How Long Does it Take to Detect a Malicious Threat?

2017 can be dubbed as the ‘Jubilant’ year for the cybercriminals. No kidding. Halfway through the year and we have already witnessed 3 major breaches that handicapped millions of systems, hindered smooth functioning of more than 1000 companies from over 150 countries. This, in addition to hundreds of other small-scaled attacks, has proved one thing.…

MAS Beefing Up Expertise on Cyber Security

SINGAPORE — Noticing an increase in demand for insurance against cyber-attacks in the past few years, MAS (Monetary Authority of Singapore) is now working together with academics and organizations to strengthen its expertise in underwriting risks, said Lawrence Wong, Singapore´s Second Finance Minister. During his speech at the General Insurance Association´s 50th anniversary, Minister Wong…

Cyber Attacks: 5 Simple Ways to Protect Your Business

According to EY, organizations are becoming increasingly confident that they can protect themselves against cyber-breaches – a surprising statistic considering the number of online attacks globally continues to rise. From a survey of 1,735 businesses worldwide, around half of the respondents said that they could detect a sophisticated cyber-attack and deal with it promptly and…

Chatbots: The Latest Target for Hackers

Every hotfix deployed to a security system deters hackers, but it also gives them reasons to find another way to access your data. It’s why security specialists are never able to finally rest. After one fix is deployed, it’s time to watch for the next vulnerability.   One such vulnerability that’s taking off in the…

WW Global Enforcement Latest News & Predictions for Financial Services Industry

Organised by the Monetary Authority of Singapore (MAS), in partnership with the Association of Banks in Singapore (ABS), we can safely say that the inaugural Singapore FinTech Festival was a great success! Apvera participated in several events including the Japan-Singapore Tie up Programme to build a bridge between Japanese and Singaporean startups and to foster faster, more collaborative innovation and market…

BizQ: ACCELERATING SUCCESS

The success of entrepreneurs like Facebook co-founder Mark Zuckerberg and Tesla Motors’ CEO Elon Musk have inspired others to embark on their own entrepreneurship journey. In reality, however, it is difficult to get a business off the ground. According to Forbes, only one in 10 start-ups succeed. That scenario could shift with the growing presence…