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Source: FS-Isac

FS-ISAC, the member-driven, not-for-profit organisation that advances cybersecurity and resilience in the global financial system, and Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, released new research on the surge of distributed denial-of-service (DDoS) attacks threatening the financial services sector and its customers.

Last month, a federal agency responsible for cybersecurity found itself targeted in a hacking incident, leading to the shutdown of two critical computer systems, according to a spokesperson for the agency and sources familiar with the matter speaking to CNN.

Source: NICE Actimize

NICE Actimize, a NICE (NASDAQ: NICE) business, today announced the launch of ARCHIVE-X, a cloud-based, all communications-in-one archiving and records management solution for financial services firms.

UniCredit, one of Italy's leading financial institutions and the country's second-largest bank, has found itself in the spotlight once again, this time facing a substantial fine of €2.8 million (£2.3 million) from Italy's data protection authority. The penalty stems from a data breach incident that unfolded in 2018, marking a significant setback for the banking giant.

Source: FIS

Global financial technology leader FIS® (NYSE: FIS) has today announced that applications are open for the FIS Fintech Accelerator 2024, its flagship program that supports fintech innovation and growth.

Source: Bank of Ireland

Bank of Ireland has announced an investment of €50 million on customer fraud prevention and protection.

Source: Trustly

Socure, the leading provider of artificial intelligence for digital identity verification, sanction screening and fraud prevention, and Trustly, a leading global Open Banking payments provider, today announced an industry-first partnership to offer merchants and fintechs a streamlined onboarding and guaranteed Pay by Bank solution.

Source: BNY Mellon

BNY Mellon has appointed Gary Delaney as International Chief Information Security Officer (CISO).

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