Latest Results from /security
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UK companies are failing to keep up with the requirements for sanction-screening prospective clients despite the high level of global geopolitical unrest, according to a recently published survey.
23 November 2023
Fidelity National Financial has been hit by a "cybersecurity incident" that forced it to block access to systems, leading to business disruptions.
22 November 2023
Almost three-quarters (73%) of executives working in financial services expect to eventually be replaced by Generative AI (GAI), according to a recently released study.
The imminent introduction of the EU's Digital Operational Resilience Act (DORA) will force sell-side firms to make significant changes to their third party risk management software and strategies, suggests a recently published survey.
Lynx, a Madrid-based firm using AI to detect and prevent fraud and financial crimes, has raised $!8 million in Seres A funding.
16 November 2023
Mastercard is working with NEC Corporation to push the use of facial recognition technology for instore payments in Asia Pacific.
15 November 2023
The US arm of Industrial and Commercial Bank of China has reportedly paid a ransom to restore its systems after a hack attack last week that disrupted trading in US Treasuries.
14 November 2023
Revolut is the most common recipient of Faster Payments made by crypto investment scam victims at Lloyds Banking Group, which is reporting a surge in get-rich-quick adverts on social media.
13 November 2023
The US arm of Industrial and Commercial Bank of China was hit by a ransomware attack on Thursday, forcing clients to reroute some trades.
10 November 2023
With authorised push payment fraud on the rise, the FCA says banks should strengthen anti-crime systems and must treat victims of fraud better.
07 November 2023
A contractor who worked for a major UK bank has been sentenced to four years in prison after he successfully diverted over £2 million of the bank's money into his own account.
Banking insiders working with an organised crime group have been sentenced on charges of stealing up to £1 million from customer accounts
06 November 2023
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