Tag : ransomware

Banking Featured Finance Fintech Risk Management Security

Why Network Traffic Monitoring is Essential for Robust Cybersecurity in Financial Services

Rishika Patel
by Rishika Patel0
In the high-stakes world of financial services, where vast quantities of sensitive data flow continuously across interconnected networks, network traffic monitoring has become more than a mere security tool—it’s a strategic imperative. According to Gartner, 90% of enterprises view network traffic monitoring as vital for maintaining reliability, security, and regulatory......
Banking Digital Payments Featured Finance Fintech Security

Cybersecurity in FinTech: Protecting The Future of Digital Financial Services

Prajakta Ayade
by Prajakta Ayade0
Cybersecurity has emerged as a critical concern today. Ensuring the security of digital financial services is paramount to maintaining customer trust and safeguarding sensitive data. Recently authID and FinClusive joined forces to integrate next-gen biometric and financial crimes compliance solutions, significantly boosting identity management’s security. This partnership enhances identity verification,......
Analytics Digital News Technology

Despite Billion-Dollar SEC Fines, Latest Study Shows NetSfere Addresses Communication Problems in Banking Workplaces

Fintech Staff Writer
by Fintech Staff Writer0
A report by 451 Research, a division of S&P Global Market Intelligence, discusses the security and compliance issues that major Wall Street banks are encountering as a result of using consumer-grade apps at work. NetSfere, a global provider of next-generation secure and compliant messaging and mobility solutions, is mentioned in......
Compliance management News Technology

Ransomware Attack Knocks Out ION Servers

Fintech Staff Writer
by Fintech Staff Writer0
Few brokers have resorted to manual workarounds to deal with the issue, which has the potential to impact margin calls, the valuation attached to portfolios and regulatory reporting of large market positions. ION has been hit by a cyber attack that knocked out servers dealing with cleared derivatives, sparking trade......
Consumer protection laws News Risk Management

Truesec and Europol Join Forces To Fight Cybercrime

Fintech News Desk
by Fintech News Desk0
The cybersecurity company Truesec and Europol are joining forces to disrupt criminal businesses with the initiative “No More Ransom” – a global collaboration between law enforcement and other key players to help ransomware victims. To contribute, Truesec has developed a unique decryption tool that will help thousands of ransomware victims......
Guardforce AI gets $19 Million in Extended Contract with Government Savings Bank of Thailand
Cloud News

Cloudian Provides Ransomware Protection With Veritas NetBackup And Enterprise Vault

Fintech News Desk
by Fintech News Desk0
Cloudian® announced new integrations with Veritas Technologies, a leader in multi-cloud data management, enabling mutual customers to deploy Cloudian’s award-winning S3 Object Lock ransomware protection in their Veritas NetBackup™ and Enterprise Vault environments. Offered as a feature of Cloudian’s HyperStore® object storage solution, S3 Object Lock creates an immutable data copy that......
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......
cybersecurity 1
Fintech Fintech Primers

Cybersecurity Timeline and Trends You Should Know before Planning for 2023

Pooja Choudhary
by Pooja Choudhary0
What exactly is Cybersecurity? Cyber security is the application of technologies, processes, and controls to defend against cyber attacks on systems, networks, programmes, devices, and data. In other words, it is the practice of protecting computers, servers, cell phones, electronic systems, organizations, and data from malicious attacks. It is also......
Cidel Bank Canada Adopts ZTEdge Web Isolation to Protect Resources and Remote Users from Phishing, Ransomware and Zero-Day Threats
Banking News Security

Cidel Bank Canada Adopts ZTEdge Web Isolation to Protect Resources and Remote Users from Phishing, Ransomware and Zero-Day Threats

Fintech News Desk
by Fintech News Desk0
Bank Expands Relationship with Ericom to Add Remote Browser Isolation Web and Email Cybersecurity Solution Ericom Software, a leading provider of Zero Trust cloud cybersecurity solutions and developer of the ZTEdge SASE Platform announced today that Cidel Bank Canada, a private bank focused on wealth management, has adopted Ericom’s ZTEdge......
Binance Charity Partners With Code To Inspire Supporting Tech Education For 100 Young Women In Afghan
Blockchain Cryptocurrency Featured News

Binance Becomes the Blockchain and Cryptocurrency Industry’s First to Join the NCFTA

Fintech News Desk
by Fintech News Desk0
Binance, the world’s leading blockchain and cryptocurrency infrastructure provider,  announced that it has joined the National Cyber-Forensics and Training Alliance (NCFTA), a nonprofit corporation focused on identifying, validating, mitigating, and neutralizing cybercrime threats. Binance is the first organization from the blockchain and cryptocurrency industry to formally join the alliance. The NCFTA......
1