Fintech News

APRIL 10, 2024

The Monetary Authority of Singapore (MAS) and Mastercard have signed a Memorandum of Understanding (MoU) to bolster cybersecurity within the financial services sector. The collaboration also extends to competency-building activities aimed at strengthening the sector’s cybersecurity capabilities.

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The Fintech Times

AUGUST 10, 2024

Taishin Bank has partnered with OneDegree Global , a cybersecurity and risk management solutions company, to test and validate its artificial intelligence system, positioning itself as the first in Taiwan’s financial sector to establish a responsible AI framework.

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The Fintech Times

OCTOBER 3, 2024

In the UK, 36 per cent of residents have fallen victim to phishing scams in the last six months alone – leaving digital transformation consultancy Daemon to urge retailers to bolster their cybersecurity efforts. However, the perception of payment security varies significantly by age.

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Bank Automation

OCTOBER 10, 2024

Scotiabank is exploring the use of AI and generative AI to bolster its cybersecurity infrastructure and aims to work with vendors to develop the technology. Google Cloud is in the running to partner on the tech, Louise Dandonneau, vice president of cybersecurity operations, told Bank Automation News. “We

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Fintech News

FEBRUARY 20, 2024

John Yong Yong brings over 40 years of experience in the field of information and communication security, with a career that spans both the public and private sectors. Previously, Yong was the Group Chief Information Security Officer at Certis CISCO from 2016 to 2019, where he was instrumental in advancing their cybersecurity initiatives.

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The Fintech Times

JUNE 3, 2024

Using the world’s largest proprietary risk and threat intelligence dataset, SecurityScorecard , the cybersecurity analyser, studied cybersecurity breaches across the UK’s 100 largest companies by market capitalisation, releasing a comprehensive analysis of the landscape of the FTSE 100 in the UK.

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The Fintech Times

DECEMBER 18, 2023

Today, we bring you insights from industry leaders regarding the changing dynamics of cybersecurity threats and trends in 2024. “A lot of consumer technology ( Apple Pay , for example) is prioritising highly secure and personalised experiences, relying on biometrics and specific device features.

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Finextra

JULY 22, 2024

BBVA is opening a global cybersecurity centre in Mexico as part of an alliance with IT services company Telefónica Tech aimed at boosting the bank's defences against a rising tide of security-related threats.

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Fintech Finance

JULY 30, 2024

Building on the success of last year’s inaugural event, this year’s gathering emphasized the importance of cybersecurity and the growing adoption of contactless payments. As we embrace digital transformation, prioritising progressive policies and collaborations that enhance cybersecurity is essential for sustainable economic development.

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Finextra

SEPTEMBER 30, 2024

Abstract Adaptive security architecture has emerged as a critical cybersecurity approach in today’s.

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Finextra

SEPTEMBER 30, 2024

Proposed legislation is set to give Ireland's cybersecurity agency the power to monitor all of the country's internet traffic when there is a "pressing national security threat".

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Finovate

AUGUST 13, 2024

LLP, on Navigating Legal Fintech Challenges Ken Munro, Managing Partner at Pen Test Partners LLP, on Securing Fintech, Hacking Smart Devices, and the U.K. Embedded Finance and BaaS Navigating Legal Fintech Challenges Securing Fintech: Hacking Smart Devices and the U.K.

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Stax

MARCH 4, 2024

To stay ahead of fraud means merchants must understand the threats, use trusted and secure providers, and keep up to date on payment security trends. So, let’s dive into payment security, touching on the basics of what you need to know to ensure secure payments.

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The Fintech Times

JANUARY 10, 2024

Over half of financial organisations (55 per cent) have prioritised cybersecurity above all else for the coming year, according to new research from IT infrastructure provider Softcat. The annual report revealed that, for the second year in a row, the financial sector is prioritising cybersecurity above all technology areas.

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The Paypers

FEBRUARY 26, 2024

Linedata , a global asset management and credit technology provider, has announced a partnership with Conduit Security , a cybersecurity technology firm from the US.

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Fintech News

AUGUST 14, 2024

The Monetary Authority of Singapore (MAS) has joined forces with DBS, HSBC, OCBC, UOB, SPTel, and SpeQtral to explore quantum security solutions for the financial sector. QKD is seen as a potential tool to protect cryptographic key exchanges from cybersecurity threats posed by quantum computing. to support related projects.

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The Paypers

AUGUST 23, 2024

India-based regulator for the Securities and Exchange Board of India (SEBI) has announced the release of a new cybersecurity framework for all regulated entities.

