Financial Services stories - Page 74

Cybersecurity firm Imperva has found that 71% of last year's web traffic was linked to APIs, acting as a major attack vector due to organisations' insufficient visibility, leading to a sharp rise in targeted attacks.

The notorious LockBit ransomware gang, linked to over £120m in extortion and impacting 2000+ victims globally, has been dismantled by an international task force led by the UK and US.

Generative AI is reshaping Australia's workforce, with technology skills now integral to the economy. Embracing AI could unlock billions of dollars by 2030, but requires an understanding of its intricacies and a stronger pipeline of tech workers.

Earnix bolsters cybersecurity with appointment of Daniel Shalom as new Chief Information Security Officer, leveraging his two-decade experience to fortify the firm's security strategy.

VIPRE's annual email threat landscape study reveals a 276% rise in malware, with financial services the most targeted sector.

Gavin Jones, Area VP for ANZ at Elastic, the leading search analytics firm, shares insights on its strategic direction and technological advancements.

Tradeshift, the B2B eCommerce and fintech platform, hires veteran financial executive Iain Balchin as its new CFO, focusing on expanding network and monetising services.

Raymond Kok takes over as CEO of low-code leader, Mendix, succeeding Tim Srock and signals intent to boost productivity and innovation through closer Siemens synergies.

Medallia, Inc. unveils Medallia Agile Research, an advanced self-service market research tool integrated into its Experience Cloud, aimed at enabling fast, comprehensive surveys and data collection while preserving the integrity of an organisation's data history.

Trend Micro bolsters ANZ leadership team with appointment of Srujan Talakokkula as Managing Director for Commercial business, as it commits to growing local customer base.

Progress enhances OpenEdge platform with features to accelerate application modernisation, optimise development processes and boost security for over 100,000 global customers.

In response to growing malicious bot activity in Asia Pacific and Japan, tech giant Akamai Technologies unveils Content Protector, a new tool designed to mitigate scraping attacks while preserving beneficial traffic.

Munich's Giesecke+Devrient boosts stake in software corporation Netcetera to 95%, enhancing its financial platforms and reinforcing future growth in digital banking and payments.

Cevo has entered into a three-year strategic collaboration agreement with AWS, aiming to expedite innovation and meet industry demands.

Portugal-based cybersecurity giant, Jscrambler, advances global expansion plans with the appointment of new Chief Operations Officer, Mukesh Sharma, and Tyson Whitten as the Vice President of Global Marketing.

In a crucial pre-launch move, cybersecurity firm Zally has appointed David Webb, a respected industry veteran, as Chairman to bolster its market presence and hasten growth.

FinTech Australia, backed by Investment NSW, partners with major banks ANZ, Westpac and tech firm 1835i for a reverse pitch event on 21 February 2024, inviting fintechs to solve local banking issues.

Cloudwerx, acquires Australian AI consultancy, Lightfold, broadening its advanced, data-driven service offering to customers in the APAC region.

Amidst overall funding decreases, crowdsourced funding in Australia remained steady in 2023, securing $71m for local businesses.

Lithuania's iDenfy partners with StackGo to boost the Australian firm's SaaS solutions for SMEs in regulated sectors, employing Anti-Money Laundering screening for smarter compliance.