To mark cybersecurity awareness month in the US, this October financial institutions are planning a series of tournaments and events to raise awareness around cyber security issues.
Source: IBM
New global market research from IBM (NYSE: IBM) revealed that more than 77% of respondents have adopted a hybrid cloud approach which can help drive digital transformation, yet the majority of responding organizations are struggling with the complexity to make all their cloud environments work together.
Source: Allurity
Allurity has acquired Spanish multinational Aiuken Cybersecurity, as an important step in its journey to becoming Europe's leading cybersecurity provider. Aiuken brings an entire SOC platform spanning three continents, as well as its Cloud Security and SOC-as-a-Service platforms.
Revolut has suffered a data breach that exposed personal details of about 50,000 customers worldwide.
Morgan Stanley Smith Barney (MSSB) has been slapped with a $35 million penalty for failing to protect the personal identifying information (PII) of about 15 million customers.
The White House has put together a framework for the "responsible development" of digital assets that includes a more aggressive push by regulators to take on fraud in the sector.
The UK financial sector was subject to a surge in distributed denial of service (DDoS) attacks in the first half of 2022 after Russian forces invaded Ukraine.
Source: Paytm Labs
Paytm Labs, the advanced R&D division of fintech giant Paytm, has launched Pi, an ML-powered fraud risk management (FRM) platform designed for fintechs, banks and eCommerce marketplaces with high transaction volumes.
