Managers of Wealth Fintech

MoneyGram says hackers stole customer data

Customers are advised to "remain vigilant" while some are being offered identity monitoring services for two years at no cost.

Passkeys Replace Passwords as Banks Seek Better Authentication Options

This setup is especially useful for individuals with multiple devices

Hong Kong Government considers changes to proposed critical infrastructure cybersecurity law

The Security Bureau received 53 written submissions, and the report states that the majority of these were in favor of the proposed legislation.

Meta and UK banks forge partnership to tackle online scams

More insights include the broader impact and reception of this partnership.

White paper: Cyberattacks in the financial services industry

“Banks are trying to help their customers, but they’re not set up to carry out the research, innovation and work needed to stay on top of the latest threats.”

The convenience of digital banking with the assurance of security

Cyber crime is quite commonplace in India.

Cyber scams fuel distrust in digital payments, Chubb report finds

The survey also found that nearly half (46%) of those surveyed wrongly assume that their digital payments are fully protected, exposing a critical gap in consumer understanding of cybersecurity risks.

Ireland to grant National Cyber Security Centre emergency powers

Proposed legislation is set to give Ireland's cybersecurity agency the power to monitor all of the country's internet traffic when there is a "pressing national security threat".

Beazley's PoleStar Re lists $210m cyber cat bond

The issue follows previous 2024 issuances of $160 million and $140 million for a total of $510 million.

Complying with the Data Protection (Jersey) law when using CCTV in business or private settings

CCTV must be proportionate to its intended purpose, avoiding unnecessary or intrusive surveillance, particularly in areas such as toilets or changing rooms.

CBN eyes N50bn from cybercrime levy

The data from the Nigeria Inter-Bank Settlement System reveals that electronic payments reached a combined total of N987tn between 2022 and 2023.

Cyber Security Awareness Month aims to make Jersey more cyber secure

In 2024, Cyber Security Awareness Month will also coincide with the 10th year of the Channel Islands Cyber Security Conference.

A proper cyber solution

Regardless of who manages a company’s security, an insurer still has the problem of having very little historical information from which to assess and price risk.

“Reinventing the resilience of companies to cyberattacks”

Our goal is to make our solution a secure cloud storage standard.

Cybersecurity emerges as key driver of FinTech growth worldwide

Middle-income countries show a more nuanced relationship, with FinTech volumes correlating with nominal GDP (0.5373)

Enhancing third-party risk management in banking

Some key third-party risks in banking, include but are not limited to operational, cybersecurity, compliance and legal risks.

Bermuda cyber insurance GWP jumps 64%

Incurred losses on the other hand remained stable at $1.2 billion aggregate in 2022, with reinsurance policies contributing nearly 50% of the total.

Cyberfraud Scam: Fraudsters Posing as Wealth Managers on WhatsApp

In the newest version of this scam, criminals are using the popular app WhatsApp to promote trading in ‘pump and dump’ or ‘get rich quick’ schemes in a particular stock position.

Cyber insurance to grow rapidly

CyberCube’s US industry exposure database pegs US stand-alone premium in 2023 at $8 billion.

Fraud in a cyber world

Banks can streamline business and technology architecture to support a better customer experience, improved risk decision-making, and greater cost efficiencies