The recent ransomware attack on Ion servers has caused significant disruptions and raised concerns about the vulnerability of critical infrastructure in the digital world. The attack highlights the need for organizations to adopt proactive measures to secure their networks and protect against cyber threats as the gang that attacked ION Trading UK's systems last week says that the firm has paid a ransom.

The accounts of 34,942 PayPal users were hacked between the 2nd and 6th of December 2022 by unauthorised parties through a credential stuffing attack. Hackers potentially gained access to customers’ personal data, including their name, address, date of birth, tax ID number, and social security number.

Source: IFTA

India FinTech Forum, a not for profit fintech advocacy group representing Indian fintech companies, has announced 23 fintech startups who will give demos of their innovative products and services to a high profile jury this month.

As businesses increasingly rely on software as a service (SaaS) to streamline their operations, it is crucial to secure these cloud-based platforms to prevent data breaches and protect sensitive information. In this article, we will explore how to secure your SaaS stack using Adaptive Shield, a cutting-edge security solution that offers comprehensive protection for your SaaS environment.

Security researchers are warning about the Godfather, an Android banking Trojan that has targeted the users of more than 400 apps.

The Financial Stability Board (FSB) has set out proposals to ensure greater convergence in cyber incident reporting.

WhatsApp, the world's leading messaging platform, has been hit with a €5.5m ($5.9m) fine for violating the General Data Protection Regulation (GDPR) by Ireland’s Data Protection Commission (DPC). The consequences of these violations have raised concerns about the privacy and security of user data.

Source: McKinsey

As the fastest-growing start-up industry in Africa, African fintech raised over US$1,3 billion in 2021 alone, the success of fintech companies is being fuelled by several trends, including increasing smartphone ownership, declining internet costs, expanded network coverage, and a young, fast-growing, and rapidly urbanizing population.

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.

When it comes to protecting your business from cyber threats, it's essential to think like a hacker. While traditional security approaches focus on detecting and blocking known threats, proactive security measures focus on anticipating and neutralizing future threats. By understanding the methods and tactics that hackers use to gain access to your systems and data, you can identify the gaps in your IT security posture and take steps to close them.

Source: Iosco

The Bank for International Settlements’ Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) today published an assessment showing reasonably high adoption of their Cyber Guidance by FMIs.

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.