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The Hong Kong Monetary Authority (HKMA) is to establish a new Fintech Cross-Agency Co-ordination Group to formulate supportive policies for the local fintech ecosystem.

Responding to the recent hack of IT company SolarWinds, the New York State Department of Financial Services says that the next big financial crisis could come from a cyber attack.

Nearly three quarters of financial institutions have seen a rise in cybercrime since the Covid-19 pandemic began, according to a survey from BAE Systems.

Source: FS-Isac

FS-ISAC, the only global cyber intelligence sharing community solely focused on financial services, announced today its leadership role in devising the financial sector’s scenario during this year’s NATO Cyber Defence Centre of Excellence (CCDCOE) Exercise Locked Shields, taking place 13-16 April.

Source: Banco Santander

Banco Santander has launched a new scholarship programme with IBM to boost the employability of job seekers and those looking to make a career change.

Source: Federal Reserve

The Federal Reserve has released message specifications for the initial launch of its FedNow Service for instant payments based on the standard set by the International Organization for Standardization, or ISO.

ABN Amro has teamed up with research outfit TNO to develop "self-healing" cybersecurity software that repairs itself when under attack from viruses.

Crooks have allegedly posted the personal details of several employees of Flagstar Bank, which is the latest financial institution to suffer a data breach thanks to a vulnerability with file sharing software from vendor Accellion.

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