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The risks from Cyber cime - Hacking - Loss of Data Privacy - Identity Theft and other topical threats - can be greatly reduced by implementation of robust IT Security controls ...
Just as we wrote about the Top 5 Cyber Attacks in the Aviation Industry, credit unions have faced similar issues as the target of dedicated cyber criminals. In a recent blog post, we talked about th...
According to UK Finance, there was an 84% surge in “impersonation scams” at the start of the pandemic as fraudsters looked for ways to capitalise on COVID-19. With our financial lives now heavily onl...
Fraudulent activity surging The Office of National Statistics (ONS) has reported that 5 million fraud offences were committed in the year ending June 2021: A 32% increase compared to 2019. Despite th...
Just a few weeks before Halloween, Chicago-based candy-maker Ferrara, famous for Nerds, LaffyTaffy and other treats, experienced a ransomware attack that shut down several of its facilities, making i...
2020 may have been the Year of DeFi, but 2021 might go down as the year of Buy Now Pay Later (BNPL). BNPL services are growing at a rate of 39%, with major players like PayPal, Amazon and Square all a...
Banks and other businesses in the financial services industry are prime targets for cyberattacks with the plethora of sensitive information contained in customers’ files, especially as more of the wor...
The UK is a very demanding market for everybody. Including FinTech, which must operate similarly to regular banking institutions. Both legal and technological requirements are there to protect custom
This year has been hit hard by cyber-attacks, with many major companies experiencing compromission by hackers, such as Microsoft’s Exchange Server, and Australia’s Nine Network, which was taken off ...
Ransomware on the rise: What are the risks? As financial technology becomes increasingly sophisticated and ubiquitous, so too do the risks of cybercrime. Financial institutions are prime targets for ...
Every business tries to optimize its profitability by maxing out the revenues and minimizing the expenses. Some expenses (like logistics, product storage, or service development costs) can be managed ...
When speaking to IT professionals in the finance sector about email security, they are often unaware that the majority of data leaks are caused by employee behaviour. Latest security incident reports ...
Financial services are at the heart of our global economy and it’s safe to say cybercrime is a major risk for the banking system. Cybersecurity has become a vital investment for the financial sector. ...