Financial Services Industry
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CSO Executive Sessions / ASEAN: Shakthi Priya Kathirvelu on overcoming challenges in securing fintech startups
Shakthi Priya Kathirvelu – Vice President and Head of Information Security and IT at Funding Societies | Modalku Group – joins Xiou Ann Lim for this CSO Executive Sessions interview.
P-to-P fraud most concerning cyber threat in 2023: CSI
Peer-to-peer fraud and other digital fraud constituted more than 29% of bankers categorizing it as the most worrying cyber threat in 2023, according to CSI.
What you should know when considering cyber insurance in 2023
When even the best-laid cybersecurity plans fail, cyber insurance can help mitigate an organization’s exposure to financial and operational risk—but the insurance landscape is shifting with the times.
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Financial services increasingly targeted for API-based cyberattacks
API-based attacks are sharply on the rise, as cybercriminals take aim at the financial services industry, according to a new report from Akamai.
UK finalizes first independent post-Brexit data transfer deal with South Korea
UK organizations will be able to securely transfer personal data to the Republic of Korea without restrictions by the end of 2022.
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CSO Executive Sessions / ASEAN: Darren Argyle of Standard Chartered Bank
Darren Argyle – Group Chief Information Security Risk Officer of Standard Chartered Bank – joins Xiou Ann Lim for this CSO Executive Sessions interview.
Mondelez and Zurich’s NotPetya cyber-attack insurance settlement leaves behind no legal precedent
Mondelez International and Zurich American Insurance settled a keenly watched lawsuit over how cyberattack insurance applies to intrusions from nation states during wartime. A private agreement, its resolution sheds no light on how...
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Financial losses to synthetic identity-based fraud to double by 2024
Made-up financial identities will cause losses of nearly $2.5 billion, thanks to the prevalence of imposter scams.
New cryptojacking campaign exploits OneDrive vulnerability
While currently the campaign is only involved in cryptojacking, it exploits DLL sideloading, which can be used to deploy spyware or ransomware.
16 Wall Street firms fined $1.8B for using private text apps, lying about it
The banks and brokerages were fined because employees were messaging and texting with clients without recording the communications, as required. And some of the firms' execs lied about it and deleted messages.
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CSO Executive Sessions / ASEAN: Goh Ser Yoong on lessons for Southeast Asian financial institutions
Goh Ser Yoong – CIO of Jewel Paymentech – joins Xiou Ann Lim for this CSO Executive Sessions interview.
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CSO Executive Sessions / ASEAN: Darren Argyle on the role of a CISRO
Darren Argyle – Group Chief Information Security Risk Officer of Standard Chartered Bank – joins Xiou Ann Lim for this CSO Executive Sessions interview.
Lloyd’s of London to exclude state-backed attacks from cyber insurance policies
From March 2023, Lloyd’s of London will require all its insurer groups to exclude liability for losses arising from state-backed cyberattacks.
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CSO Executive Sessions / ASEAN: Thee Boon Hoo on securing the banking industry
Thee Boon Hoo – APAC Head of Cybersecurity at MUFG – joins Xiou Ann Lim for this CSO Executive Sessions interview.
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CSO Executive Sessions / ASEAN: Muhammad Abul Kalam Azad on cybersecurity technologies
Muhammad Abul Kalam Azad – Head of IT Security and Compliance at Eastern Bank Limited – joins Xiou Ann Lim for this CSO Executive Sessions interview.
How Visa fights fraud
The financial services company has made massive investments in data and analytics to better detect and prevent fraud.
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CSO Executive Sessions / ASEAN: Andri Purnomo on securing Indonesia’s leading e-wallet
Andri Purnomo – Vice President of Information Security at DANA Indonesia – joins Xiou Ann Lim for this CSO Executive Sessions interview.
Ransomware plagues finance sector as cyberattacks get more complex
Cybercriminals have evolved from hacking wire transfers to targeting market data, as ransomware continues to hit financial firms, says a new VMware report. Here's what to do about it.