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Latest Results from /security

/security

Scams to drive complaints to UK's Financial Ombudsman Service

The UK's Financial Ombudsman Service is expecting more than 181,000 consumer complaints in the next year, driven in part by an increase in financial fraud and scams.

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BaFin increases focus on IT outsourcing risks

Cybersecurity and the outsourcing of IT services are among the greatest risks to the financial sector, warns a new report from German regulator BaFin.

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SEC says SIM swap attack behind X hack

The Securities and Exchange Commission says a "SIM swap" attack was to blame for the hack on its X account earlier this month.

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NAB and Microsoft deliver cyber assessment tool for SMEs

National Australia Bank has teamed with Microsoft to deliver a free cyber assessment tool to help Aussie small businesses prepare for and bounce back from a cyber attack.

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Hong Kong banks take on SMS scammers

Hong Kong banks are joining an SMS sender registration scheme designed to help customers avoid falling for scam texts.

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TSB finds over a third of adverts on Facebook Marketplace could be scams

TSB is advising consumers to avoid making online purchases on Facebook Marketplace, warning that over a third (34%) of the adverts tested on the platform are scam posts.

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Hawk AI hires HSBC vet Shearer

German RegTech Hawk AI has brought in HSBC compliance veteran Michael Shearer as chief solution officer.

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JPMorgan faces rising number of hacking attempts

JPMorgan Chase has seen the number of hacking attempts on its systems soar over the last year.

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Swiss payments fintech Rivero raises $7 million

Swiss payment technology house Rivero has raised $7 million in Series A funding to step into new markets and boost its product development and workforce.

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Revolut faces US class action suit over biometric data collection

Revolut is facing a class action lawsuit in Illinois alleging the UK fintech giant has unlawfully collected, used and stored customers' biometric data.

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SEC X account hacked and used to send bogus bitcoin news

The US Securites and Exchange Commission has confirmeed that its X account was hacked and used to post spurious approval for the listing and trading of spot Bitcoin exchange-traded products.

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ECB to run first cyber resilience stress tests

The European Central bank is to run its first thematic stress tests on cyber resilience to determine how well individual banks would respond to and recover from a cyber attack.