Search Results for: cybersecurity services

October 27, 2023 @ 4:44 pm By Omar Faridi  |  

Accenture (NYSE: ACN) has acquired MNEMO Mexico, a privately held company specializing in managed cybersecurity services. Financial terms were not disclosed. Founded in Mexico City in 2012, MNEMO Mexico “has 229 cybersecurity professionals and 180 cybersecurity industry certifications with key ecosystem partners.” The company’s portfolio… Read More

August 3, 2017 @ 2:48 pm By Samantha Hurst  |  

Dash, a payments-focused digital currency, announced on Thursday it has formed a partnership with Bugcrowd, a crowdsourced security testing company, for cybersecurity services. Dash revealed the partnership will enable thousands of security researchers to be incentivized into identifying critical software vulnerabilities within its code and present… Read More

September 8, 2024 @ 4:12 pm By Omar Faridi  |  

With the increasing reliance on digital processes, tools, and the economy itself, the financial services sector faces heightened exposure to operational risks, particularly Information and Communication Technology (ICT) risks. The latest volume of the Malta Financial Services Authority (MFSA)’s publication, “The Nature and Art of… Read More

July 1, 2022 @ 12:14 pm By Omar Faridi  |  

Thrive, a provider of cybersecurity and digital transformation managed services, announced  that it has acquired Connecticut-based Edge Technology Group, a global technology advisory and fully-managed IT service provider for alternative investment managers. The acquisition of Edge Technology Group “adds new global offices and data centers… Read More

December 22, 2021 @ 10:30 pm By Omar Faridi  |  

ECI, the managed services and cybersecurity provider for the global financial services industry, announced that Matthew McNulty has joined the firm as Chief Revenue Officer. McNulty reportedly brings over 20 years of professional experience in various sales strategies and execution for cybersecurity, digital transformation, and… Read More

June 19, 2019 @ 6:48 am By JD Alois  |  

Late last month, the New York Department of Financial Services (DFS) announced the creation of a new Cybersecurity Division. The new Division is described as a first of its kind by DFS. Acting DFS Superintendent Linda A. Lacewell appointed Justin Herring as Executive Deputy Superintendent… Read More

April 26, 2017 @ 6:37 am By JD Alois  |  

oin us at FinTech Week NYC to explore how financial technology can be utilised as a tool in protecting businesses, government agencies and individuals against cyber-attacks. The Threat is Real: Financial Services, FinTech and Cybersecuritywill provide an opportunity to examine how (now more than ever)… Read More

March 13, 2025 @ 7:49 pm By Omar Faridi  |  

Valid accounts are increasingly being leveraged as an initial attack vector and as part of cyberattacks in 2024, representing 31.4% of cases. This, according to a cybersecurity update from Kapersky. Public-facing apps still hold the top position “with 39.2% of cases.” These research findings were… Read More

March 10, 2025 @ 11:10 am By Omar Faridi  |  

To address the rapidly evolving cybersecurity landscape, Verizon Business (NYSE, Nasdaq: VZ) and Accenture (NYSE: ACN) announced a partnership to accelerate the development and delivery of advanced cybersecurity solutions. The agreement aims to help businesses of all sizes mitigate a range of growing threats, “from… Read More

March 3, 2025 @ 9:46 am By Omar Faridi  |  

According to the latest Kaspersky Managed Detection and Response (MDR) analyst report, advanced persistent threats (APTs) have been detected in 25% of companies, accounting for over 43% of all high-severity incidents. This marks a staggering 74% increase compared to 2023. The Managed Detection and Response… Read More

February 27, 2025 @ 11:12 pm By Omar Faridi  |  

The financial landscape is undergoing a significant transformation, driven by the rise of open banking and the power of Application Programming Interfaces (APIs), according to an update from Juniper Research. A recent report from Juniper Research, titled “Open Banking APIs: Facilitating the Future of Finance,”… Read More

February 5, 2025 @ 10:18 pm By Omar Faridi  |  

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs) and middle-market businesses, launched a Cowbell Resiliency Services (CRS) unit in response to a rise in the frequency, severity, and diversity of cyber threats as a “complement” to its existing risk management program…. Read More

January 26, 2025 @ 6:54 pm By Omar Faridi  |  

New York State Department of Financial Services Superintendent Adrienne A. Harris announced that PayPal, Inc. (NASDAQ: PYPL) will pay a $2 million penalty to New York State for violations of DFS’s Cybersecurity Regulation. An investigation determined PayPal failed to use qualified personnel to manage key… Read More

January 16, 2025 @ 7:02 pm By Omar Faridi  |  

Mastercard (NYSE: MA) is partnering with Northeastern University in Vancouver to accelerate cybersecurity innovation and expand Canada’s technology workforce. Through 715,000 CAD, the collab will establish the Mastercard Professorship Fund and the Mastercard Vancouver Scholarship, initiatives designed to advance research and create “opportunities for women, BIPOC… Read More

December 10, 2024 @ 3:00 pm By JD Alois  |  

The team at the Cambridge Centre for Alternative Finance (CCAF), along with the WEF [World Economic Forum] and Max Planck Institute, have published a report on Artificial Intelligence (AI), claiming that Agentic AI is poised to revolutionize financial services. Agentic AI is tech that can… Read More

December 4, 2024 @ 11:02 pm By Omar Faridi  |  

When it comes to cybercriminals and threat vectors, “expect the unexpected.” Experian’s Data Breach Industry Forecast noted while sharing key predictions for 2025 covering a range of potential trends with AI at the forefront including growing sources of threats such as “AI-savvy teens and fresh… Read More

November 28, 2024 @ 11:21 am By Omar Faridi  |  

Organizations must prepare for the growing risk of unplanned technology outage events, driven by a rise in cloud service provider outages and an increased frequency of industry-wide Single Point of Failure events, CyberCube has cautioned. CyberCube, a provider of advanced cyber risk analytics, stated in… Read More

November 22, 2024 @ 8:46 am By JD Alois  |  

The Bank of England and the Financial Conduct Authority (FCA) have jointly published a report indicating that 75% of financial firms already use artificial intelligence (AI). AI rocketed to public perception following the release of ChatGPT. Consumer development of AI fueled a need for all… Read More

November 21, 2024 @ 11:20 am By Omar Faridi  |  

In Q3 of 2024, Kaspersky professionals reportedly discovered that the number of users encountering apps that “pose” as free VPNs increased by 2.5 times compared to Q2 globally. These apps were malware or programs that could be potentially used by malicious actors. The update from… Read More

November 17, 2024 @ 6:09 pm By Omar Faridi  |  

Kaspersky is announcing the opening of its latest Transparency Center in Seoul, South Korea, reaffirming its commitment to delivering the best security assurance for its products and services. Located in the Kaspersky office, the new facility will provide “the company’s stakeholders with services ranging from… Read More