opts for Wolters Kluwer's OneSumX Software for Measuring Counterparty Credit Risk (SA-CCR)
OneSumX Credit Risk calculates credit valuation adjustment (CVA), debt valuation adjustment (DVA) and funding valuation adjustment (FVA), enabling exploration of the correlation between credit, market and behavioral risk in an integrated approach.
08/16/2019
European Central Bank hit with data breach
The bank was also keen to stress that “neither ECB internal systems nor market-sensitive data were affected” by the breach, as the BIRD website is hosted externally and separately from the ECB’s main systems.