Financial institutions stories - Page 1

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

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

The Asia Pacific faces a surge in fraud, with sophisticated methods like deepfakes pushing financial institutions to rely on AI and machine learning to combat evolving threats, Forrester reports.

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

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.

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

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

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.

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

Entrust's nShield 5 HSMs achieve FIPS 140-3 certification, securing their place among top vendors for robust data security. Enhanced speed and crypto-agility set a new industry standard.

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

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

Rich Data Co secures USD $9 million boost from Acorn Capital, elevating total Series B funding to USD $37 million. Funds to drive North America expansion.

QuantHouse partners with Quod Financial to supply low-latency data, enhancing AI-driven trading algorithms and real-time transaction cost analysis.

Bridewell research reveals 59% of financial services businesses have faced ransomware attacks in the past year, with legal fines and reputation damage as key repercussions.

Transmit Security's latest report reveals a surge in AI-driven fraud scams, highlighting dark web marketplaces and tools like FraudGPT that empower even novice fraudsters.

New research by Foundry and Keepit reveals that 30% of firms lack data recovery plans for financial systems, exposing critical vulnerabilities in enterprise IT.

Siemon appoints Trey Somers as VP of Product Management to lead global product team, aiming to innovate and adapt to market needs. Somers brings 20+ years' expertise.

Rimini Street is set to revolutionise tech support in the financial sector, offering robust and cost-effective solutions for digital transformation.

Alveo merges with Gresham Technologies to form a data automation titan, aimed at revolutionising data management and efficiency for global financial markets.