Financial Services stories - Page 58

Rreport reveals a 53% surge in new malware samples, detecting 11,500 daily threats, with 43,500 cyberattacks thwarted each day from April to June 2024.

MoneyGram confirms a cyberattack that crippled its services, raising alarms about vulnerabilities in the financial sector amid ongoing digital transformation.

NetApp unveils generative AI data vision with NVIDIA collaboration, integrating advanced AI capabilities into enterprise storage to accelerate agentic AI applications.

Cloudera launches new Private Link Network to enhance secure cloud connectivity, addressing data security and privacy for highly regulated industries like finance and healthcare.

Endor Labs has appointed Karl Mattson, a 25-year cybersecurity veteran, as its first Chief Information Security Officer to bolster software supply chain security.

Fivetran launches Hybrid Deployment, allowing firms to manage data pipelines on their infrastructure for better control and compliance, enhancing data security.

Netcore Cloud appoints Siddharth Gopalkrishnan as COO to drive goal of USD $200 million ARR in three years, enhancing its global strategy and market presence.

ServiceNow partners with Republic Polytechnic to boost AI and cloud computing skills. Research predicts 361,000 new jobs by 2028, with 55,000 in tech roles.

Fivetran unveils Hybrid Deployment, enabling firms to run secure data pipelines within their environments while leveraging Fivetran's management tools.

Fiverr has unveiled a new Financial Services Vertical to empower startups with essential finance roles, amid a booming industry growing at 7.7%.

Harvard Business School has released its first AI-focused case study on an Asian bank, detailing DBS's AI strategy and its projected SGD $1 billion impact by 2025.

Salesforce and IBM expand their AI collaboration, aiming to empower regulated industries with advanced AI agents while ensuring data security and compliance.

Indosat Ooredoo Hutchison has teamed up with Accenture to enhance its AI Cloud offering via Lintasarta, targeting Indonesian enterprises with advanced AI solutions.

Xalts and Avalanche are teaming up to revolutionise financial institutions with custom blockchain networks and RWA tokenization, launching in Turkey with Misyon Bank.

Akamai's new report reveals financial services face 34% of DDoS attacks, fueled by geopolitical tensions.

Akamai's latest report reveals financial services face escalating DDoS attacks, with politically motivated strikes and rampant brand impersonation and phishing threats.

Generative AI is revolutionising service models, driving innovation and efficiency. Key players like HCLTech leverage AI for transformative impacts across sectors.

Qumulo launches its Cloud Native Qumulo (CNQ) on Amazon Web Services, offering scalable, flexible, and cost-efficient data management for high-performance workloads.

Salesforce unveils Industries AI to streamline business processes in healthcare, automotive, and finance sectors, offering customisable, secure AI solutions.

Trustwave's latest reports unveil growing cryptocurrency and ransomware threats in financial services, highlight the urgency of combating phishing-as-a-service and insider threats.