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The US and UAE Establish Partnership to Enhance Cybersecurity in Financial Services Industry The US Treasury Department and the Cyber Security Council of the United Arab Emirates (UAE) have recently announced a collaborative effort to share more information on cybersecurity threats and incidents affecting the financial services industry. This partnership demonstrates the commitment of both…
Australian Lender Latitude Financial Reports AU$76 Million Cyberattack Costs The Impact of the Cyberattack Australian financial services company Latitude Financial has reported significant financial losses as a result of a recent cyberattack. In its financial report for the first half of 2023, the consumer lender stated that the cyberattack has cost them AU$76 million (roughly…
Brillio Partners with Google Cloud to Develop Cutting-Edge Generative AI Solutions Introduction Edison, N.J. – Brillio, a digital transformation services and solutions provider, has announced a partnership with Google Cloud to develop innovative generative AI solutions for the financial services and healthcare industries. This collaboration aims to leverage Google Cloud’s generative AI capabilities, powered by…
BioCatch and Microsoft Collaborate to Offer Behavioral Biometric Intelligence for Cloud-Based Financial Fraud Detection BioCatch, a renowned global leader in fraud detection, has announced the expansion of its behavioral biometric intelligence solutions in partnership with Microsoft. The software is now an offering for Microsoft’s Cloud for Financial Services (FSI Cloud), which facilitates security, compliance, and…