After identifying and analyzing 106 highly publicised ransomware attacks over the past 12 months, Barracuda researchers have found that the education (15%), municipality (12%), healthcare (12%), infrastructure (8%) and financial (6%) sectors are the five most targeted by adversaries. The analysis reveals that ransomware attacks on educational institutions more than doubled compared to the previous […]

Barracuda, a trusted partner and leading provider of cloud-first security solutions, has released its fourth-annual threat research report on ransomware. The new report looks at ransomware attack patterns that occurred between August 2021 and July 2022. For the 106 highly publicised attacks Barracuda researchers analysed, the dominant targets are still five key industries: education (15%), […]

SAS, a leader in analytics, has announced that Saudi Export-Import Bank (Saudi EXIM Bank) has chosen to use SAS technology to increase the governance and efficiency of its risk operations and reporting with model risk management solutions.  The Saudi EXIM Bank was established in 2020 to promote the export of Saudi non-oil products and boost its competency across economic sectors in the global markets. The bank provides financing services, guarantees and credit insurance with competitive advantages to enhance confidence in […]

Cloudflare, the security, performance and reliability company helping to build a better Internet, has announced its 2022 Q2 DDoS report. This report includes insights and trends about the DDoS threat landscape – as observed across the global Cloudflare network. Q2 has witnessed some of the largest attacks the world has ever seen including a 26 […]

The inaugural edition of the World API Summit virtually convened ASEAN’s top API leaders and brought together 250+ IT decision makers, thought leaders, and API enthusiasts to unlock new revenue streams and drive business growth with APIs in the ASEAN region. Friday, 24 June 2022: The ASEAN edition of World API Summit which concluded on […]

Global AI and analytics titan SAS has been named a leader in anti-money laundering solutions by Forrester. The Forrester Wave: Anti-Money-Laundering Solutions, Q3 2022 evaluates the industry’s 15 most significant anti-money laundering (AML) technology providers, assessing and ranking them based on 26 evaluation criteria. SAS Anti-Money Laundering attained the highest score of any evaluated vendor […]

Panaseer, an enterprise security company, has released its latest report on the state of the cyber-insurance industry. The survey of global insurers across the UK and US found that 82% are expecting the rise in premiums to continue, with 74% of insurers agreeing that their inability to accurately understand a customer’s security posture is impacting […]

Salt Security, a leading API security company, has announced that Berkshire Bank, a leading socially responsible community bank with office locations in New England and New York, has selected the Salt Security API Protection Platform to secure its growing ecosystem of APIs. The Salt platform enables Berkshire Bank to reduce business risk by shielding itself, […]

Resistant AI, the AI and Machine Learning financial crime prevention specialists, has announced that FINOM, the Netherlands-based B2B FinTech platform for small businesses and professionals, has selected Resistant AI Transactions Forensics to bolster its anti-money laundering measures. Resistant AI will overlay and enhance FINOM’s own transaction monitoring system to provide valuable context and uncover new […]

BioCatch, a global leader in behavioural biometrics, and Goode Intelligence have released a report highlighting the challenges and potential improvements of strong customer authentication (SCA) implementation across the EU. According to the European Banking Authority (EBA), fraud rates have fallen for issuers because of high SCA compliance adoption, with the average value of fraudulent card […]