Security

Okta Names Neville Vincent as Vice President for Asia

Okta, a publicly traded identity and access management firm, has appointed information technology industry veteran Neville Vincent as Vice President for Asia. In his new role, Vincent will oversee Okta’s business operations, deepen partner links, and lead the company’s expansion

AI InsurTech Security

MSIG Singapore to Deploy Fermion’s AI Tool to Combat Motor Insurance Fraud

General insurer MSIG Singapore has partnered with insurance ecosystem builder Fermion to combat motor insurance fraud through the use of an advanced artificial intelligence tool, TrueSight Fraud Intelligence. MSIG said in a statement that it will be able to rapidly

Security

The Growing Threat of Cybercrime as a Service to Asia’s Financial Institutions

The growth of internet usage, online banking, and digitalization of financial services has increased cybercrime and cyber criminals’ attack surface. Financial institutions are a prime target for cyber-attacks due to the large amounts of data and money they hold. In

Funding Security

Vesta Closes US$25 Million Term Loan From Runway Growth Capital

Vesta, an end-to-end fraud prevention platform for digital purchases, has closed a senior secured term loan of US$25 million from Runway Growth Capital LLC. The company said that the non-dilutive financing will provide it with additional working capital to support

Events Security Sponsored Post

Ensuring a Strong Digital Fraud Detection Strategy in 2023

Data management platform Demyst and global identity verification solution provider Ekata invite you to partake in an intimate and interactive webinar this February 9th from the comfort of your desktop. Together, Nicholas Stipp, APAC VP, Ekata, and Scott Albin, International

Security

Inside Jobs, Cloud Abuse and Ransomware Attacks Are 2023’s Top Cybersecurity Threats

Persistent insider threats, cloud infrastructure misuse and abuse, and the sophistication of cyberattacks are fostering a riskier cyber environment for organizations worldwide. At Securonix, a company specializing in security intelligence solutions, new vulnerabilities are being identified at nearly double the

Security Sponsored Post

Here’s How Okta Helped Singlife with Aviva Deliver a Seamless Login Experience

Singlife with Aviva was formed through the merger of Singlife and Aviva Singapore, bringing together one of the world’s oldest insurers with Singapore’s youngest homegrown financial services company. While the merger was officially completed in January 2022, it also presented

Digital Transformation E-commerce Mobile Payments Security

Making Sense of Fintech Fraud in APAC

As technological advances significantly change people’s daily lives, the benefits from these advances essentially boil down to one aspect, convenience. Technology has allowed business and social activities to expand and remain primarily online. This includes transactional decisions from purchasing tangible

Security Sponsored Post

Learn How These Three Trends Are Redefining Fraud in 2022

When the global economy fluctuates, so does fraud. With so many forms of global disruption, fraudsters learn to find new vulnerabilities to exploit, driving fraud rates up across markets. Effectively managing fraud operations and staying ahead of attacks takes accurate,

Security

Passwords Still the Most-Used Authentication Method Which Is Proving to Be Costly

A study by the FIDO Alliance revealed that global password usage has dropped, yet passwords are still the most-used authentication method and they are proving costly to service providers. The second annual Online Authentication Barometer gathers insights into the state