Tag Archives: Cybersecurity

Large-scale cyberattacks on critical financial infrastructure are a major threat to the safety and stability of the global economy. Recently, a panel discussion at DTCC’s 2018 FinTech Symposium brought together …

The London Office for Rapid Cybersecurity Advancement (LORCA) has opened in East London. The center, which will be run by the technology innovation center Plexal, was opened with the intentions …

Darktrace, a cybersecurity company that provides a network “immune system” powered by artificial intelligence, has hit a value of USD 1.25 billion following a recent round of financing. The company …

From facial recognition and iris scans to cryptocurrencies, the Gulf Cooperation Council (GCC)’s cybersecurity market has already reached USD 8 billion this year, and is expected to increase even more …

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, …

The interaction of technologies (i.e. the “internet of things”) is already actively happening, and the results look very interesting. Even in the case of people’s everyday lives, the prospects are …

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 …

Check out how cybersecurity startup Darktrace is using artificial intelligence to fight cybercriminals that attack corporations. BFC FinTech Monitor (October 2023) FinTech’s impact on cyber response and recovery Infographic: the …

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 …

Smart leaders know that their entire team needs to be well-educated on the importance and best practices of cybersecurity if they hope to protect their data. Here are 10 tips …

Demand for cybersecurity has grown into a USD 96 billion industry, and cybercrime costs have risen to an estimated USD 600 billion annually. One new innovative solution to combat cybercriminals …

Most security incidents that lead to confidential data being compromised are the result of companies failing to evolve their security programs to match new technologies.  Following these five principles will …

Cybersecurity is becoming more and more vital to how we live. Here are six up-and-coming cybersecurity tools to keep an eye on in 2019: SafeBlocks – SafeBlocks offers real-time protection …

The outside-in mindset (where cyber threats are treated as external influencers) leaves financial institutions in a reactive mode and needs to change. The inside-out approach (where cybersecurity is aligned to …

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 …

Researchers have found that companies take an average of 30 days to close known vulnerabilities and that many others delay the installation of updates for several months. This is alarming …

Follow the story of Tim as he deals with the aftermath of posting a seemingly innocuous piece of digital information online. Video: 4 predictions for FinTech in 2019 Video: how …

Phishing is a massive global issue that more than 12 million internet users fall victim to each year. Typically, cybercriminals trick users into visiting a fraudulent website where they then …