TechDay UK - The United Kingdom's, technology news network

Financial institutions stories - Page 2

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Report finds financial services most targeted by DDoS attacks for 2 years
Wed, 18th Sep 2024
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network infrastructure
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ransomware
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phishing
Akamai’s new report reveals financial services face 34% of DDoS attacks, fueled by geopolitical tensions.
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Crypto market stabilises in September after August turbulence
Wed, 11th Sep 2024
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cryptocurrency
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blockchain
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bitcoin
Binance Australia's September report reveals stabilised crypto markets after August's 13.1% decline, with Bitcoin support around USD $60,000. TRX surged 19.5%.
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Mercedes-Benz's Acentrik wins Isle of Man Innovation Challenge
Fri, 6th Sep 2024
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gaming
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digital entertainment
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data privacy
Mercedes-Benz’s Acentrik wins the 2024 Isle of Man Innovation Challenge, promising secure global data sharing and innovation across various industries.
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Exclusive: Richard Seiersen discusses cybersecurity risk management
Fri, 6th Sep 2024
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financial institutions
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qualys
Richard Seiersen, Chief Risk Technology Officer at Qualys, is helping businesses master cybersecurity risk measurement and communication.
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Asia Pacific faces rising fraud threat, Forrester report warns
Wed, 4th Sep 2024
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genai
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ai
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data sharing
The Asia Pacific faces a surge in fraud, with sophisticated methods like deepfakes pushing financial institutions to rely on AI and machine learning to combat evolving threats, Forrester reports.
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Titans of Tech - Pieter Danhieux of Secure Code Warrior
Tue, 27th Aug 2024
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breach prevention
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ai
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cybersecurity
Pieter Danhieux, CEO of Secure Code Warrior, transformed his passion for cybersecurity into a global mission, reshaping secure coding for 600+ clients worldwide.
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Finance sector lacking third-party risk plans despite DORA push
Fri, 23rd Aug 2024
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ai security
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risk & compliance
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outage
Only 20.8% of finance professionals have stressed exit plans with suppliers, despite DORA recommendations, highlighting a key vulnerability exposed by a recent CrowdStrike outage.
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Cloudera achieves PCI DSS Level 1 certification, boosts security
Fri, 23rd Aug 2024
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private cloud
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paas
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digital transformation
Cloudera achieves PCI DSS Level 1 compliance, underscoring its commitment to cybersecurity and aiding financial institutions' AI-driven initiatives amid rising data breaches.
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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.