Managers of Wealth Fintech

Hackers Breach Russian Bank and Steal $1 Million Due to Outdated Router

The router had tunnels that allowed the attackers to gain direct access to the bank’s local network

Sextortion: beware the new form of cyber blackmail

Honey traps and blackmail are nothing new, but as technology gets more sophisticated

Banks to be subjected to ‘cyber stress tests’ to see if they could withstand a major hacking attack

It described this period as the “impact tolerance” and said its goal was to mitigate “systemic risk’ to the financial system.

Chubb announces enhanced Cyber incident response capabilities globally

Using the newly-expanded incident response network, managers are assigned based on the location of the incident, meaning Chubb cyber policyholders have access to local expertise around the world, 24 hours a day.

Deloitte and ForgeRock Announce Alliance to Provide Advanced, Global Customer Identity and Access Management Solutions

ForgeRock's customer identity and access management solutions enable organizations to securely identify, protect and respect the preferences of each customer on whatever device, app or service they're using.

Why regulator wants answers from South African insurer Liberty following cyber attack

Insurer Liberty Holdings faced questions from South Africa’s Information Regulator on Monday, a day after the company said it had become the victim of a cyber attack.

Tessian, a tech startup using machine intelligence to transform email security, lands $13m series A from Balderton and Accel

“Banks have enormous amounts of money to spend on email security, so we thought ‘why is this still a problem?’”

FS-ISAC sets up global cyber forum for central banks and regulatory authorities

The initiative was conceptualised by the Monetary Authority of Singapore, which collaborated with FS-ISAC to establish an Asia Pacific Regional Intelligence and Analysis Centre in 2017.

Billions in cryptocurrency wealth wiped out after hack

The exchange did not disclose the value of tokens stolen. The theft was of less well-known cryptocurrencies rather than bitcoin itself.

Leading Companies Join Forces to Identify Cybersecurity Best Practices

Cybersecurity has become a top management priority for companies, which must embrace technological innovation to meet changing market needs.

Cryptocurrency Trading Platform Blockbid Separates from the Pack to Stop Fraudsters and Money Launderers

This reflects an emerging trend that Blockbid is out in front of and companies in many different industries are working to implement quickly.

SGG Group makes another acquisition

The transaction, which is subject to regulatory approval, is expected to be completed by August 2018.

Westpac lost files of hundreds of clients, whistleblowers say

BT Financial Group, the bank’s wealth management arm, reportedly discovered the loss while digitising its records

Cyber crooks claim to hit two big Canadian banks

Bank of Montreal and Canadian Imperial Bank of Commerce (CM.TO) said on Monday that cyber attackers may have stolen the data of nearly 90,000 customers

Tech: Biometric ATM technology comes to South Africa

Remembering your pin will soon be a thing of the past as South African banks lead the change to biometric ATMs.

Asset managers told to face up to rising cyber and engineered crime threat

Combine that with today’s laser-focus on the protection of data, and security is becoming ever more crucial for these organisations.

Turning technology against criminals by Megan Butler

Our hope is that this event will alleviate some of those fears because technology is increasingly essential to combatting financial crime.

The SEC created a fake ICO website to show just how easy it is to scam investors

When users press the “Buy Coins Now” button, they are instead directed to page at another SEC site -- this one with investor education tools and tips.

AdNovum: Partnership with NetGuardians

The sophisticated analyses allow NetGuardians' platform to identify potential fraud already while it is being prepared.

Nomura, Ledger and Global Advisors Partner to Explore Building a Secure Digital Asset Custody Solution

The custody offering will address challenges faced by investors entering the sector.

Cyber Security