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Financial institutions stories - Page 3

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Group-IB & SecurityHQ form global partnership on cybersecurity
Thu, 22nd Aug 2024
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soc
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cybersecurity
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mssp
Group-IB and SecurityHQ form a global partnership to integrate advanced cybersecurity solutions, enhancing SecurityHQ's SOC operations and fraud protection services.
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ESGpedia named official platform partner for SAFE Initiative
Wed, 21st Aug 2024
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data analytics
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dei
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cleantech
SFIA appoints ESGpedia as the official ESG platform partner for the SAFE Initiative, aiming to enhance ESG data reporting across ASEAN through advanced technology solutions.
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Kaspersky outlines major cybersecurity challenges for 2024
Tue, 20th Aug 2024
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malware
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ransomware
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it training
Kaspersky’s 2024 forecast warns of heightened cyber dangers: AI-driven attacks, ransomware-as-a-service, and iOS vulnerabilities through Operation Triangulation.
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Entrust nShield 5 HSMs achieve FIPS 140-3 certification
Tue, 20th Aug 2024
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key management
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financial institutions
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entrust
Entrust's nShield 5 HSMs achieve FIPS 140-3 certification, securing their place among top vendors for robust data security. Enhanced speed and crypto-agility set a new industry standard.
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iManage reports strong growth, new deals & AI integration
Wed, 14th Aug 2024
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ai
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ai agents
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copilots
iManage reports a stellar year with 142 new customers including Linklaters, opening two data centres, and introducing AI-powered features and Microsoft integration.
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Australia's superannuation funds fortified against cyber threats
Wed, 14th Aug 2024
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email security
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cybersecurity
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scams
As Australia's superannuation assets reach $3.3 trillion, cybercriminals increasingly target these lucrative funds. Transmit Security and Wrkr partner to defend super funds.
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Rich Data Co secures USD $9 million for North America expansion
Thu, 8th Aug 2024
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risk & compliance
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edge ai
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westpac
Rich Data Co secures USD $9 million boost from Acorn Capital, elevating total Series B funding to USD $37 million. Funds to drive North America expansion.
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QuantHouse & Quod Financial to enhance AI-driven trading
Mon, 5th Aug 2024
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collaboration
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financial institutions
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cro
QuantHouse partners with Quod Financial to supply low-latency data, enhancing AI-driven trading algorithms and real-time transaction cost analysis.
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Ransomware hits 59% of UK financial firms in past 12 months
Fri, 2nd Aug 2024
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malware
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ransomware
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phishing
Bridewell research reveals 59% of financial services businesses have faced ransomware attacks in the past year, with legal fines and reputation damage as key repercussions.
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Transmit Security report reveals rise in AI-driven fraud scams
Wed, 31st Jul 2024
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devops
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digital entertainment
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apm
Transmit Security's latest report reveals a surge in AI-driven fraud scams, highlighting dark web marketplaces and tools like FraudGPT that empower even novice fraudsters.
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Data recovery gaps found in financial systems & business tools
Mon, 29th Jul 2024
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data protection
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dr
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financial systems
New research by Foundry and Keepit reveals that 30% of firms lack data recovery plans for financial systems, exposing critical vulnerabilities in enterprise IT.
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Siemon appoints Trey Somers as new VP of product management
Fri, 26th Jul 2024
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financial institutions
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siemon
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job moves
Siemon appoints Trey Somers as VP of Product Management to lead global product team, aiming to innovate and adapt to market needs. Somers brings 20+ years' expertise.
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Exclusive: Rimini Street's approach to financial support, services
Wed, 24th Jul 2024
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digital transformation
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ai
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cybersecurity
Rimini Street is set to revolutionise tech support in the financial sector, offering robust and cost-effective solutions for digital transformation.
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Alveo & Gresham merge to form data automation powerhouse
Tue, 23rd Jul 2024
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data management
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financial institutions
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data automation
Alveo merges with Gresham Technologies to form a data automation titan, aimed at revolutionising data management and efficiency for global financial markets.
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Cyber Security experts respond to global IT outage
Mon, 22nd Jul 2024
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ai security
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aiops
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healthtech
It comes after a major IT outage linked to a Windows security update stopped essential services around the world, causing significant disruption.
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CrowdStrike security issue causes global Windows system failures
Sun, 21st Jul 2024
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soc
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ai security
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healthtech
CrowdStrike's Falcon sensor causes global Windows BSOD, hitting emergency, banking, and aviation sectors.
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Endor Labs secures strategic investment from Citi Ventures
Thu, 18th Jul 2024
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virtualisation
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open source
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software development
Endor Labs secures strategic investment from Citi Ventures, boosting its mission to protect software supply chains for major financial institutions.
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UK businesses hit hard by AI-driven cyber threats, says report
Tue, 16th Jul 2024
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ai security
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hsbc
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financial institutions
A Darktrace report reveals that 71% of UK businesses have faced AI-powered cyber threats, with 95% feeling unprepared. Firms like Barclays and HSBC are at risk.
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eflow Global upgrades TZEC to combat market abuse with AI
Tue, 16th Jul 2024
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uc
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surveillance
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ai
eflow Global's TZEC upgrade leverages AI to enhance eComms surveillance, aiming to curb market abuse and meet strict regulatory demands amid rising fines.
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CloudSEK report uncovers rise in investment scams on social media
Fri, 5th Jul 2024
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social media
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whatsapp
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threat intelligence
CloudSEK reveals a surge in investment scams through WhatsApp and Telegram, with 29,000 fraudulent ads on Facebook and over 81,000 fake Twitter accounts.