Security

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banking platform financial crime News Risk Managament Security technology

Banks Should Cash In On Cybersecurity

Banks have been at the forefront of cybersecurity for years, investing heavily to protect some of their clients’ most valuable and sensitive information. Such heavy investment in cybersecurity is increasingly the cost of doing business in financial services, but it also presents an opportunity for banks to generate a return […]

Strategic Implementation of an Anti- Financial Crime (AFC) Organization
banking platform financial crime Risk Managament Security

Strategic Implementation of an Anti- Financial Crime (AFC) Organization

In recent years, the number of publications where financial institutions have become a victim of or been involved in financial crimes, especially in money laundering, has increased dramatically. The main problem with such financial crimes is that they usually do not only affect the company itself (e.g. through costly fines or […]

FEEDZAI raises $50 million in series C funding as AI fraud prevention platform expands globally
Funding Security

FEEDZAI raises $50 million in series C funding as AI fraud prevention platform expands globally

Feedzai will continue investing in strengthening its global leadership position including a planned 150% increase in headcount throughout 2017 Feedzai, the leader in using artificial intelligence (AI) to empower enterprises to manage risk and fight fraud in real-time, announced today that it has closed $50 million in new funding including a […]

Darktrace Thwarts Brute-Force Attack on Accounting Firm
Security

Darktrace Thwarts Brute-Force Attack on Accounting Firm

Enterprise Immune System Halts In-Progress Cyber-attack Aimed at Subduing Entire Network Darktrace, the world leader in AI technology for cyber defense, has today announced that it detected and stopped a brute-force attack aimed at gaining control of an accounting firm’s network in Singapore. The pernicious threat bypassed the organization’s traditional […]