The Economic Development Department

Have you taken a listen to The Appleby Podcast's latest episode with BITA's executives?🎧 Kevin and Sean dive into the unique advantages of Bermuda's framework for digital assets and why it's a top choice for fintech companies worldwide. From regulatory support to a skilled workforce, this conversation highlights what sets Bermuda apart. Plus, they give away the inside scoop on exciting upcoming events to be held in partnership with us! 🎉 Tune in and see why Bermuda is making waves in fintech! 💼 #FintechInBermuda #GlobalHQ #DigitalAssets #BermudaBusiness #EDD #FintechEvents

Agree that cyber insurance is a path to better security. It goes beyond just coverage: it encourages stronger security practices to boost defenses against digital threats #CyberSecurity #Insurance #DigitalSafety #Bermuda

Have you read Royalgazette today? Get to know the power of harnessing insurance to boost cyber. Cyber insurance isn't just protection — it's a driver for better cybersecurity practices. When organisations consider cybersecurity insurance, they're incentivised to tighten protocols, which in turn ensures resilience against cyber threats. Bermuda's innovative approach highlights how the insurance sector can play a pivotal role in shaping a safer digital future for businesses globally #CyberSecurity #InsuranceInnovation #DigitalSafety #BermudaLeadership #ResilientBusiness #TechForward 🚀

October may be on its way out, but the lessons are definitely staying: here are five practices you must adopt to stay secure online: 📵 Lock It Up Always use screen locks on your devices! A password, PIN, or biometric lock adds an extra layer of security, keeping your data safe even if your device gets lost or stolen. #LockItDown #DeviceSecurity 🌐 Secure Wi-Fi Connections Only Avoid public Wi-Fi for sensitive tasks like banking or shopping. If you must connect, use a trusted VPN to protect your data from prying eyes. #WiFiSafety #CyberSmart 🔄 Regular Backups Are Key Back up important files regularly on a secure cloud or external drive. It’s your best defence against ransomware or data loss. #BackupYourData #RansomwareDefense 👁️ Be Aware of App Permissions Check what apps are accessing on your phone. Some apps ask for unnecessary permissions, putting your data at risk. Stay in control of your privacy! #PrivacyCheck #StaySafeOnline 📲 Enable Two-Factor Authentication (2FA) Adding 2FA on your accounts is a must. This extra step helps keep hackers out, even if they have your password. #2FA #SecureYourAccount

🛡️ Cybersecurity Alert! 🛡️ Have you read the news today? This Cybersecurity Awareness Month, stay safe by learning to *spot scams* and protect your digital world: 🚫 Be wary of suspicious emails, texts, or DMs asking for personal info. ⚠️ Avoid urgent messages or threats like "Your account will be locked!" 🔗 Never click on unknown links or attachments. 💰 If it sounds too good to be true, it probably is! Stay cyber safe, Bermuda! 💻 #CybersecurityAwareness #SpotTheScam #StaySafeOnline #Bermuda #DigitalSafety #PhishingPrevention 👉 Learn more: [Bernews article today: "Police Highlight Cyber Security Awareness Month"] and [Royal Gazette "Police Issue Advice on Prevention of Cybercrime"

🚨 Protect Your Digital World! 🚨 This Cybersecurity Awareness Month: ⚠️ Don’t click suspicious links – always verify! 🔑 Use strong, unique passwords for each account. 🔄 Keep your system updated to close security gaps. 🛡️ Firewalls and anti-virus software are a must for protection. Don’t wait for a cyber attack to act – safeguard your digital life today! 💻 #CybersecurityAwareness #DigitalSafety #SecureOnline #ProtectYourData #OnlineSecurity

Exciting news! Kraken Digital Asset Exchange has secured a licence from the Bermuda Monetary Authority to offer crypto derivatives trading from Bermuda! 🌍 As a global leader in cryptocurrency, Kraken is expanding its reach, offering 24/7 derivatives trading with over 200 contracts. Clients can now take advantage of secure, capital-efficient hedging and arbitrage opportunities in a top-tier regulatory environment. 🔒 Bermuda continues to position itself as a premier hub for digital assets, and we’re proud to welcome Kraken to our growing market! #Crypto #Blockchain #Derivatives #Finance #Bermuda #DigitalAssets #RegTech

Ywione Darrell - it was great having you spend some time with The Economic Development Department team. We wish you all the best as you progress through your career. Stop by to say hello when you're on the Island!

👏 A HUGE thank you to Olivia Washington! 🙌 Your guidance, support, and dedication to the 2024 Fintech Training Programme cohort have been truly inspiring! 🎉 We are incredibly grateful for your hard work in shaping Bermuda’s future leaders in Fintech. 💻 Thank you for choosing to spend your summer at the EDD! 🌟 #FintechLeaders #InspiringFuture #BermudaFintech #EDDBermuda

From Tram Anh Nguyen, co-founder of CFTE - Centre for Finance, Technology and Entrepreneurship: “I warmly congratulate all the students who completed the CFTE's Fintech 360 and Regtech programmes. These courses have equipped them with the skills and knowledge to excel in the fast-evolving financial sector, covering the latest trends in Finance, Technology, Fintech, and Regtech. I'm pleased they are now ready to begin their Fintech journey and join a global community of practitioners. A special thanks to the Bermuda Government’s Economic Development Department for their trust in CFTE and their commitment to empowering Bermudians in the burgeoning fintech sector."