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VISTA InfoSec

MAY 12, 2024

Given this recent wave of cyberattacks, all small businesses must do their part to secure their Point of Sale (POS) systems from unauthorized parties. To keep your business secure, only engage with payment processors and vendors that comply with PCI DSS.

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The Fintech Times

MAY 15, 2024

In a move to bolster cybersecurity and protections for AI models against hacking and sabotage, the UK government has officially unveiled a host of new measures, which also hope to set a new global standard. This lack of transparency means it can be hard to identify and address potential biases or security risks.

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Bank Automation

FEBRUARY 15, 2024

Financial institutions prioritize investment in cybersecurity technology but no matter how much they spend for protection, their systems and data remain vulnerable. “You could never say any organization is 100% secure and they’ll never be hacked,” Ray Kelly, fellow at cybersecurity company Synopsys Software Integrity Group, told Bank Automation News, (..)

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The Paypers

AUGUST 26, 2024

Commvault , a provider of cyber resilience and data protection, has revealed an expansion of its cybersecurity and data security through new partnerships.

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Seon

JUNE 27, 2024

Such uncertainty is unwelcome in cybersecurity and fraud. As AI-driven progress continues to surge, questions arise about maintaining its progress over the long term without compromising security. These advancements have changed the way we approach cybersecurity and fraud detection.

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The Paypers

DECEMBER 19, 2022

The European Bank for Reconstruction and Development (EBRD) has partnered with cybersecurity company ISSP to enhance digital security for SMEs in Moldova.

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Cybersecurity Security 87

Finextra

DECEMBER 14, 2023

The financial services industry faces a unique set of cybersecurity challenges, including traditiona.

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Cybersecurity Security 52

Fraud.net

JANUARY 19, 2024

Fraud.net is thrilled to announce its inclusion in Mirror Review magazine’s “10 Best CyberSecurity Companies to Watch in 2024."

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The Payments Association

JULY 22, 2024

Swift's updated CSP and IAF are essential for ensuring robust cybersecurity and compliance across the global banking community. Read more

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The Fintech Times

JUNE 26, 2024

A dangerous new strain of malware has emerged, posing a severe threat to banking app users and leading to significant financial losses and fraud, cybersecurity experts have warned. Snowblind exploits the Linux kernel’s seccomp (secure computing) feature, which limits the system calls an app can make.

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Finextra

MARCH 11, 2024

JPMorgan Chase's growth equity investment unit has led a €36 million Series B funding round for Dutch cybersecurity firm Eye Security.

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The Paypers

MAY 29, 2023

The Bank of Ghana has conceived the Financial Industry Command Security Operations Centre (FISOC) to improve cybersecurity resilience in the country.

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VISTA InfoSec

FEBRUARY 25, 2024

This guide makes sensitive cybersecurity concepts approachable to enable smarter decisions in securing your systems against catastrophe. You might be able to prevent data breaches by hiring cybersecurity services to harden systems continuously. Most data breaches boil down to security failures and human error.

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PYMNTS

DECEMBER 14, 2020

FireEye has closed on a $400 million investment by Blackstone , barely a week after one of the world’s top cybersecurity firms disclosed that its own files were hacked by what federal authorities suspect was a foreign intelligence service.

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The Paypers

MAY 21, 2024

Italy-based fintech startup qomodo has secured GBP 1.3 million in Pre-Seed funding to further augment its cybersecurity platform and support outreach in Europe and the US.

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Fintech News

APRIL 22, 2024

While this digital transformation offers undeniable convenience, it also introduces new challenges to mobile security in Indonesia Malware and phishing attacks pose a significant threat to the integrity and security of financial platforms, jeopardising both user data and financial security.

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Payments Dive

MAY 31, 2024

Research shows young people see digital wallets as a more secure option than debit and credit cards. Cybersecurity professionals mostly agree, despite caveats.

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The Fintech Times

AUGUST 28, 2024

In the last year, over 80 per cent of organisations have experienced at least one ransomware attack according to research from Onapsis , the application security firm. With such a vital part of an organisation’s core being at risk, 93 per cent said they think it’s necessary to have a dedicated ERP security solution.

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The Fintech Times

SEPTEMBER 8, 2024

It also underscores its commitment to operating in accordance with the highest standards of trust and security. “This achievement reflects our dedication to maintaining the highest standards of compliance, security, and operational excellence. ” What happens next?

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The Paypers

MARCH 17, 2023

The Securities and Exchange Commission (SEC) has put forward new requirements to a number of key industry stakeholders to address cybersecurity risks.

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