Wolters Kluwer’s Finance Risk & Reporting (FRR) business is the Best Market Risk Solution Provider, according to Waters Technology, the 35-year-old journal of record for the financial technology industry. The award was part of the annual Waters Technology Rankings, a survey which “should be considered a reflection of how financial technology professionals view their peers in terms of overall quality of service,” according to the magazine’s... more Read more »
From 14 September 2019, new European Union (EU) rules will start to apply that impact the way in which banks or payment services providers verify their customers identity and validate specific payment instructions. The new rules, called Strong Customer Authentication (SCA), are intended to enhance the security of payments and limit fraud during this authentication process. Read more »
Drawbridge Partners, a premier cybersecurity services firm specializing in the needs of hedge fund and private equity managers, today announced the launch of DrawbridgeConnect™, an automated management platform which allows firms the ability to manage all aspects of their cybersecurity program. Read more »
Cyber security provider F-Secure is advising organizations using F5 Networks’ BIG-IP load balancer, which is popular amongst governments, banks, and other large corporations, to address security issues in some common configurations of the product. Adversaries can exploit these insecurely configured load balancers to penetrate networks and perform a wide variety of attacks against organizations, or individuals using web services managed by a... more Read more »
The Monetary Authority of Singapore (MAS) today issued a set of legally binding requirements to raise the cyber security standards and strengthen cyber resilience of the financial sector. The Notice on Cyber Hygiene sets out the measures that financial institutions must take to mitigate the growing risk of cyber threats. The Notice will make compulsory key elements in the existing MAS Technology Risk Management (TRM) Guidelines. Specifically, it... more Read more »
Wolters Kluwer’s Finance Risk & Reporting (FRR) business has successfully deployed its OneSumX for Finance software at Small Medium Enterprise Development Bank Malaysia Berhad (SME Bank), allowing the bank to fully implement the Malaysian Financial Reporting Standards (MFRS) 9. SME Bank, an agency of the Ministry of Entrepreneur Development, has a mandate to nurture and develop the small and medium enterprise sector in Malaysia. Read more »
Thieves have been stealing money from banks since the 18th century. And while today’s thieves use cyber attacks to steal money from financial institutions, a new report from cyber security provider F-Secure shows that the range of threats facing organizations working directly and indirectly with the global finance sector go far beyond traditional theft. Read more »
The securities servicing industry may be near a tipping point in adopting Application Program Interfaces, or APIs, as firms pursue improved efficiency and new business models. A new report published today by SWIFT and the Boston Consulting Group found that API interest is rapidly growing in the post-trade area. Over the course of 2018 alone, awareness of APIs among asset managers increased 26 percentage points to 72%, according to a BCG survey.... more Read more »
Mirabella Group, the regulatory hosting arm of ACA Compliance Group, today announced that it has enhanced its hosting services in Malta by adding a Tied Agent solution to its existing alternative investment fund manager (AIFM) service. This new solution helps non-European Economic Area (EEA) firms to interact with their EEA clients using MiFID passporting. Read more »
Radware® a leading provider of cyber security and application delivery solutions, today announced that its industry-leading SSL DDoS attack protection, DefenseSSL®, now features behavioural-based algorithms for keyless protection against HTTPS flood attacks. For the first time, organisations have the scale needed to effectively mitigate HTTPS floods. Read more »
OneSpan™ (NASDAQ: OSPN), a global leader in software for trusted identities, e-signatures and secure transactions, today announced that Avaloq, a global fintech leader and provider of software as a service (SaaS) and business process as a service (BPaaS) solutions to financial institutions processing more than $4.5 trillion in assets, has integrated OneSpan solutions into its cloud-based banking platform. Read more »
Specialist provider of tech and cyber-security staffing solutions, La Fosse Associates, has launched a first-of-its-kind pro bono recruitment and advisory practice to help charities combat the threat of a cyber-attack on their organisations. La Fosse Pro Bono will operate with charities throughout the U Read more »
NTT Security, the specialised security company and centre of excellence in security for NTT Group, has launched its inaugural Women in Cybersecurity Awards as part of an initiative to recognise and inspire talented female professionals and newcomers in the cybersecurity industry. Read more »
F-Secure Countercept was announced as the winning solution in the Excellence Awards: Best Advanced Persistent Threat (APT) category at the 2019 SC Magazine Awards Europe. F-Secure was also runner-up in the Best Security Company category, recognized as ‘highly commended’. F-Secure Countercept is a fully-managed threat hunting service which detects the most skilled attackers within minutes. Providing around-the-clock coverage, it’s designed to... more Read more »
Identitii Limited (Identitii, Company) (ASX:ID8) the FinTech company enabling banks and corporates to securely exchange intelligent information in real-time, has won the award for Best Workplace Diversity at The Finnies, FinTech Australia’s annual awards program. The award recognises the FinTech’s that have created an inclusive environment that accepts each individual’s differences, embraces their strengths and provides opportunities for all... more Read more »
