Cybersecurity

Cyber Breaches Threaten Company Reputation and Financial Stability
Regulatory & Compliance Cyber Breaches Threaten Company Reputation and Financial Stability

In today's digital age, cybersecurity breaches pose a significant threat not only to data security but also to a company's long-term reputation and financial stability. A recent study by ISACA highlights the profound impact of cyberattacks on an organization’s image, revealing that 78% of

How Can Fintech GCCs Safeguard Data Amid Rising Cyber Threats?
Regulatory & Compliance How Can Fintech GCCs Safeguard Data Amid Rising Cyber Threats?

As the fintech sector undergoes a rapid transformation fueled by technological advancements like artificial intelligence (AI), blockchain, and cloud computing, the role of Global Capability Centers (GCCs) has become more prominent and complex. These centers now handle vast amounts of sensitive

How Are Financial Services Adapting to Evolving Cybersecurity Threats?
Regulatory & Compliance How Are Financial Services Adapting to Evolving Cybersecurity Threats?

The financial services sector faces a rapidly evolving cybersecurity threat landscape. Financial institutions are combating a variety of cyber threats that include traditional phishing attacks and sophisticated schemes involving emerging technologies like generative AI. This article examines how

Cyberbit Secures Major Funding for North American and Global Expansion
Regulatory & Compliance Cyberbit Secures Major Funding for North American and Global Expansion

Cyberbit has announced a significant new round of funding, facilitating a strategic shift to North American ownership and bolstering its expansion efforts. This recent progress demonstrates Cyberbit's commitment to enhancing its cybersecurity solutions and broadening its global footprint.

Global Fintech Regulators: Navigating Innovation and Ensuring Stability
Regulatory & Compliance Global Fintech Regulators: Navigating Innovation and Ensuring Stability

The rapid evolution of financial technology (fintech) has had a profound impact on financial services worldwide. This transformation necessitates a robust regulatory framework to manage risks, protect consumers, and maintain market integrity. A diverse array of regulatory bodies across the globe

MAS Leads Initiative to Quantum-Proof Financial Services Cybersecurity
Regulatory & Compliance MAS Leads Initiative to Quantum-Proof Financial Services Cybersecurity

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

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