Various regulations worldwide (e.g. the General Data Protection Regulation (GDPR), the U.S. Foreign Account Tax Compliance Act (FATCA), the Payment Service Directive (PSD2) and anti-money laundering (AML) measures) have supported …

More than 30 technology companies, including Facebook and Microsoft, are planning to announce their refusal to take part in possible cyberattacks organized by any government. This includes attacks against citizens, …

With the global cybersecurity battle growing increasingly sophisticated and merchants’ demand for personalized customer data rising, Walmart and other corporate giants have decided to invest in Team8, a cybersecurity think …

Just how well-equipped are businesses at recognizing their customers’ identities online? What types of investments are they making in customer recognition? And to what degree are they able to accurately …

NetGuardians, a Swiss cybersecurity specialist, is bringing its fraud fighting solutions to Zimbabwe’s Steward Bank (formerly TN Bank). Steward Bank will integrate NetGuardians’ platform with its core banking system, meaning …

Europol has announced the arrest of 95 professional fraudsters and members of internet-based criminal networks suspected of online fraud activities as part of its 2018 e-Commerce Action. The suspects arrested …

PrivatBank has launched a new system that allows users to securely change their PIN codes online, a measure that will help protect customers from card-related fraud. The system will also …

Partnerships between financial institutions and FinTechs must go beyond the customer value proposition and provide embedded cybersecurity at all stages of the customer journey. Open APIs present an incredible opportunity …

Financial institutions take many measures to eliminate vulnerabilities, but the fact is everything can be hacked. Last year, for example, more than 70 million cyber-attacks were committed on financial objects …

The Global Cyber Alliance (GCA), a cybersecurity nonprofit, has announced that only 11 of the top 50 U.S. financial institutions and 9 of the top 50 European financial institutions are …

Sberbank has determined that countries in the Asia-Pacific region and the Americas are the most common locations where Russian consumers are falling prey to fraudsters using tactics to get their …

Ben Ferguson travels to Tel Aviv to find out how Israel has become one of the world’s premier cyber superpowers. Robinhood’s epic failure launching a new checking/savings product Asian financial …

Southeast Asian nations have agreed to adopt cybersecurity rules following major data breaches in the region. Ministers in the 10-member Association of Southeast Asian Nations have agreed to 11 voluntary, …

The government of Germany has formed a cybersecurity innovation agency. The agency, set to begin work in early 2019, will be tasked with researching highly-innovative security projects as well as …

Russia’s Federal Security Service has created the National Computer Incident Coordination Center to combat cyber threats against the country, especially its “critical infrastructure”. The Center will charge with: detecting, preventing and …

The digital economy is lucrative yet highly-vulnerable, with cybercriminals relentlessly hunting for vulnerabilities and security gaps. This has led to a flurry of recent data breach incidents giving rise to …

As part of a technological due diligence by Amazon when evaluating a potential acquisition, it was found that many motherboards assembled by Super Micro Computer Inc. (SuperMicro) for Elemental Technologies …

The fusion of technology and the financial world is no longer limited to improving banking experiences as many new FinTech startups are using technology to create a brighter future in …

The Immigration Service of Finland has begun providing refugees with prepaid Mastercards rather than cash, allowing refugees to enter the blockchain-based system of unique digital identification information. This serves to …

The Russian economy is moving into a new period of low interest rates, with mortgage rates dropping below 10% and expected to reach below 8% by 2024. Such low interest …