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Cyber Security

07/29/2024

Cyber reporting requirements for Bermuda insurers, insurance managers and insurance intermediaries following the CrowdStrike faulty software update

The initial report should provide a brief overview of the incident, including the nature and extent of the breach.

07/29/2024

ECB cyber security test reveals 'room for improvement'

This meant that the focus was on how banks would respond to and recover from a cyberattack, rather than on how they would prevent it.

07/26/2024

Spring data breaches affect 14,019 people

The latest personal data breach statistics have been published with the ODPA offering advice on "what can be learned from them".

07/25/2024

Cybersecurity is “major threat” for financial services firms, according to new Mayer Brown study

The Next Organization, a global survey of 197 leaders from the financial services sector, identifies cybersecurity as a key factor in building an organization fit for the future.

07/25/2024

ACDT warns Ghanaian banks of cyberattack risks amid global IT failure

The malicious package advises banks to install it to avoid connectivity issues with their internal network.

07/25/2024

Warning after spike in cyber-attacks

Organisations were advised to adopt a layered approach to security to reduce the risk of attacks.

07/23/2024

Linx Security secures $33m to enhance identity security and governance

Linx Security is dedicated to revolutionizing how organizations handle identity security

07/23/2024

CrowdStrike stock falls another 13% on Monday, days after global IT outage

“We are likely to experience similar incidents,” said Binance CSO Jimmy Su in the wake of the global computer outage.

07/22/2024

BBVA opens global cybersecurity centre in Mexico

The two hubs in the Americas and Spain will be staffed by around 200 Telefónica Tech cybersecurity professionals

07/19/2024

Three technologies banks will invest more in this year

Consumers also stand to benefit from the extra technology spend on compliance-related technologies.

07/16/2024

Relm partners with cybersecurity provider

It said the CyVers platform was built to address complex security challenges such as scams, fraud and compliance threats unique to Web3.

07/11/2024

ANZ and Westpac are two New Zealand banks that get to know their customers better with behavioural biometrics to stop scams

Other information that is collected includes customers’ device models, and the operating system on them, along with their Internet Protocol (IP) address.

07/10/2024

Five ways banks can mitigate a catastrophic cybersecurity event

This is at least partly due to the pandemic, which spurred a rapid transition to remote work and accelerated the move towards digital transformation.

07/08/2024

TrustID and IDVerse forge partnership to enhance digital identity security

Through this partnership, TrustID will incorporate IDVerse’s technology to improve the security features of its services

07/08/2024

NatWest takes digital ID to the Nordics

NatWest first introduced OneID to streamline its Customer Attribute Sharing service for business in the UK last year.

07/05/2024

Jersey Cyber Security Centre launches new website to help Islanders protect against cyber security threats

JCSC was originally named CERT.JE: the organisation name was changed to reflect the organisation’s role in preventing – as well as responding to – cyber attacks.

07/05/2024

Jersey Cyber Security Centre launches new website to help Islanders protect against cyber security threats

JCSC was originally named CERT.JE: the organisation name was changed to reflect the organisation’s role in preventing – as well as responding to – cyber attacks.

07/05/2024

Cyberattacks to increase as technology aids criminals

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

07/03/2024

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.

07/02/2024

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

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