Managers of Wealth Fintech

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.

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.

Bermuda can lead on cyber insurance, says John Huff, head of ABIR

“One thing is certain: it will require flexibility and adaptation.”

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.

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.

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.

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.

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

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.

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

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.

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.

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.”

North Korean cyberattacks on South Africa – Banks respond

South Korea, India, Bangladesh, and Chile each suffered multiple attacks by North Korea.

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.

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.

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.

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.

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.

Cybersecurity: Staying one step ahead

Stephan Berner, CEO at Help AG, sheds light on how financial institutions should approach their cybersecurity strategies

Cyber Security