Search Results for: cyberattacks

Cyberattacks, Social Media and Buy Now Pay Later: New Report Explores Solutions for Tech Risks in Financial System
Finance News Security

Cyberattacks, Social Media and Buy Now Pay Later: New Report Explores Solutions for Tech Risks in Financial System

Fintech News Desk
by Fintech News Desk0
A new report published by the World Economic Forum explores how technology-driven risks originating in financial services sectors could become systemic threats to the global financial system. Pushing Through Undercurrents, developed in collaboration with Deloitte, examines how different forces influence the way tech-driven risks spread and offers approaches that financial services......
APJ Financial Services: Akamai Research Shows APJ Surpasses North America in Web Application and API Cyberattacks Against Financial Services
Cloud News

APJ Financial Services: Akamai Research Shows APJ Surpasses North America in Web Application and API Cyberattacks Against Financial Services

Fintech News Desk
by Fintech News Desk0
State of the Internet report shows web application and API cyberattacks grew by 449 percent year-over-year in APJ, from 50M in 2021 to 240M in 2022 Akamai Technologies, Inc., the cloud company that powers and protects life online, released a new State of the Internet report that indicates a severe risk to the financial services......
AI Can Prevent Cyber Attacks In The E-Commerce Sector
Artificial Intelligence E-commerce Featured Fintech Primers

How Artificial Intelligence Might Help Avoid Cyberattacks In The E-Commerce Industry?

Pooja Choudhary
by Pooja Choudhary0
AI is gaining massive significance in the s cybersecurity domain. Machine learning algorithms are now designed for identifying cyber attacks targeting the e-commerce sectors. The emerging security solutions analyzes the enormous data collected via millions of cyber incidents and uses these data to detect risks such as new malware variants......
Tanium Report Reveals 90 Percent of Organizations Experienced an Increase in Cyberattacks due to COVID-19
Fintech News Risk Management

Tanium Report Reveals 90 Percent of Organizations Experienced an Increase in Cyberattacks due to COVID-19

Fintech News Desk
by Fintech News Desk0
Tanium, the provider of unified endpoint management and security built for the world’s most demanding IT environments, announced the results of a global survey of 1,000 CXOs revealing the ongoing effects of COVID-19 on enterprise and government organizations. Even as 90 percent of IT leaders surveyed said they experienced an......
VMware Named to Dow Jones Sustainability Index
Banking Big Data Fintech News

‘Modern Bank Heists’ Threat Report from VMware Carbon Black Finds Dramatic Increase in Cyberattacks Against Financial Institutions Amid COVID-19

Fintech News Desk
by Fintech News Desk0
Third annual report details how financial CISOs are battling ransomware, wire fraud transfer, island hopping, destructive attacks, and counter incident response VMware, a leading innovator in enterprise software, released the third annual “Modern Bank Heists” report, produced by VMware Carbon Black. The report combines original VMware Carbon Black threat data......
Nacha's Payments Innovation Alliance Commemorates Cybersecurity Awareness Month by Releasing Materials to Educate the Public About AI-Based Scams
Finance Fintech News Security

Nacha’s Payments Innovation Alliance Commemorates Cybersecurity Awareness Month by Releasing Materials to Educate the Public About AI-Based Scams

Business Wire
by Business Wire0
Nacha’s Payments Innovation Alliance, a membership program that brings together diverse global stakeholders seeking to transform the payments industry, has published new materials aimed at raising awareness of AI-based scams, including a new report, Payments and Artificial Intelligence: Protecting Yourself Against AI-based Scams, focusing on protecting consumers from AI-based scams and......
Banking Blockchain Digital Asset Management Digital Payments Featured Finance Fintech Security

Integrating Blockchain Technology Effectively into Digital Banking Systems

Fintech Staff Writer
by Fintech Staff Writer0
The global banking sector has seen a significant transformation in recent years, driven by advancements in financial technology aimed at enhancing efficiency and reducing operational costs. Among these innovations, blockchain technology stands out as a powerful tool with the potential to revolutionize various banking processes. From transaction processing and settlement......
iProov Sees Over 60% Surge in Transactions Driven by Soaring Demand for Cloud-based Biometric Onboarding and Authentication
Fintech News Security

iProov Sees Over 60% Surge in Transactions Driven by Soaring Demand for Cloud-based Biometric Onboarding and Authentication

Business Wire
by Business Wire0
iProov, a leading provider of science-based biometric identity solutions, delivered its quarterly business update, highlighted by a surge of 63% in transaction volume on its platform compared with the same timeframe last year. The identity verification market is showing consistent growth, fueled by the rapid digitization of services, and the......
Artificial Intelligence Banking Blockchain Featured Finance Fintech Security

RegTech for Financial Institutions: How You Can Better Streamline Regulatory Compliances

Rishika Patel
by Rishika Patel0
The Fintech industry is revolutionizing financial services with innovative RegTech solutions, from mobile payments to blockchain technologies. However, with this rapid transformation comes the challenge of navigating an increasingly complex regulatory landscape. Financial institutions must comply with stringent rules, such as Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations,......
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