BFC Bulletins Monthly News Digest

No one is surprised by contextual advertising after they search for something on Google. But have you ever noticed it after just talking to a friend in a casual conversation? …

There is an arms race developing between cyber criminals on the one side and cryptocurrency exchanges and regulators on the other side. In recent years, there has been a tripling …

Kaspersky Lab has completed a study that shows that Kyrgyzstan ranks in the top 5 in the world for cryptocurrency attacks. According to the study, hackers stole more than USD …

One of the most common cyber threats in Uzbekistan is hidden mining. Although there are still threats associated with the more traditional unknown downloading and installation of a mining program …

Azerbaijan has announced the replacement of cryptographic keys that serve as protection for domain name systems (DNS). Cryptographic keys, first introduced in 2010, are responsible for the security and integrity …

Last year, at least five major cryptocurrency exchanges were hacked, resulting in the loss of hundreds of millions of USD. The fault for such hacks resides on two fronts: the …

Financial institutions have become the epicenter of cyber-attacks, with a successful attack on one rippling through the highly-interconnected financial system. With the rate, pace and sophistication of cyber-attacks continuing to …

The financial services industry has been hit hard with data breaches in recent years, underscoring the need for financial institutions to step up security measures to protect both themselves and …

With technology becoming of greater importance to daily life around the world, the threat of cyber-attacks has become a real issue for many companies, both small and large. This is …

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 …

Evgeni Pitolin, managing director of Kaspersky Lab in Central Asia and Mongolia, has stated that the number of cyber-attacks on Kazakh banks has increased in 2018, becoming even more complex …

Ben Ferguson travels to Tel Aviv to find out how Israel has become one of the world’s premier cyber superpowers. Asian financial market benefits greatly from IoT Balancing data privacy …

Biometric data is being harnessed the world over as a way of identifying us and protecting us from the fraudulent use of our personal information. And governments around the globe …

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 Azerbaijan has announced the development of a national cybersecurity strategy. The strategy, an initiative of the Ministry of Transport, Communications and High Technologies, envisages setting up a …

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 …