Remove Compromise Remove Mitigation Remove Phishing
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Cybertech: Securing the Foundations of Finance

Fintech Review

The risks range from phishing and account takeovers to ransomware and insider threats. Cybertech helps mitigate these risks by securing each layer of the stack from device authentication to back-end systems. It allows them to scale rapidly without compromising security.

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The state of fraud in 2024: Key mid-year takeaways

The Payments Association

Payment leaders must focus on fraud prevention, collaboration with tech and telecom sectors, and public education to mitigate future risks. Whether through fake profiles, phishing emails, or fraudulent advertisements, criminals are finding new ways to manipulate people into sharing their financial details or authorising payments.

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The Business Case for Absolute Crypto Theft Protection.

Finextra

It provides absolute peace of mind against: Private Key Compromise: If a users private key is compromised (e.g., through phishing, malware, or a brute-force attack), the solution ensures the recovery of ETH-pegged tokens in the protected account. It offers a clear risk mitigation strategy that aligns with their fiduciary duties.

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Navigating the AI Paradox in Banking: Strategies for Value Realization and Futureproofing

Finextra

This data hygiene issue fundamentally compromises AI model performance, leading to inaccurate insights, increased operational costs, and diminished ROI. Legacy systems prevalent in many traditional banking institutions often result in fragmented, inconsistent, and often poor-quality data housed in isolated silos (Accenture, 2021).

AI
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52% of Firms Assign Operational Technology Cybersecurity to Executives

Fintech News

Organisations with higher OT security maturity show stronger resilience to threats such as phishing and more advanced techniques, including persistent attacks and OT-specific malware. Strengthened cyber hygiene, increased employee awareness and improved training programmes have led to a reduction in business email compromise attacks.

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How Family Offices Are Advancing Digital Security Standards

Finextra

By implementing these measures, family offices drastically reduce the risk of breaches caused by compromised logins. Without proper protection, hackers can intercept emails or exploit vulnerabilities in messaging platforms, compromising sensitive information. Encryption is a key solution here.

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Understanding the Cyber Risks in Video Communication

VISTA InfoSec

However, this convenience comes with significant cyber risks that can compromise sensitive information and privacy. Therefore, this article explores the common cyber threats in video communication and provides strategies to mitigate them. Common Cyber Risks in Video Communication Video communication offers numerous benefits.