51% of Financial Services Firms Reporting Breaches are From US: Trustwave Threat Landscape Report
Cybersecurity and managed security services provider, Trustwave, has revealed the biggest cyber threats facing financial services organisations after its latest research. The Trustwave report, ‘2023 Financial Services Sector Threat Landscape: Trustwave Threat Intelligence Briefing and Mitigation Strategies‘, explores the specific threats and risks the financial services industry faces, along with practical insights and mitigations to […]
Approov Reveals Lack of End-to-End Security in Popular Banking Apps in Africa
Around 95 per cent of the most popular African banking and financial services apps contain easy-to-extract secrets, which could be used in scripts and bots to attack application programming interfaces (APIs) and steal data, devastating consumers and the institutions they trust; according to a new report from Approov, the end-to-end mobile security provider. The Approov […]
China’s Teetering Local Debt Mountain, in Six Charts
After a decade of kicking the can down the road, the problem has become impossible to ignore. Beijing might soon have no choice but to bail out cities and provinces.Read More
The Fed Is Putting Too Much Faith in Markets
The Fed has a new theory—the bond market is doing its job for it, so it can sit back rather than raise rates again this year—but the theory deserves a closer look.Read More
Sobriety Is in, and Non-Alcoholic Beer Sales Are Soaring
New, better-tasting zero-alcohol beers are experiencing explosive growth as alcohol consumption by young adults declines.Read More
Mastercard Solution to Tokenise CBDCs on Different Blockchains Demonstrated in Australia
As Australia works on developing its central bank digital currency (CBDC), fintechs are exploring the use cases of the digital currency. The latest to do so is Mastercard as it partners with Cuscal and Mintable, the Australian paytech provider and NFT-as-a-Service provider, to tokenise CBDCs on different blockchains. The Mastercard solution includes controls that ensure […]
Trump’s Remarks on Hezbollah and Netanyahu Prompt Bipartisan Outcry
Republican rivals and the White House were among those to roundly condemn the former president for his characterization of the Lebanese militant group.Read More
One Officer Convicted and Another Acquitted in Elijah McClain Death
The jury came back with a surprising split decision on two men tried jointly, holding the more experienced officer accountable in the first of three trials in the death of the young Black man.Read More
Israeli Strikes on Gaza Draw Warnings of Humanitarian Crisis
Israel’s latest strikes on Gaza have drawn warnings from aid workers and residents of a humanitarian catastrophe. “We are facing a huge disaster,” said one U.N. official.Read More
