Source: National Cyber Security – Produced By Gregory Evans Today, following reports that the Federal Reserve is working with the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) on new safeguards to better shield Americans, financial institutions, and markets from cyber attacks, U.S….
Financial advisors face cyber security threat
Source: National Cyber Security – Produced By Gregory Evans There is a new nightmare facing financial advisors – and it’s come in the form of cyber security. That is the verdict of Mary Jo White, the chairman of the Securities and Exchange Commission in the USA. She believes that not…
Ocwen Financial, homeowners targets of mortgage fraud
Source: National Cyber Security – Produced By Gregory Evans State Attorney General Hector Balderas is warning of a “dangerous new scam” that is targeting New Mexicans who are having trouble paying their mortgages. “Do not pay Ocwen mortgage payments by Moneygram in response to ‘Making Home Affordable’ offer letters or…
How Indian financial outfits have been facing numerous cyber attacks from Pakistan
Source: National Cyber Security – Produced By Gregory Evans MUMBAI: A month before Pakistan’s ceasefire violation on the eve of Independence Day, a silent battle was raging in Mumbai’s financial district. Two large private banks, a retail brokerage and a state-owned lender faced a cyber attack from hackers across the…
Americans most anxious about financial data theft
Source: National Cyber Security – Produced By Gregory Evans According to a new study, US consumers would rather be robbed or have their email account hijacked than see their financial information and social security details stolen or compromised. More than three in four (77%) Americans say that having their financial…
Cutting crime: How a secure electronic trade platform mitigates financial risk
Source: National Cyber Security – Produced By Gregory Evans Manipulation and risk in global trade is by no means a new phenomenon. However, in recent years, the threat it presents to organisations carrying out legitimate transactions has seen it rise up the boardroom agenda and become a talking point at…
Confronting Disruptive Forces, Financial Services Firms Need New Approach to Compliance
Source: National Cyber Security – Produced By Gregory Evans The financial services industry is facing disruptive forces in many forms, from changing customer behavior and the rise of digital technologies to a shifting regulatory landscape. New risks are emerging as well, many fueled by increasing challenges of fighting cyber-crime and…
Verafin Unveils FRAMLx: A Groundbreaking Technology in the Fight Against Financial Crime
Source: National Cyber Security – Produced By Gregory Evans ST. JOHN’S, Newfoundland and Labrador–(BUSINESS WIRE)–Verafin Inc. unveils FRAMLx, an innovative enhancement to its FRaud detection and Anti-Money Laundering (FRAML) software. Powered by technology available only in the Verafin Cloud, FRAMLx delivers advanced cross-institutional analysis to detect suspicious activity across multiple…
MaRS launches Toronto financial tech cluster
Source: National Cyber Security – Produced By Gregory Evans It is always smart to follow the money and MaRS wants to make it easier for tech entrepreneurs and financial services companies to work together. On Tuesday evening, MaRS, a public-private partnership, announced a series of strategic partnerships that will create…
Morgan Stanley fires financial adviser after data theft
Morgan Stanley fired a New York financial adviser accused of stealing account information from 350,000 clients, a person familiar with the matter said. Galen Marsh, a financial adviser who worked at a New York branch of Morgan Stanley’s wealth management […] For more information go to http://www.NationalCyberSecurity.com, http://www. GregoryDEvans.com, http://www.LocatePC.net…