Financial institutions stories - Page 11

Zscaler's latest report reveals over 200 malicious apps in Google Play, urging organisations to enhance mobile security amid rising mobile threats.

Southeast Asia faced an alarming average of 146,944 web threats daily in H1 2024, with Malaysia leading at 19,615,255 incidents, Kaspersky warns.

A new report reveals a staggering 19% rise in global fraud attacks, largely fuelled by AI exploitation, highlighting urgent need for improved detection measures.

SAS teams up with the Association of Certified Fraud Examiners to advocate for anti-fraud AI during International Fraud Awareness Week amid rising fraud tactics.

Bitsight has acquired threat intelligence provider Cybersixgill for USD $115 million, bolstering its cybersecurity capabilities amid rising cyber risks.

As the EU's DORA regulation looms, financial firms are urged to bolster digital resilience or risk severe operational disruptions by January 2025.

AND Solutions has secured a software agreement with PT AEON Credit Service Indonesia to deliver AI-driven custom credit scoring solutions.

HID has acquired Italian firm IXLA, enhancing its portfolio in secure credential issuance and expanding its reach in European and emerging markets.

A report reveals that over 50% of financial institutions in Asia are failing to adopt AI for anti-money laundering, risking exposure to financial crime.

Ripple has unveiled RLUSD, a USD stablecoin for enterprises, launching it with key partners like Uphold and Bitstamp to ensure global access.

A report from fintech Neo reveals 95% of Payment Service Providers have faced account closures or restrictions, often without bank explanations.

Ripple has unveiled an update to its Custody platform, enhancing features for fintechs with improved security and real-time transaction monitoring.

A new report reveals that over 32% of financial institutions lack clarity in supplier management, increasing their risk amid tightening regulations.

Commvault and Pure Storage have launched a joint cyber readiness solution to help financial institutions meet the EU's DORA regulations by 2025.

A new FIS survey reveals security is the top concern for online banking in Singapore, with 56% noting increased fraud attempts and millennials most affected.

Xalts and Avalanche are teaming up to revolutionise financial institutions with custom blockchain networks and RWA tokenization, launching in Turkey with Misyon Bank.

Akamai's new report reveals financial services face 34% of DDoS attacks, fueled by geopolitical tensions.

Richard Seiersen, Chief Risk Technology Officer at Qualys, is helping businesses master cybersecurity risk measurement and communication.

A Forrester report warns that the Asia Pacific region faces a growing threat from fraud, with incident rates exceeding the global average, straining financial institutions.

Pieter Danhieux, CEO of Secure Code Warrior, transformed his passion for cybersecurity into a global mission, reshaping secure coding for 600+ clients worldwide.