Tag : cybersecurity

Global Survey Finds 75% of Consumers Ready to Switch Banks Over Inadequate Fraud Protection
Artificial Intelligence Banking Finance Fintech News Security

Global Survey Finds 75% of Consumers Ready to Switch Banks Over Inadequate Fraud Protection

Business Wire
by Business Wire0
New research from Jumio reveals 69% of customers demand stronger cybersecurity measures as confidence in bank protections wanes Jumio, the leading provider of automated, AI-driven identity verification, risk signals and compliance solutions, today released new findings from its Jumio 2024 Online Identity Study. This year’s results highlight growing anxiety among......
Nexus Closes $25M Series A to Enable Verifiable Computation via Zero-Knowledge Cryptography
Finance Fintech Investments News

Nexus Closes $25M Series A to Enable Verifiable Computation via Zero-Knowledge Cryptography

PR Newswire
by PR Newswire0
Co-led by Lightspeed Venture Partners and Pantera Capital, Nexus is pioneering zero-knowledge proofs to advance critical digital infrastructure, optimizing for next-generation performance Nexus Laboratories, Inc. (Nexus), a zero-knowledge cryptography company, today announced it secured $25 million in Series A financing co-led by Lightspeed Venture Partners and Pantera Capital. The round included participation......
Token Security Emerges From Stealth With $7M, Introducing the Machine-First Era in Identity Security
Investments News Security

Token Security Emerges From Stealth With $7M, Introducing the Machine-First Era in Identity Security

Business Wire
by Business Wire0
Token Security powers the evolution of identity security, helping minimize security risk while maintaining operational integrity in the age of AI-generated identities Token Security today emerged from stealth, launching its machine-first identity security platform and announcing $7 million in Seed funding led by TLV Partners with participation from SNR as......
Cyber Security in BFSI Market Surges as Financial Institutions Brace for Digital Threats
Banking News Security

Cyber Security in BFSI Market Surges as Financial Institutions Brace for Digital Threats

EIN Presswire
by EIN Presswire0
Surge in threats in the BFSI sector propel the global cyber security in BFSI market. According to the report, the global cybersecurity in banking market generated $74.3 billion in 2022, and is anticipated to generate $ 282 billion by 2032, rising at a CAGR of 14.4% from 2023 to 2032.......
Wing Security's SaaS Security Automation to Meet New York Financial Regulations
News Security

Wing Security’s SaaS Security Automation to Meet New York Financial Regulations

PR Newswire
by PR Newswire0
Empowering Understaffed Security Teams to Reach the SaaS Security Bar Before the April 25 Regulatory Deadline Wing Security, the leader in SaaS Security, announced that its SaaS security product is specifically designed to help financial firms and covered entities comply with the stringent NY-DFS regulations that mandate robust cybersecurity measures for SaaS......
Abacus Group Enhances its Managed IT and Cybersecurity Services for Evolving Needs of Financial Services
News Security

Abacus Group Enhances its Managed IT and Cybersecurity Services for Evolving Needs of Financial Services

PR Newswire
by PR Newswire0
Abacus Group, the leading Managed Services Provider (“MSP”) to financial services firms with specialized cybersecurity expertise provided by Gotham Security, an Abacus Group company, today unveils a revamp of its integrated IT and security solutions and services to meet the changing needs of the financial services industry. The enhanced offering......
RISCPoint Announces Strategic Partnership with Anecdotes
Compliance management News

RISCPoint Announces Strategic Partnership with Anecdotes

PR Newswire
by PR Newswire0
The partnership brings enterprise-grade technology and implementation methodology purpose-built for the start-up and SMB space, providing access to programs with the efficiency and price point needed for growing organizations. RISCPoint, an industry leader in cloud, cybersecurity and compliance management consulting, has partnered with the leader in Compliance Operating Systems, anecdotes. The......
Deloitte Invests $2 Billion to Accelerate Industry Advantage for its Clients
Investment Services News

Deloitte Invests $2 Billion to Accelerate Industry Advantage for its Clients

PR Newswire
by PR Newswire0
This strategic investment creates new approaches to rapidly building industry-focused solutions by leveraging domain experience, coupled with the principles of modern engineering, AI, and cybersecurity. This is designed to help accelerate industry-proficiency programs for Deloitte professionals with a focus on applied technology. As technology rapidly evolves, businesses across industries are......
Investment Firms Overlook AI as a Cybersecurity Risk and Remain Wary About SEC Cybersecurity Enforcement and Compliance with New Rules, Survey Reveals
Finance Fintech Investments News

Investment Firms Overlook AI as a Cybersecurity Risk and Remain Wary About SEC Cybersecurity Enforcement and Compliance with New Rules, Survey Reveals

Business Wire
by Business Wire0
Nearly 40% of compliance professionals from asset management, investment adviser, and private markets firms have yet to evaluate Artificial Intelligence (AI) as a cybersecurity risk, while 44% have concerns about how the SEC’s new cybersecurity rules will be enforced. Nearly 40% of compliance professionals from asset management, investment adviser, and......
Banxso Announces Formation of Elite Cybersecurity Team
News Security Trading

Banxso Announces Formation of Elite Cybersecurity Team

Fintech News Desk
by Fintech News Desk0
 This newly formed team is set to issue comprehensive reports to keep the community informed about potential scam threats. Banxso, a company in the realm of financial trading innovation, has disclosed its strategic initiative aimed at bolstering its defenses against the escalating scams of deep fake technology scams. The company......
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