Tagged: security

December 11, 2022 @ 5:22 pm By Omar Faridi  |  

We recently connected with Theresa Le Chief Claims Officer at Cowbell, which claims to be the leader in cyber insurance for small and medium-sized enterprises (SMEs). Cowbell is the provider of cyber insurance for SMEs and the “pioneer” of Adaptive Cyber Insurance. Cowbell reportedly “delivers… Read More

December 5, 2022 @ 4:20 pm By Omar Faridi  |  

The team at Ledger notes that NFTs are ushering in “an artistic renaissance that has barely begun to play itself out, changing how art, music and, more broadly, culture is digitally generated, owned and exchanged forever.” As the platform to secure and manage NFTs, Ledger… Read More

December 3, 2022 @ 5:02 pm By Omar Faridi  |  

CyVers claims it is a leading provider of “proactive” Web3 Security for the centralized, decentralized finance and smart contract applications “via detection and interception of crypto attacks across blockchains.” The company has announced an $8 million investment round “led by Elron Ventures.” This funding is… Read More

December 2, 2022 @ 8:08 am By Omar Faridi  |  

Axway, a provider of API management and integration software, announced new data from its inaugural 2022 Open Everything Strategy Survey Report. Polling nearly 1,000 IT leaders, architects, and developers about their digital strategies and top concerns, the survey “found nearly 40% of organizations are in… Read More

November 27, 2022 @ 11:23 pm By Omar Faridi  |  

CertiK has unveiled “an underground ring of KYC actors for hire, used by rogue developers to scam Web3 communities.” Basic KYC verifications “are regularly effective at annoying honest retail users, but unfortunately less so at stopping determined criminals from defrauding victims and laundering their stolen… Read More

November 27, 2022 @ 7:59 pm By Omar Faridi  |  

Binance‘s management has answered a few follow-up questions from the community about “how funds and wallets are managed at Binance.” Binance explains that it “holds all of its clients’ crypto-assets in segregated accounts which are identified separately from any accounts used to hold crypto-assets belonging… Read More

November 23, 2022 @ 10:32 pm By Omar Faridi  |  

Binance Labs, the venture capital arm and accelerator of Binance, has made a strategic investment in and will be leading the upcoming Series A round of NGRAVE, a blockchain and digital asset security provider “specialized in user-friendly, maximum security solutions for crypto users, from creating… Read More

November 20, 2022 @ 11:07 pm By Omar Faridi  |  

Amidst recent escalating concerns over digital asset security, global blockchain solutions provider ChainUp Group announced that it is “utilizing the multi-party computation (MPC) technology as part of a multi-layered security architecture to ensure the highest security standards of its digital asset custody solutions.” The multi-layered… Read More

November 10, 2022 @ 1:07 pm By Omar Faridi  |  

Kris Marszalek, CEO of Crypto.com, said that they’ve shared the belief that it “should be necessary for crypto platforms to publicly share proof of reserves” and Crypto.com will be publishing their audited proof of reserves. According to the company CEO, this is “a critical moment… Read More

November 10, 2022 @ 10:27 am By Omar Faridi  |  

Living Security and CybSafe announced a new Human Risk Management Maturity Model, to serve as “a standard across the cybersecurity industry including: practitioners, analysts, vendors, and thought leaders to measure the impact of human behavior on an organization’s risk.” While several frameworks and maturity models… Read More

November 7, 2022 @ 12:12 pm By Omar Faridi  |  

Cinode has received certification “according to ISO/IEC 27001:2013, and means that the SaaS service meets the high requirements of information security, which include confidentiality, integrity, availability and protection of assets.” ISO/IEC 27001 is “an internationally recognized standard for management systems regarding information security.” It helps… Read More

November 6, 2022 @ 5:07 pm By Omar Faridi  |  

Digital asset firm Okcoin has successfully completed a security audit. This milestone is just another step in their journey of offering their customers the “safest” crypto experience in the industry, the firm claims. As noted in the update, Okcoin has successfully completed the Service Organization… Read More

November 5, 2022 @ 4:38 pm By Omar Faridi  |  

ThriveDX, the global cybersecurity education solutions provider, announced today it is prioritizing a new category in cybersecurity, “Human Factor Security”, in order “to close the global cybersecurity skills and talent gap while increasing diversity and inclusion across the industry.” Cybersecurity Ventures reported that “there are… Read More

November 3, 2022 @ 12:27 pm By Omar Faridi  |  

McAfee Corp., a global player in online protection, announced an exclusive partnership with Mastercard (NYSE: MA), a global technology company in the payments industry, “to offer Mastercard personal and small-medium size business cardholders access to online protection solutions.” In 2021, 83% of organizations “reported experiencing… Read More

November 2, 2022 @ 5:00 pm By Omar Faridi  |  

Bluefin, the integrated payments firm focused on PCI-validated encryption and tokenization technologies that protect payments and sensitive data, announced the acquisition of TECS Payment Systems, a global provider of omnichannel payment solutions to acquirers, payment service providers and POS system providers. Consumer demand for omnichannel… Read More

October 30, 2022 @ 2:07 pm By Omar Faridi  |  

Aunalytics, a data management and analytics company delivering managed IT and data platform services for mid-sized and enterprise businesses, “highlighted top security priorities to follow when reinforcing defensive security strategies against malicious cyber threats.” The guidance is “provided as Cybersecurity Awareness Month comes to a… Read More

October 11, 2022 @ 5:56 pm By Omar Faridi  |  

The protections and purchasing power of contactless payments took a step forward as Mastercard (NYSE: MA) announced the approval of the first cards for issuers that are compatible “with the new EMVCo contactless specifications designed to protect against attacks from both traditional and quantum computers.” Quantum… Read More

October 11, 2022 @ 12:17 am 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 recently announced that it has developed a new Crypto Threat Detection System (CTDS) that handles Suspicious Transaction Reporting (STR) and Counterfeit Currency Reporting… Read More

October 3, 2022 @ 11:50 pm By Omar Faridi  |  

Nasdaq (Nasdaq: NDAQ) recently announced a technology agreement with DBS Bank (SGX:D05). DBS will leverage Nasdaq’s technology as they seek “to advance its surveillance capabilities and continue to protect its clients from market abuse.” DBS Bank, a financial services group in Asia, will “leverage Nasdaq… Read More

October 2, 2022 @ 10:55 pm By Omar Faridi  |  

Maybank will fully migrate to a more secured authentication method via Secure2u by June 2023 for online activities or transactions “relating to account opening, fund transfers and payments as well as changes to personal information and account settings.” This is in line with Bank Negara’s… Read More