The portal will also be used to disseminate information about preventive measures firms can take to reduce the risks and impacts of cyber threats.
April 3, 2022FinTIP leverages machine algorithms and human experts to correlate, normalise, enrich, and sanitise contributed data to produce "real-time actionable intelligence".
October 4, 2021Banks are asked to critically assess the need to set up a secure tertiary data backup to guard against destructive cyber attacks.
May 19, 2021The revised guidelines set out higher expectations for FIs in technology risk management, including for assessments of third-party suppliers.
January 19, 2021The Centre will groom talent and raise awareness of the importance of cybersecurity among digital platforms, fintechs, financial institutions and other sectors.
September 7, 2020The hacking team uses various techniques to gain access to banks' SWIFT terminals to enable wire fraud or their payment switch application servers to enable ATM cash-outs.
August 30, 2020In a VMware Carbon Black report, financial services firms cited a rise in attack frequency and sophistication, with custom malware the most frequently experienced attack.
July 24, 2020The launch comes as cyber criminals look to leverage the uncertainty and panic around Covid-19 for financial fraud, scams, and other malicious activity.
May 13, 2020US authorities may be signalling their intent to increasingly use the PATRIOT Act to gain access to foreign bank records in DPRK sanctions investigations, says Nick Turner at Steptoe & Johnson.
May 5, 2020The advisory highlights the powers US agencies have to subpoena foreign FIs that maintain a correspondent bank account in the US to gain access to customer records stored overseas.
April 22, 2020