cybersecurity - page 6

Blockchain & Crypto

BIS to Focus on Cybersecurity, CBDCs and Green Finance in 2024

The Bank for International Settlements (BIS) announced its work program for the year, which includes six new projects exploring the issues of cybersecurity, fighting financial crime, CBDCs and green finance.

News

JPMorgan Chase Says About Increase in Hacker’s Activity

JPMorgan Chase reported that over the past 12 months, there has been a daily increase in the intensity of hacker activity aimed at attempting to infiltrate the systems of this financial institution.

Finance & Economics

China Orders Banks to Review Cyber and Data Security

In China, local authorities have appealed to banks and insurance companies with a strong recommendation to inspect security systems, focusing in this case on issues such as data protection and anti-cybercrime tools.

Fintech & Ecommerce

Canada Reportedly to Use AI to Combat Money Laundering

The media reports that in Canada it is planned to start using artificial intelligence as a tool to combat money laundering.

News

McAfee Presents AI-Powered Deepfake Audio Detection

At CES 2024, McAfee presented a technology for detecting audio deepfakes based on artificial intelligence called Project Mockingbird.

News

ECB to Test Banks’ Ability to Recover From Cyberattack

The European Central Bank (ECB) will conduct a stress test of 109 financial institutions under its direct supervision on the ability to restore the functioning process after cyber attacks.

News

Enhanced Blockchain Security Brought Crypto Hack Losses Down 51% in 2023

The state of Web3 and blockchain security improved over the past year, causing a twofold decrease in losses to crypto hacks and other cybersecurity incidents.

Science & Technology

OpenAI Adopts Preparedness Framework to Mitigate AI Risks

The Preparedness Framework by OpenAI aims to track, evaluate, and forecast risks posed by increasingly powerful AI models to enhance a systemic approach to protection.

Fintech & Ecommerce

Salv Raises $4.3 Million

Salv, an Estonian-based provider of solutions to combat financial crimes, reported that it was able to raise financing for 3.9 million euros ($4.29 million).

Events

ENBANTEC Cyber Security Conference and Exhibition

ENBANTEC Cyber Security Conference and Exhibition will be held on 04 June 2024 in Istanbul, Turkey. ENBANTEC is a global conference which is one of the most important and prestigious conferences in EMEA region with its focus on Cyber Security, IT Security, Network Security, Data Security, Cloud Security, Mobile Security, Endpoint Security and Identity and […]

Articles

How Deepfake Scams Affect the Payment Industry and What Can Be Done

Deepfake imposters are increasingly targeting unsuspecting victims, raising alarm among all payment industry players. How do you protect your organisation and clients from highly realistic online masks and voices generated by computer technology? 

Fintech & Ecommerce

Lloyd’s Reports Potential Global Consequences of Payments System Cyber Attack

Insurance marketplace Lloyd’s of London reported that in the event of a large-scale cyberattack on the systemic payment system, the global economy may face a consequence in the form of damage for $3.5 trillion.

News

Amazon, Microsoft and India Authorities to Fight Fraud

The e-commerce giant Amazon and Microsoft, one of the leaders of the global technology sector, reported on cooperation to ensure a high level of consumer protection from fraudulent methods involving the actions of an attacker on behalf of another person or any organization on an illegal basis.

Science & Technology

OpenAI Develops Tool to Detect AI-Generated Images

OpenAI is currently working on creating a tool to detect images that have been created using artificial intelligence.

Science & Technology

Reality Defender Raises $15 Million to Detect Deepfakes

Reality Defender, a startup developing tools for detecting deepfakes and other content created by artificial intelligence, announced that it managed to raise investments for $15 million.

News

E-KYC Surges in Africa

Innovative e-KYC verification solutions are growing in Africa, just as businesses across the continent are increasingly moving online.