Tagged: cybersecurity

January 20, 2022 @ 12:46 am By Omar Faridi  |  

Embroker, which claims that it offers the easiest way to intelligently insure any business, notes that making sure your business is prepared and protected in any incident “should be top of mind.” Embroker writes in a blog post that a commercial crime policy “aims to protect… Read More

January 19, 2022 @ 8:58 am By Omar Faridi  |  

The Sentinel Protocol team, which is operating a platform leveraging blockchain technology in order to harness collective cyber security intelligence to protect crypto assets against hackers, scams and fraud, has provided an update regarding the suspicious activity incident involving Crypto.com. Through their team’s preliminary analysis,… 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

December 8, 2021 @ 10:55 am By JD Alois  |  

Cyber risk is the biggest threat to financial markets in 2022, according to a statement by The Depository Trust and Clearing Corporation (DTCC). This pronouncement should come as no surprise as the news is replete with reports of hacks and breaches by all kinds of… Read More

December 4, 2021 @ 2:59 pm By Omar Faridi  |  

Uppsala Security, a provider of security tools and services for Crypto AML/CTF, Transaction Risk Management, Regulatory Compliance, Transaction Tracking, and Cyber Security, has announced a new joint cooperation with Matrix USA, a US based firm that focuses on “building and strengthening business relationships in the… Read More

November 22, 2021 @ 11:16 am By JD Alois  |  

DarkTrace (DARK.L), a cybersecurity firm that leverages artificial intelligence (AI), has announced a “major contract” with an unnamed firm. According to a statement by DarkTrace, it is now providing services to a US-based entity that is one of the world’s largest investment management firms. “The… Read More

October 25, 2021 @ 4:48 pm By Omar Faridi  |  

Sysnet Global Solutions, a provider of cybersecurity and compliance solutions, reveals that it has acquired SecureTrust, a division of Trustwave, in order to expand its cybersecurity solutions and accelerate its ongoing market expansion. SecureTrust, a provider of Payment Card Industry (PCI) compliance, aims to offer… Read More

October 19, 2021 @ 8:48 pm By Tony Zerucha  |  

In an effort to increase awareness about a frightening cybersecurity threat that continues to impact businesses around the globe, Arkose Labs on Monday kicked off the inaugural Credential Stuffing Week. With credential stuffing (also known as password spraying or account takeover), stolen data like usernames,… Read More

October 14, 2021 @ 1:05 pm By Omar Faridi  |  

Banco Santander (NYSE: SAN) (via Santander Universities) and MIT Professional Education are providing 400 “Santander Tech | Emerging Technologies Program by MIT Professional Education” scholarships “geared at courses related to in-demand technologies such as blockchain, AI, and cybersecurity in a job market dominated by digitalization… Read More

October 11, 2021 @ 10:30 am By Omar Faridi  |  

We recently connected with Galina Likhitskaya, Vice president, Operation & Product at HashEx, an audit and consulting firm for blockchain or distributed ledger tech (DLT)-enabled projects. Galina talked about the importance of following the best or highest online security standards. She also discussed how smart… Read More

October 6, 2021 @ 9:28 pm By Omar Faridi  |  

Blockchain analysis firm Chainalysis reveals that it’s acquiring Excygent, a specialized professional services company that helps government agencies with cybercrime investigations, data processing, and lead generation. Chainalysis has collaborated with the Excygent team in order to support government agencies in investigating various high-profile cyber cases,… Read More

September 26, 2021 @ 4:10 pm By Omar Faridi  |  

Zurich Insurance Group recently entered an international partnership with Toronto-headquartered Insurtech firm BOXX Insurance (BOXX), which offers integrated cybersecurity and insurance services to SMEs, individual consumers and families. As noted by its management, BOXX Insurance Inc. is a new type of insurance firm for “a… Read More

September 4, 2021 @ 2:43 pm By Tony Zerucha  |  

A look at the projects which have raised at least $1 million on crowdfunding platform Republic provides good insight into our collective psyche and how our consumption has been affected by the COVID-19 pandemic. Topping the list is Digital Eclipse, which taps into our needs… Read More

August 31, 2021 @ 3:28 pm By Tony Zerucha  |  

The Securities and Exchange Commission (SEC) today sanctioned eight firms in three actions for failures in their cybersecurity policies. The companies were also penalized for faulty procedures that resulted in email account takeovers exposing the personal information of thousands of customers and clients at each… Read More

August 30, 2021 @ 9:00 am By Omar Faridi  |  

Hats has secured $3.5 million in seed funding in order to create an “incentivized” cybersecurity network. Hats is now live with Liquity and Kleros bounty vaults, according to an update shared with CI. Hats is described as a “decentralized” cybersecurity incentive network “governed by its… Read More

August 24, 2021 @ 11:17 pm By Omar Faridi  |  

On Monday (August 23, 2021), the US Treasury Department and the Monetary Authority of Singapore (MAS) confirmed the finalization of a bilateral Memorandum of Understanding (MoU) on Cybersecurity Cooperation. This announcement has been made during Vice President Kamala Harris’ recent trip to Singapore, where the… Read More

August 23, 2021 @ 10:37 pm By Omar Faridi  |  

The Arab Bank, one of the largest financial institutions in the Middle East, has launched its Fintech-focused corporate accelerator program, called “AB Accelerator,” in Egypt, after its successful launch in Jordan in 2018. The launch of this Fintech-related program in Egypt comes as part of… Read More

August 17, 2021 @ 11:12 am By Omar Faridi  |  

Uppsala Security, a provider of security tools and services for crypto AML/CTF, transaction risk management, regulatory compliance, and cybersecurity, revealed that it has rolled out its Digital Asset Tracking Service, a solution developed for ransomware victims as well as crypto crime “caused by theft, hacking,… Read More

August 11, 2021 @ 7:29 pm By Tony Zerucha  |  

While some form of open banking is on its way to North America, not everyone is familiar with the term, results of a new survey from API management services provider Axway suggest. Open banking is the use of APIs to unlock financial data, enabling third-party… Read More

August 10, 2021 @ 8:35 am By Tony Zerucha  |  

Cybersecurity firm Arkose Labs today unveiled its $1 million Credential Stuffing Warranty. It offers a commercial guarantee against credential stuffing attacks, covering customers up to $1 million in response expenses. The costs covered include legal consultation, forensic services, notification expenses, identity theft, and credit monitoring…. Read More