12 of the most prominent banks gathered at Tel Aviv Stock Exchange (TASE) on May 31st, 2023, to participate in Project Eden, a highly-anticipated PoC of the first digital government bond issued by the Israeli Ministry of Finance. International and domestic banks – Barclays, BNP Paribas, Deutsche Bank, Goldman Sachs, J.P.

Cybersecurity is practice of protecting information technology (IT) infrastructure assets such as computers, networks, mobile devices, servers, hardware, software, and data (personal & financial) against attacks, breaches and unauthorised access. Due to bloom of technology, most of all businesses rely on IT services, making cybersecurity a critical part of IT infrastructure in any business.

Cybersecurity has risen to become a major concern for nearly every industry. With the constant stream of news about the escalating numbers of breaches, it is understandable that governments have taken a more active role by passing cybersecurity and privacy legislation. Some of the industries are not top of mind to many people. For example, few people are aware of all of the industries that make up the 16 sectors of critical infrastructure.

Every year, Australians lose over $6 billion due to financial fraud and cybercrime , so it is great to see the collaboration between banks in Australia to fight fraudsters head-on with the help of the Fraud Reporting Exchange (FRX ). The FRX is a trusted, secure, single platform providing timely and efficient means of reporting and actioning fraudulent (including scam) activities between banks.