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Financial institutions stories

Ripple Custody update enhances security for digital assets

Ripple has unveiled an update to its Custody platform, enhancing features for fintechs with improved security and real-time transaction monitoring.

By Catherine Knowles • 3 min read • Fri, 11th Oct 2024

Software-as-a-Service

Report reveals gaps in supplier management for SaaS firms

A new report reveals that over 32% of financial institutions lack clarity in supplier management, increasing their risk amid tightening regulations.

By Shannon Williams • 3 min read • Wed, 9th Oct 2024

Storage

Commvault & Pure Storage unveil cyber readiness solution

Commvault and Pure Storage have launched a joint cyber readiness solution to help financial institutions meet the EU's DORA regulations by 2025.

By Sean Mitchell • 3 min read • Wed, 9th Oct 2024

Application Programming Interface

Xalts partners with Avalanche to drive RWA tokenization

Xalts and Avalanche are teaming up to revolutionise financial institutions with custom blockchain networks and RWA tokenization, launching in Turkey with Misyon Bank.

By Sean Mitchell • 3 min read • Wed, 18th Sep 2024

Financial institutions

Exclusive: Richard Seiersen discusses cybersecurity risk management

Richard Seiersen, Chief Risk Technology Officer at Qualys, is helping businesses master cybersecurity risk measurement and communication.

By Melania Watson • 5 min read • Fri, 6th Sep 2024

Network Infrastructure

Asia Pacific faces rising fraud threat, Forrester report warns

A Forrester report warns that the Asia Pacific region faces a growing threat from fraud, with incident rates exceeding the global average, straining financial institutions.

By Kaleah Salmon • 3 min read • Wed, 4th Sep 2024

Breach Prevention

Titans of Tech - Pieter Danhieux of Secure Code Warrior

Pieter Danhieux, CEO of Secure Code Warrior, transformed his passion for cybersecurity into a global mission, reshaping secure coding for 600+ clients worldwide.

By Melania Watson • 4 min read • Tue, 27th Aug 2024

Private Cloud

Cloudera achieves PCI DSS Level 1 certification, boosts security

Cloudera achieves PCI DSS Level 1 compliance, underscoring its commitment to cybersecurity and aiding financial institutions' AI-driven initiatives amid rising data breaches.

By Imee Dequito • 3 min read • Fri, 23rd Aug 2024

Semiconductors

Group-IB & SecurityHQ form global partnership on cybersecurity

Group-IB and SecurityHQ form a global partnership to integrate advanced cybersecurity solutions, enhancing SecurityHQ's SOC operations and fraud protection services.

By Kaleah Salmon • 3 min read • Thu, 22nd Aug 2024

Malware

Kaspersky outlines major cybersecurity challenges for 2024

Kaspersky's 2024 forecast warns of heightened cyber dangers: AI-driven attacks, ransomware-as-a-service, and iOS vulnerabilities through Operation Triangulation.

By Shannon Williams • 4 min read • Tue, 20th Aug 2024

Key management

Entrust nShield 5 HSMs achieve FIPS 140-3 certification

Entrust's nShield 5 hardware security modules have earned FIPS 140-3 certification, ensuring rigorous data security for clients worldwide.

By Imee Dequito • 3 min read • Tue, 20th Aug 2024

Unified Communications

iManage reports strong growth, new deals & AI integration

iManage reports a stellar year with 142 new customers including Linklaters, opening two data centres, and introducing AI-powered features and Microsoft integration.

By Catherine Knowles • 4 min read • Wed, 14th Aug 2024

Stories from Other Regions

Financial institutions stories

Agricultural Technology

DAS uses AI to reveal varying Australian crop yields

DAS unveils detailed regional crop growth data using satellite tech and AI, spotlighting sharp disparities in Australia's winter crop yields amid climate uncertainties.

By Catherine Knowles • 3 min read • Wed, 2nd Oct 2024

Fintech

Survey: Security top concern for online banking in Singapore

A new FIS survey reveals security is the top concern for online banking in Singapore, with 56% noting increased fraud attempts and millennials most affected.

By Shannon Williams • 3 min read • Tue, 24th Sep 2024

Network Infrastructure

Report finds financial services most targeted by DDoS attacks for 2 years

Akamai's new report reveals financial services face 34% of DDoS attacks, fueled by geopolitical tensions.

By Melania Watson • 4 min read • Wed, 18th Sep 2024

Crypto

Crypto market stabilises in September after August turbulence

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%.

By Melania Watson • 3 min read • Wed, 11th Sep 2024

Gaming

Mercedes-Benz's Acentrik wins Isle of Man Innovation Challenge

Mercedes-Benz's Acentrik wins the 2024 Isle of Man Innovation Challenge, promising secure global data sharing and innovation across various industries.

By Kaleah Salmon • 2 min read • Fri, 6th Sep 2024

Supply Chain

Finance sector lacking third-party risk plans despite DORA push

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.

By Catherine Knowles • 4 min read • Fri, 23rd Aug 2024

Data Analytics

ESGpedia named official platform partner for SAFE Initiative

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.

By Catherine Knowles • 4 min read • Wed, 21st Aug 2024

Email Security

Australia's superannuation funds fortified against cyber threats

As Australia's superannuation assets reach $3.3 trillion, cybercriminals increasingly target these lucrative funds. Transmit Security and Wrkr partner to defend super funds.

By Shannon Williams • 3 min read • Wed, 14th Aug 2024