Tag: hack attack

Will cybersecurity remain the biggest RegTech sector in the world?

No other RegTech sector has attracted as much investment as cybersecurity companies – and it doesn’t seem like that’s going to change anytime soon.

The FBI warns of a rise in coronavirus-related phishing fraud

Cyber criminals are increasingly trying to leverage people’s fear about the global pandemic to steal people’s money, the US Federal Bureau of Investigations warn.

Finastra’s systems are back online after Friday’s ransomware attack

London-based FinTech company Finastra took down some of its services over the weekend after noticing a hack attack. Now, parts of the services are reportedly back online.

A financial fraud attack uncovered every two minutes in Q4 of...

The number of financial fraud attacks increased at the end of 2019, according to a new report from RSA, the cybersecurity company.

It’s official: these are the most and least cybersecurity-safe countries in...

Some countries are simply better at creating and using digital defences than others. Now a new study has revealed an official ranking.

Hacking more frequently used than malware in cyberattacks in 2019

Cybercriminals seem to favour new spins on the old school hacking methods over using malware, according to new report from CrowdStrike, the cybersecurity firm that recently partnered with eSentire.

Travelex downgraded after crippling cyberattack and coronavirus cut £25m of its...

Analysts have downgraded foreign exchange Travelex’s credit rating due to questions of its governance as well as its losses from the coronavirus and a hack attack earlier this year.

E-commerce to drive cybersecurity market to be worth $281.74bn by 2027

The cybersecurity market is expected to grow considerably in the years to come, with e-commerce driving the growth.

Hackers have stolen payment details from Rutter’s petrol stations and stores

Petrol station and stores chain Rutter’s has fallen to a malware attack which compromised its customers’ payment card data.

Cybersecurity is the hardest risk to manage for finance professionals

Financial services firms must deal with various risks. However, some are more difficult to handle than others.

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