Experts uncover Elephant Beetle, an organized financial-theft operation

Sygnia announced that it has released its comprehensive report uncovering an organized financial-theft operation it has termed Elephant Beetle. For the past two years, the Incident Response (IR) team has been methodically tracking the Elephant Beetle t… Continue reading Experts uncover Elephant Beetle, an organized financial-theft operation

How can organizations ease audit overload?

A research from Vanson Bourne examines how financial services are faring with the ever-increasing challenge of audit overload. The study, which surveyed 200 U.S. IT security professionals in the financial services industry, revealed that 97 percent fin… Continue reading How can organizations ease audit overload?

Mid-market IT leadership top 2022 objective: Strengthening security

The UK’s mid-market IT leadership expects to see a shortfall in IT spend in 2022, a Node4 report reveals. Mid-market IT spend future uncertain While 52% of IT decision-makers believe their 2021 budget met the ambitions of their team, there seems to be … Continue reading Mid-market IT leadership top 2022 objective: Strengthening security

As digital shopping surges, researchers predict 8 million daily attacks

Arkose Labs released new data on the latest fraud trends, revealing increased threats during the holidays, rising bot attacks, and a resurgence in attacks on travel companies. As shoppers fill their online carts, account takeover (ATO) attacks and gift… Continue reading As digital shopping surges, researchers predict 8 million daily attacks

Finance data management initiatives constrained by lack of digital skills and maturity

Data management initiatives in the finance sector, such as data collection, integration, and automation, are being constrained by a severe lack of digital skills and maturity. This is the overall feeling amongst up to two-thirds of technical decision m… Continue reading Finance data management initiatives constrained by lack of digital skills and maturity

Fintech developers dissatisfied with their current roles, a major risk for their employers

Rapyd published a report conducted by 451 Research, to assess the market dynamics of fintech developers around the world. Key findings in the report include a growing demand for fintech developers to create payment applications and building in-house to… Continue reading Fintech developers dissatisfied with their current roles, a major risk for their employers

Streamline Customer Screening Today. Here’s How.

By Waqas
When it comes to preventing financial crime such as anti-money laundering, organizations need to make use of a customer screening process that takes human errors into account – Let’s dig deeper!
This is a post from HackRead.com Read the origin… Continue reading Streamline Customer Screening Today. Here’s How.

U.S. Department of the Treasury announces set of actions to counter ransomware

As part of the whole-of-government effort to counter ransomware, the U.S. Department of the Treasury announced a set of actions focused on disrupting criminal networks and virtual currency exchanges responsible for laundering ransoms, encouraging impro… Continue reading U.S. Department of the Treasury announces set of actions to counter ransomware

Airwallex raises $200M at a $4B valuation to double down on business banking

Business, now more than ever before, is going digital, and today a startup that’s building a vertically integrated solution to meet business banking needs is announcing a big round of funding to tap into the opportunity. Airwallex — which provides business banking services both directly to businesses themselves, as well as via a set of […] Continue reading Airwallex raises $200M at a $4B valuation to double down on business banking