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Defending Financial Services Against Fraud in a Shifting Cyber Landscape

Thales Cloud Protection & Licensing

Defending Financial Services Against Fraud in a Shifting Cyber Landscape sparsh Tue, 11/14/2023 - 05:05 As we approach International Fraud Awareness Week during 12-18 November 2023, taking stock of the evolving threat landscape and the vulnerabilities that financial services organizations face is crucial.

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Top financial services trends of 2024

IBM Big Data Hub

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape. One example of this is in insurance.

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Central Bank Digital Currency (CBDC) and blockchain enable the future of payments

IBM Big Data Hub

The financial world has been revolutionized by blockchain technology, which has enabled peer-to-peer transactions without the need for intermediaries. The introduction of Central Bank Digital Currency (CBDC) has added a new dimension to blockchain technology that transforms the future of payments for businesses and individuals.

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Institutional Investor’s Introduction to Blockchain and Digital Asset Investing

Data Matters

Given the growth of markets for cryptocurrencies and other blockchain-based assets, often referred to as “digital assets,” we see growing interest from traditional investment managers in gaining exposure to this emerging asset class. A threshold issue is how the derivatives regulations applicable to swaps and security-based swaps in the U.S.

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New Anti Anti-Money Laundering Services for Crooks

Krebs on Security

Come check out Antinalysis, the new address risk analyzer,” reads the service’s announcement, pointing to a link only accessible via ToR. ” Cryptocurrency exchanges make use of blockchain analytics tools, he said, to check customer deposits for links to illicit activity. ” That may not be entirely true.

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Threat actors stole $19 million worth of crypto assets from Cream Finance

Security Affairs

Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. The security breach was confirmed by the company with a message via Twitter: C.R.E.A.M. 3/4 Specifically, in the example tx, the hacker makes a flashloan of 500 ETH and deposit the funds as collateral.

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The time for government blockchain proofs of concept is now

CGI

The time for government blockchain proofs of concept is now. For the past two years, CGI has seen an exponential uptick in commercial sector interest in blockchain beyond just the financial services industry. Many government agencies also have been wading deeper into the blockchain waters. For example, the U.S.