Cybersecurity

Computer security, cybersecurity or information technology security is the protection of computer systems from the theft of or damage to their hardware, software, or electronic data, as well as from the disruption or misdirection of the services they provide.

Source: en.wikipedia.org

Financial Firms Increasingly Victimized by ‘Cryptojacking’ Attacks
Financial Firms Increasingly Victimized by ‘Cryptojacking’ Attacks
July 26, 2022  |  Security & Fraud

Financial firms — including banks and trading houses — are becoming increasingly victimized in attacks where hackers aim to use their computer systems to mine...

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Banks Pilot Information-Sharing Projects to Reduce Fraud
Banks Pilot Information-Sharing Projects to Reduce Fraud
July 25, 2022  |  Cybersecurity

Financial institutions (FIs) in several countries have begun to launch information-sharing platforms in an effort to better spot fraud and money laundering. Get the Full...

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Crypto Firms Tell Hackers to Keep Some of What They Steal
Crypto Firms Tell Hackers to Keep Some of What They Steal
July 25, 2022  |  Cryptocurrency

Cryptocurrency platforms that have been the victim of thefts are telling their attackers to keep some of the stolen digital assets and give back the...

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AI Could Help FIs Fight Crime, Avoid Regulators 
AI Could Help FIs Fight Crime, Avoid Regulators 
July 20, 2022  |  Security & Fraud

When it comes to artificial intelligence (AI), being behind the technology curve not only leaves banks more vulnerable to financial crimes, but the lag can...

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Didi’s Fines Could Top $1B for Data Security Breaches in China
Didi’s Fines Could Top $1B for Data Security Breaches in China
July 19, 2022  |  Regulation

Ride-hailing and food delivery platform Didi could be hit with fines exceeding $1 billion following a probe by Chinese regulators that lasted over a year...

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FBI Warns Fake Crypto Apps Robbed Investors of Millions
FBI Warns Fake Crypto Apps Robbed Investors of Millions
July 19, 2022  |  Security & Fraud

The FBI is warning investors and financial institutions (FIs) that fraudulent cryptocurrency apps tricked 244 victims out of $42.7 million between October 2021 and May...

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FBI: Businesses Lose $43B to Email Fraud
FBI: Businesses Lose $43B to Email Fraud
July 13, 2022  |  Security & Fraud

Fraudsters have an extensive arsenal of methods when it comes to scamming businesses. Get the Full Story Complete the form to unlock this article and...

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Chainalysis CEO: Crypto’s Strength Is Working Together
Chainalysis CEO: Crypto’s Strength Is Working Together
July 11, 2022  |  Cryptocurrency

The first time Chainalysis CEO Michael Gronager saw a crypto crash, the price of bitcoin fell from $30 to $2. Get the Full Story Complete...

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Cyberinsurance Firm Coalition Raises $250M at $5B Valuation
Cyberinsurance Firm Coalition Raises $250M at $5B Valuation
July 08, 2022  |  Investments

Cyberinsurance company Coalition closed a $250 million Series F funding round last month that has valued the provider at $5 billion, according to a Friday...

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