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DFSA Warns of Rising AI-Driven Cyber Threats and Calls for Global Regulatory Collaboration

The Fintech Times

It also explains that, while regulators are generally well-versed in operational risk, the concept of operational resilience, particularly in the context of systemic cyber risks, remains less developed in supervisory approaches.

AI
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Worldline Announces a Renewed Management Team to Lead its Transformation

Fintech Finance

In addition to her executive role at SIBS, Madalena chairs several companies, where she provides strategic direction in pan-European payments, network management, cybersecurity, digital services, digital certification and financial management. Today, SIBS processes over 40 million transactions daily with more than 99.9%

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MAS Seeks Feedback to Close Regulatory Gaps for Crypto Service Providers

Fintech News

The purpose of these requirements is to address the risks of money laundering and terrorism financing, to which DTSPs may be particularly exposed due to their cross-border operations. Additionally, the proposed regulatory framework includes guidelines on technology risk management and cybersecurity.

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MAS Warns Financial Institutions of Quantum Computing Cyber Threats

Fintech News

The Monetary Authority of Singapore (MAS) has cautioned financial institutions on the cybersecurity vulnerabilities introduced by the advent of quantum computing. However, they also pose a significant threat to the integrity of widely-used encryption methods, putting financial transactions and sensitive information at risk.

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Mastercard Launches Cyber Resilience Center in Saudi Arabia

Fintech Finance

Riyad Bank has joined as the first partner and will collaborate with Mastercard on training programs, risk evaluations, and the adoption of global cybersecurity standards. It will also serve as a catalyst for expanding local cybersecurity talent and fostering a culture of continuous learning and improvement.

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How to Create a GDPR-Compliant Password Policy?

VISTA InfoSec

The Importance of a Strong Password Policy A strong password policy is a cornerstone of any cybersecurity strategy. MAS-TRM compliance: Technology risk management guidelines by the Monetary Authority of Singapore. SAMA compliance: Saudi Arabian Monetary Authority regulations for cybersecurity.

MFA
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Top Biz Risks: Cyberattacks, Governance, Changes In Oil Prices

PYMNTS

The World Economic Forum (WEF) revealed that cybersecurity, changing energy prices and the ability for countries to provide proper governance were among the largest threats businesses faced this year. Back in 2016, cybersecurity was only a major concern for the North American region. Cyberattacks were viewed as the No.