Financial Services stories - Page 62

Group-IB's new report reveals a 58% rise in Advanced Persistent Threats, with Europe facing the brunt amid escalating geopolitical tensions.

As the EU's AI Act takes effect in 2026, companies face the challenge of divergent AI regulations across borders, prompting the need for robust compliance guardrails.

CrowdStrike's research reveals a staggering 150% rise in China-linked cyber espionage, fuelled by AI tactics, posing significant risks across various industries.

Zscaler has unveiled its Asset Exposure Management tool, enhancing organisations' asset risk management within its Continuous Threat Exposure Management framework.

A newly discovered botnet, consisting of over 130,000 compromised devices, is targeting Microsoft 365 accounts with password spraying attacks, linked to China-based actors.

Starburst reports record financial results for FY25, fuelled by a 94% surge in cloud product adoption and a 20% increase in net new customers.

Ataccama has partnered with Concord to tackle data modernisation issues in regulated sectors, enhancing data trust and compliance for healthcare and financial services.

As unstructured data burgeons, businesses grapple with escalating challenges in governance, security, and costs, as experts urge immediate action to manage it effectively.

Version 1 has announced the appointment of Roop Singh as Chief Commercial Officer, aiming to bolster its commercial strategy and global expansion.

Thoughtworks has announced key leadership changes with Chief Strategy Officer and APAC Regional Managing Director appointments.

A new report by Everfox reveals a major shift towards preventative cybersecurity strategies in US and UK regulated sectors, with 97% of organisations facing cyber incidents.

A new survey shows tech professionals in London earn an average salary of GBP £120,000, highlighting the city's status as a thriving technology hub.

Forrester forecasts global technology spending will surge to USD $4.9 trillion by 2025, driven by advancements in software, AI, and cloud tech.

Kapwork has launched its innovative Kapwork Verify platform to automate invoice factoring, claiming a potential 20% cut in operational costs for businesses.

Aerospike has launched Database 8, enhancing its multi-model distributed system to ensure real-time performance and strict consistency for enterprise applications.

PAYSTRAX has appointed Tom Suter as Regional Sales Director for the UK, aiming to boost its expansion across the UK and European markets.

A report reveals that 59% of cyber breaches in the top 150 insurance firms stem from third-party attacks, exposing serious supply chain vulnerabilities.

New research shows that 58% of large UK financial services firms faced third-party supply chain attacks in 2024, with nearly a quarter seeing multiple incidents.

The Depository Trust & Clearing Corporation has unveiled ComposerX, a groundbreaking suite aimed at streamlining digital asset management for financial firms.

Puma Growth Partners has led a $4.3 million funding round for Semeris, enhancing its AI tools for financial institutions navigating complex legal documents.