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Singapore Authorities Issue Warning on Akira Ransomware Threat

Fintech News

The Cyber Security Agency of Singapore (CSA), the Singapore Police Force (SPF) , and the Personal Data Protection Commission (PDPC) have issued a warning to organisations about the Akira ransomware variant, which has been targeting businesses across various sectors.

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Securing Your Wealth: How Cybersecurity Affects Investment Decisions

VISTA InfoSec

The Impact of Cybersecurity on Businesses & What an Investor Should Consider Cybersecurity measures protect systems, networks, and data from digital attacks like malware, phishing attacks, and ransomware because cybersecurity breaches impact a business negatively.

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Cyber security measures for small and medium enterprises (SMEs)

VISTA InfoSec

Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. SMEs face numerous cyber security threats that can jeopardize their operations and financial stability, with phishing attacks, malware, and ransomware being among the most common.

Security 130
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Cyber security measures for small and medium enterprises (SMEs)

VISTA InfoSec

Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. SMEs face numerous cyber security threats that can jeopardize their operations and financial stability, with phishing attacks, malware, and ransomware being among the most common.

Security 130
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Cohesity Reveals over 9 in 10 UK Firms Have Paid Ransoms Despite Alleged “No Pay” Stances

The Fintech Times

Despite many organisations putting forward a defensive stance that they will never pay out a ransomware attack, research from Cohesity , the AI-powered data and security firm, has revealed that over 97 per cent of UK firms have paid a ransom in the last two years. Many organisations also said they would pay a ransom to reduce disruption.

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The Role of Artificial Intelligence in Cybersecurity within Fintech

Fintech Review

Phishing attacks, ransomware, and data breaches are increasing in both frequency and sophistication. This rapid response minimises damage and ensures business continuity. We explore the role of AI in enhancing cybersecurity within fintech, highlighting its capabilities, limitations, and potential future applications.

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91.1% of Organisations Impacted by AI-Enhanced Phishing Attacks, Acronis Reports

The Fintech Times

Candid Wüest, VP of product management at Acronis Candid Wüest , VP of product management at Acronis, explained: “There’s a disturbing trend being recognised globally where bad actors continue to leverage ChatGPT and similar generative AI systems to increase cyber attack efficiency, create malicious code, and automate attacks.