Managers of Wealth Fintech

Euro Cyber Resilience Board for pan-European Financial Infrastructures

The cyber threat facing the financial sector continues to be a challenge.

Banks embark on hiring spree in fight against dirty money

The Singapore Police Force (SPF) has warned the public about phishing schemes that pretended to be banks through disguising websites or scams made through text messages that were purportedly from DBS or OCBC.

Cyber-resilience: range of practices report issued by the Basel Committee

The current challenges and initiatives to enhance cyber-resilience are summarised in 10 key findings and illustrated by case studies which focus on concrete developments in the jurisdictions covered.

MAS Launches Cybersecurity Capabilities Grant

The Cybersecurity Capabilities Grant will support financial institutions in advancing their cybersecurity technology and manpower needs.

Qatar has strong infrastructure for information security in the financial sector, say experts

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.

Canadian banks look to in-house hackers to improve and test cybersecurity

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.

The Big Cybersecurity Question When It Comes To SA’s Digital Banks

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.

Banks Need Hi-Tech Software to Mitigate Explosion in Fraud

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

FSB publishes Cyber Lexicon

The lexicon will be delivered to the G20 Leaders’ Summit in Buenos Aires later this month.

Why Family Offices Need To Prioritize Cyber-Security

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.

GUERNSEY: Cyber and Information Security

The Commission has also decided to undertake a thematic review of cyber security across supervised firms.

Newsflash: Canadian Bitcoin Exchange ‘Hacked,’ Says All Funds are Gone

They went so far as to near-nakedly manipulate the Bitcoin price in an attempt to recoup lost customer funds before anyone found out.

CySEC Warning List Helps to Put Fraudsters Out of Action

75 percent of the sites on the regulator's non-approved domain list have shut down

9.4 million clients affected in massive Cathy Pacific hack

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.

Africa losses $3.5b to cyber attacks – World Bank

These risks had always been present and cyber security experts have warned about these risks for several years

Generali launches cyber security subsidiary

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.

Common Reporting Standard and Internet of things may Increase Cyber risk to Family Offices

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.

Spam Crusader Or Vigilante Victim - What Happens If You Are Blacklisted Unfairly?

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?

Cyber-security overtakes AI as top investment priority for law firms

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.

MAS’ Cyber Security Advisory Panel Proposes Ways to Enhance Financial Sector Cyber Resilience

CSAP members shared their views on the growing adoption of new technologies, emerging user authentication methods for online financial services