The rapidly progressing field of quantum computing promises to revolutionize many industries, but it also poses significant cybersecurity threats to existing cryptographic frameworks. Recognizing this impending risk, the Monetary Authority of Singapore (MAS) has spearheaded a collaborative
Aurascape AI, a trailblazing cybersecurity firm, is making waves in the tech industry with its recent closure of an oversubscribed seed funding round, which successfully raised $12.8 million. This achievement is a landmark for the company, given its inception in 2023, and signals a promising future
How Will Experian's Purchase of NeuroID Transform Fraud Prevention? The landscape of fraud prevention has undergone significant changes in recent years, driven by the rise of sophisticated AI-driven fraud attempts. In a strategic move to stay ahead of these threats, Experian, a leading global data
In a groundbreaking initiative, the Monetary Authority of Singapore (MAS) is set to embark on trials aimed at fortifying banking cybersecurity against the looming threats posed by quantum computing. This effort marks a concerted move to proactively navigate the anticipated challenges of the quantum
The explosive growth of the fintech industry has introduced fresh challenges and opportunities for financial services worldwide. As innovative technologies unravel new possibilities, regulatory bodies have stepped in to ensure stability, secure data practices, and protect consumers. The efforts of
The Digital Operational Resilience Act (DORA), which took effect on January 16, 2023, is a crucial piece of legislation designed to bolster the digital resilience of the financial sector. It aims to ensure that financial entities can continue to operate through severe operational disruptions by
