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Cybersecurity

Marsh Launches Financial and Professional Protection for US Fintech Firms

Marsh, an insurance broking and innovative risk management solutions, in collaboration with Validus Specialty, an underwriter of professional liability solutions, announced the availability of FINTECH Protect, a new efficient, cost-effective financial and professional insurance solution designed to manage US-based fintech companies’ growing risks. From the time a fintech company is …

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What exactly is ‘cryptojacking’, and how can businesses respond to the spiralling cyber threat?

The National Cyber Security Centre (NCSC) published a report listing ‘cryptojacking’ as one of the biggest cyber threats facing UK businesses. The report warned that up to 55% of businesses globally are already affected by these types of attacks, and that this figure is set to only rise as attackers exploit new …

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Over 50% of businesses increased their cyber security budget last year

In an age of technology, cyber-attacks are becoming more prevalent, more frequent and more threatening than ever before. Now that the majority of institutions, particularly in the financial sector, are opting to transform their operations via new digital channels, automation and other advanced technologies, the dangers to companies are significantly …

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Menlo Security has closed a $40 million funding round

Menlo Security, speicialising in malware isolation, has closed a $40 million round in Series C funding, bringing total investment to $85 million. New investors in the round include American Express Ventures, Ericsson Ventures and HSBC. They join Menlo’s existing investors: JPMorgan Chase, General Catalyst, Sutter Hill Ventures, Osage University Partners …

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Callcredit is using Microsoft AI to catch fraudsters trying to take loans in your name

Recently Microsoft has announced that Callcredit, one of the UK’s biggest credit reference agencies, is using Microsoft’s Azure Machine Learning to spot fraudulent loans applications and protect consumers. The company, which works with lenders across the UK, partnered with Microsoft to build the next generation of predictive tools, enabling greater …

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Longest-standing CIO of RBS’ chilling new book on the real threat of data hacks & cyber terrorism!

A new kind of terrorist…Trading Down by Stephen Norman Published by Endeavour Press 9th November 2017, eBook £2.99 “If this program is run, it will destroy this bank as surely as a neutron bomb.” A chilling financial thriller that brings home the true threat of cyber terrorism, perfect for fans of …

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Recommended by us…. Cyber Security Seminar: Wednesday 13th, 8:45 – 11.00 AM, LONDON…Recommended by The Fintech Times….Attend this is you can

Cyber Security Seminar Date: Wednesday 13th September Time: 8:45 – 11:00 AM Place: Ashfords LLP, Ashfords LLP, 1 New Fetter Lane, London, EC4A 1AN How would you respond to a cyber attack? Have you thought through a response to being hacked? Or wannacried? Or phish hooked like a prize haddock? …

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Consumers Want Transaction Security Not Just Speed, Survey Reveals

Only 2% of consumers believe speed is more important than security when completing an online transaction MYPINPAD, an enabler of multi-factor authentication for touchscreen devices, such as smartphones and tablets, has launched the initial findings from its exclusive survey: Consumer Trust and Mobile Payments Growth. The unique research explores how …

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Earlymarket Invests In InsurTech Provider, Digital Risks

Early stage investor and incubator supports new digital approach to business insurance and protection against digital threats June 2017: Earlymarket LLP, an incubator and investor in early stage companies, has announced its investment in Digital Risks, a new digital-first insurance provider for technology and media businesses. The family office was impressed …

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