SCA and MoE to reimagine future of financial services industry in UAE

The Fintech Megathon 2021 is centered on finding innovative technical solutions to challenges facing the services sector under eight thematic areas, namely asset management/investment advisory, digital assets/cryptocurrencies, crowdfunding, forex (trading of foreign currencies, e-KYC form, SME financing, financial inclusion, and suptech and regtech. the megathon encourages innovators, financial institutions, regulators, and other ecosystem partners across the UAE .

Palo Alto Networks Cloud Threat Report 1H 2021

Organizations experienced large expansions in the size of cloud workload deployments following the onset of the pandemic, but they also suffered an uptick in cloud security incidents.

Hackers start forging “Official” vaccination certificates on Darknet

So there’s a strong and growing demand for vaccinations and test results because of the greater freedoms they will give to people. And of course, there will always be people who don’t want to wait for their official vaccination, or for an official negative test result – and shady people willing to service that demand.

Cybersecurity-first approach for businesses using new FinTech solutions

According to research from ESET, which looked at the attitudes of 1,200 senior managers across the world, over two-thirds (68%) of senior business leaders expect their company’s investment in FinTech to increase to some extent in 2021-2022. However, as is the case with any new technology, this growing adoption of FinTech creates new risks for businesses.

ESET report reveals remote workers are under fire from RDP attacks

ESET telemetry showed further growth in attacks targeting Remote Desktop Protocol (RDP), which grew throughout H1. While the number of unique clients targeted rose by more than a third, the total number of attack attempts surged by 140%.