Cybersecurity

Computer security, cybersecurity or information technology security is the protection of computer systems from the theft of or damage to their hardware, software, or electronic data, as well as from the disruption or misdirection of the services they provide.

Source: en.wikipedia.org

Cyber Insurance Firm Baobab Secures $4m in Pre-Seed Round
Cyber Insurance Firm Baobab Secures $4m in Pre-Seed Round
January 18, 2022  |  Investments

The timing couldn’t be better for Baobab, the Berlin-based cyber insurance company, to raise $3.5 million euros ($4 million) in pre-seed financing. Cybercriminals are operating...

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Today in FinTech: Tax Startup April Banking on Faster Refunds; ATMs Bridge Digital, Physical Bank Divide; Verification Key to Securing Digital Payments
Today in FinTech: Tax Startup April Banking on Faster Refunds; ATMs Bridge Digital, Physical Bank...
January 18, 2022  |  Technology

In today’s top FinTech news, faster payments are always better and sometimes old technology can bring about new connections in a digital-first world. However, verification...

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nsKnox: 2021 Was the Year of WFH and Increased Fraud
nsKnox: 2021 Was the Year of WFH and Increased Fraud
January 18, 2022  |  Opinion

Working from home gave fraudsters new vulnerabilities to exploit as companies were forced to reinvent business processes using distributed teams. Nithai Barzam, chief operating officer...

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Managing Remote FinTech Risk: In Digital Payments We Trust, But Verify Continuously
Managing Remote FinTech Risk: In Digital Payments We Trust, But Verify Continuously
January 18, 2022  |  Fraud Prevention

The pandemic’s social and digital disruption has exposed organizations to increased risks of becoming victims of cybercrime. Many businesses had to transition employees to working...

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If You Were a Victim of Payment Fraud, Would You Know?
If You Were a Victim of Payment Fraud, Would You Know?
January 17, 2022  |  Security & Fraud

How long would it take you to realize you were the victim of payments fraud — an hour? A day? A week? According to PYMNTS’...

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‘Unauthorized Activity’ Leads to Withdrawal Suspension on Crypto.com
‘Unauthorized Activity’ Leads to Withdrawal Suspension on Crypto.com
January 17, 2022  |  Security & Fraud

Cryptocurrency exchange Crypto.com suspended withdrawals on its platform on Monday (Jan. 17) after users reported “unauthorized activity” on the platform. According to a CoinDesk report,...

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How Credit Unions Are Fighting Online Fraud
How Credit Unions Are Fighting Online Fraud
January 17, 2022  |  Credit Unions

When you think of a credit union (CU), it’s easy to picture a place that values member relations and face-to-face banking. While this business model...

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China’s Xiaomi Champions New Global Common Standards for IoT Security
China’s Xiaomi Champions New Global Common Standards for IoT Security
January 17, 2022  |  Internet of Things

Chinese consumer electronics and smart manufacturing company Xiaomi is championing a new global standard for artificial intelligence (AI) and internet of things (IoT) security that...

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Regulators to Exchanges: Prepare to Go Hybrid
Regulators to Exchanges: Prepare to Go Hybrid
January 14, 2022  |  Regulation

The world’s securities regulators are considering whether to strengthen exchanges given the high trading volatility demonstrated during the pandemic. The International Organization of Securities Commissions...

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