Infographic: Financial Service Cyber Attacks Up Fivefold In 2018

From TransWorldCom   According to the Financial Conduct Authority, the UK saw a fivefold increase in data breaches in 2018 compared to the year before: Companies reported 145 breaches last year, compared to only 25 in 2017   In April 2018, seven retail UK banks, including Royal Bank of Scotland, Santander, Barclays and Tesco Bank had to shut […] Read more »

Blockchain & the Funds Industry

By Damien Cahill of Gecko Governance   For too long, the focus of Blockchain technologies have been on cryptocurrencies, when it can be applied to a range of functional areas. It doesn’t matter what can be sent across the Blockchain. Bitcoins are pieces of data, so why not send a file, a report, a smart […] Read more »

Bitcoin Is Coming (or at least Blockchain Technology is)

From Hedge Fund Insight staff   Nomura (NRI) to Conduct Proof of Concept for Applying Blockchain Technology to Banking   Nomura Research Institute (NRI), a leading provider of consulting services and system solutions, today announced it will develop a proof of concept (PoC) for implementing blockchain*1 technology with banking, in collaboration with SBI Sumishin Net […] Read more »