Managers of Wealth Fintech

Cyberattacks to increase as technology aids criminals

Mr Benevides said the digitised economy had increased the “attack surface” for cybercriminals.

GovSky unveils revolutionary platform to enhance cybersecurity compliance

The company’s expertise is deeply rooted in its founding team, comprised of seasoned compliance and security experts who are dedicated to reducing the compliance burden on businesses.

Relm joins forces with cybersecurity provider

Relm's insureds can now tap into SideChannel's deep cybersecurity consulting and risk management services, eliminating the need for a full-time employee

AXIS extends partnership with cyber security provider

With effect from July 1, 2024, new standalone cyber business submissions for prospective policyholders with revenue up to $100 million will be directed via wholesale broker partners to Elpha.

Monzo Introduces New Security Controls to Combat Rising Fraud

Phones are now stolen more often than cash and credit cards with the latest UK Finance figures revealing victims lost £136.2million to impersonation scams last year alone.

Jersey cyber security supplier group created

Jersey Cyber Security Centre (JCSC) has formed the Cyber Suppliers Advisory Group, bringing together more than 20 on-Island suppliers.

US sanctions leaders of software firm Kaspersky, bans sale of its antivirus

US says Russian firm poses national security threat

Addition leads $37m Series B investment in cybersecurity firm PQShield

PQShield is at the forefront of the global transition to quantum security

Board members challenged to step up on cyber-risk

Companies cannot rely on Bermuda’s obscurity for protection from cyberthreats.

Cybersecurity considerations 2024: Financial services sector

A central consideration for the FS sector is how to most effectively navigate the current business landscape

Fortinet bolsters cybersecurity prowess with strategic Lacework acquisition

Fortinet’s solutions are integrated into its Fortinet Security Fabric, covering Secure Networking, AI-driven Security Operations, and Unified SASE.

Cyber fraud fusion: an innovative approach to fight online banking fraud

Understanding the dynamic nature of these threats is crucial for safeguarding customer assets and institutional integrity.

CFIT Creates Coalition to Devise Solutions to Defend and Protect from Fraud

Economic crime in the UK is on the rise, with almost £1.2 billion stolen from consumers in 2023.

Revolut adds new in-app verification layer to counteract theft from stolen mobiles

The new feature in the Revolut app, which requires customers to opt-in, can be turned on for Savings.

IProov first to score Fido Alliance certification for face biometrics

The FIDO Alliance is an open industry association whose mission is to reduce the world’s reliance on passwords.

Revolut Introduces Wealth Protection to Thwart Phone Thieves

But these leaves customers at risk if a pickpocket gains access to the device and changes the registered fingerprint or image to their own.

Cybersecurity startup SpyCloud secures $35m to combat account takeovers

SpyCloud intends to use the new funding to continue innovating its automated solutions

Ransomware in the finance sector: Emerging threats

Cybercriminals capitalise on the lack of awareness among targeted users to make their attacks more successful.

Cybersecurity Laws In The UAE

The police investigation pointed to similar cases worldwide, emphasising the urgent need for digital awareness and protection for young people.

ABN Amro discloses data breach following an attack on a third-party provider

ABN AMRO is going to contact the impacted clients and notified the Dutch Data Protection Authority and regulators.