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Having first come to market in the late 2000s, Neobanks are now well established as a powerful and disruptive influence on the banking industry worldwide.

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Last week Danny, our CEO attended the Innovate Finance Global Summit, now in its ninth year. It was his seventh in a row and it did not disappoint. Once again, it brought together a who’s who of global fintech. The City’s Guildhall, a magnificent building, hosted two days of insightful panels, inspiring presentations, and quality networking. Many important topics were discussed. From the current investment climate to the future of money, financial inclusion, and financial wellness.

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Since the dawn of cyber-security, security teams have faced a trade-off when deciding on which security solutions best match their requirements. Many are commonly faced with a decision to either sacrifice usability and speed in search of better protection or to sacrifice security competency in the pursuit of a more usable and faster solution.  With protection of critical IT infrastructure being the goal of most security teams, many opt to sacrifice speed and usability to achieve the best level of protection possible.

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The variety and scope of cyberattack strategies continue to make headlines, with recent incidents once again underlining the continuing risks. March was a busy month for high-profile breaches, with millions of customer records stolen and entire businesses put under threat.

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Once again, Glasswall has successfully completed its Service Organisation Controls (SOC) 2 Type II certification, which for the first time, covers our entire Content Disarm and Reconstruction (CDR) product range. This important achievement demonstrates our security, availability, processing integrity, confidentiality and privacy controls as part of our proactive dedication to providing best-in-class protection from file-based threats.

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The secure transfer of data across trust boundaries is vital for government agencies. Cross Domain Solutions (CDS) enable the exchange of information between isolated and external networks, but traditional detection-based antivirus and sandbox solutions fall short of protecting departments against new and existing file-based threats.

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In its most recent in-depth report, the Anti-Phishing Working Group, which has produced reports of phishing activities and trends for nearly 20 years, said there were over 1.2 million recorded attacks in the third quarter of 2022.

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The adoption of multi-cloud strategies is growing at a rapid pace across the public and private sectors. This approach allows organizations to use multiple cloud computing services within a heterogeneous architecture, providing them with flexibility, scale, and the ability to leverage the strengths of different cloud providers while avoiding vendor lock-in.

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On International Women’s Day 2023, Glasswall is celebrating the achievements of our female employees. Among our most significant and successful equality programmes is our Women in Tech (WIT) committee, which was launched in June last year. Made up of women from across the organization, it meets every month to discuss how they can excel in their roles, ensure their voices are heard and make a leading contribution toward company goals.

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Newly arrived as part of the Glasswall team in the US, Kelly Davis has joined us as our Senior DevOps Engineer, bringing valuable skills and experience to our growing and talented development organization.

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By May this year, the US Security and Exchange Commission (SEC) is expected to implement changes to cybersecurity and governance rules for public companies, which some predict will amount to a “tectonic” change in how boards must handle key issues such as incident reporting.

Although the global economy is facing difficulties, cybersecurity spending will continue to grow this year. As the frequency and severity of cyber attacks increase, organizations in both the public and private sectors will prioritize security...

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