CybersecurityRSS

Yes Fintech calls on fintech start-ups worldwide to apply for second cohort

Investment funding

Yes Bank, one of the largest banks in India, us calling for start-ups to apply for the second cohort of its Yes Fintech innovation programme.

Intel and Tencent team up for blockchain tech

china-square-flag

Chinese investment holding company Tencent and US-based Intel have joined forces to co-operate on blockchain projects.

What we learnt at CloudSec: life, death and Twitter

Death and smartphone

Before you get too excited about the down and dirty world of cloud security, we should warn you this is more of a light-hearted report on the quirky things our sister publication Telecoms.com picked up at the CloudSec conference.

Paytech cybersecurity firm Payfont goes bust

Payfont is no more

Payfont, an Edinburgh-based paytech company, has gone bust. Business advisory firm Johnston Carmichael has been appointed as administrator.

Cyberattack on Equifax threatens 143m US consumers

Equifax Canada

Information specialist Equifax has revealed a cybersecurity incident potentially impacting approximately 143 million US consumers. It says criminals exploited a US website application vulnerability to gain access to certain files. Based on the company’s investigation, the unauthorised access occurred from mid-May through July 2017. The company has found “no evidence of unauthorised activity on Equifax’s […]

IBM and MIT team up for AI research

Robots

IBM will make a ten-year, $240 million investment to create the MIT–IBM Watson AI Lab as the duo seek to unlock the potential of artificial intelligence (AI). The collaboration with Massachusetts Institute of Technology (MIT) aims to advance AI hardware, software and algorithms related to deep learning and other areas, increase AI’s impact on industries, […]

Overcoming board-level cybersecurity obstacles in the financial services industry

Dottie Schindlinger, Diligent

Today’s financial services institutions are challenged to keep pace with changing and covert cybersecurity threats. Since financial institutions are among some of the most appealing targets for hackers, it is critical for these organisations to remain extra vigilant about securing confidential information.

Be honest about digital transformation, it’s a risky business – BT Security CEO

CloudSec 2017 panel

The risks are big, but the opportunities are even bigger; that’s why only the bravest are making the most of the digital economy to date.

Perseus start-up seeks to shield German SMEs from cyber threats

Perseus logo

Berlin-based cybersecurity start-up Perseus is seeking to become a legend for the country’s SME market with a “one-stop solution”. According to fintech incubator FinLeap, which is behind the venture, more than 70% of German companies were affected by cybercrime activities within the last two years, but only one out of ten SMEs holds an insurance […]

NextLabs and NIST team for access rights management framework in financial services

cyberecurity

National Institute of Standards and Technology (NIST), an agency of the US Department of Commerce promoting innovation and industrial competitiveness, and cybersecurity tech specialist NextLabs have partnered to develop a framework for implementing and administering access rights management (ARM) in the financial services sector.

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