Security/Compliance

Acronis Announces a $147 Million Investment Round Led by Goldman Sachs

Acronis, a global leader in cyber protection, today announced a $147 million investment round led by Goldman Sachs. The investment round sets the valuation of the company to over one billion dollars and enables Acronis to expand its engineering team in Singapore, Bulgaria and Arizona, build additional data centers, and grow through acquisitions. Read more »

New nCipher HSM as a Service delivers high-assurance security for organisations adopting cloud-first strategies

nCipher Security, an Entrust Datacard company, announces nShield as a Service, a cloud-based hardware security module (HSM) service that allows organisations to protect sensitive data and applications and helps meet compliance mandates – simply and efficiently, using on-demand cryptography. Read more »

Carlo di Florio joins ACA Compliance Group as Chief Services Officer

ACA Compliance Group (“ACA”) announced today that Carlo di Florio has joined ACA’s leadership team as Global Chief Services Officer (“CSO”). Read more »

Largest Cybersecurity Fair in Central and Eastern Europe, where CYBER meets SECURITY

European Cybersecurity Forum CYBERSEC has already become one of top cybersecurity events in Europe. This year, CYBERSEC will be organised for already the 5th time and in order to celebrate the event’s successful run, the organisers have gone one step further and have come up with an entirely new format: CYBERSEC EXPO. Read more »

Attacks using IoT devices and Windows SMB escalate in 2019

Cyber criminals upped the intensity of IoT and SMB-related attacks in the first half of 2019, according to a new F-Secure report, “Attack Landscape H1 2019”. The report underscores the threats IoT devices face if not properly secured when online, as well as the continued popularity of EternalBlue and related exploits two years after WannaCry. Read more »

Exness partners up with Sumsub for fraud protection assistance and globally inclusive AML compliance

Scalable automated solution Sumsub provides trading market giant Exness with a unified gate to general AML/KYC due diligence, and regulatory compliance, slashing costs in half.  Read more »

F-Secure Countercept continues to win trust from US enterprises

F-Secure Countercept, an award-winning managed detection and response (MDR) solution from cyber security provider F-Secure, has won the trust of another US-based enterprise in a new deal. The contract, valued at over one million dollars (USD) per year, affirms F-Secure Countercept’s position as a world-class solution that enterprises trust to help them contain today’s increasingly advanced threats. Read more »

TruNarrative provides cutting-edge compliance platform for FinTech money innovator Tally®

Financial crime and compliance software firm TruNarrative has been appointed by cutting-edge banking app Tally®, to enhance the customer onboarding and identity verification processes. Tally® is the first banking app to offer consumers an alternative physical asset currency for everyday spending – where one Tally® is one milligram of vaulted gold owned by the customer – through the Tally® platform and debit Mastercard®, like a regular bank... more Read more »

F-Secure joins Broadband Forum to help shape Connected Home security standards

F-Secure has joined Broadband Forum, the communications indus Read more »

Wolters Kluwer Wins Waters Technology Award for Market Risk

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 »

FCA agrees plan for a phased implementation of Strong Customer Authentication

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 Announced the Launch of DrawbridgeConnect™ Platform

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 »

Serious security issue in F5’s BIG-IP could lead to cyber breaches en masse

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 »

MAS Issues New Rules to Strengthen Cyber Resilience of Financial Industry

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 Successfully Implements OneSumX for Finance at Small Medium Enterprise Development Bank Malaysia Berhad

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 »

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