CySEC Warns Investors Over Unlicensed Financial Platforms

Unregulated Platforms Under Scrutiny

The Cyprus Securities and Exchange Commission (CySEC) has issued an urgent advisory concerning the operations of two online platforms—greymax.net and finotivefunding.com—which lack the necessary authorization to offer investment services under Cypriot law. These platforms operate without affiliation to any licensed entity, thus existing outside the stringent regulatory framework mandated by Article 5 of Law 87(I)/2017.

Investor Due Diligence Imperative

CySEC’s warning underscores the risks associated with engaging with unregulated entities. The commission emphasizes that greymax.net and finotivefunding.com are not subject to the oversight required for regulated investment firms. To mitigate potential exposure to fraud and unauthorized financial practices, investors are strongly advised to confirm the legitimacy of any investment partner by consulting the regulator’s official website at www.cysec.gov.cy, where a comprehensive registry of licensed firms and ongoing investor alerts are readily available.

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Safeguarding Market Integrity

This proactive alert reflects CySEC’s broader commitment to enhancing market transparency and protecting retail investors from the pitfalls associated with unregulated operators. In an era where online trading platforms increasingly shape the investment landscape, such measures play a crucial role in fostering a secure and reliable financial ecosystem.

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Bank Of Cyprus Launches Cybersecurity Programme For Students In Limassol

by THEFUTURE.TEAM

March 31, 2026

Bank of Cyprus launched a cybersecurity initiative in Limassol as part of its “The Young Ask and Provide Solutions” programme, involving students in simulated cyberattack scenarios. The programme focuses on practical training in cyber defense and awareness of risks linked to digital infrastructure.

Innovative Collaboration And Real-World Challenges

In partnership with the Education Ministry and non-profit organization TechIsland, the programme provided a robust platform for young minds to confront realistic cyberattack simulations. Held at the modern Limassol regional offices of the Bank of Cyprus, the interactive space enabled 60 secondary school students from across the region to collaboratively tackle the complex threats facing national digital infrastructure.

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Practical Exercises And Strategic Insights

Participants took part in workshops built around cyberattack scenarios. Tasks included identifying prevention strategies, planning response measures, and proposing public awareness approaches. The exercises focused on coordination and decision-making during cyber incidents.

Empowering Tomorrow’s Leaders

According to Elli Ioannidou, the programme is designed to combine theoretical knowledge with practical experience. She said the initiative aims to help students understand real-world challenges and develop problem-solving skills. Additional input was provided by Marios Stavrou, who noted that managing cyber incidents requires coordination across multiple teams and functions.

Building A Resilient Cyber Ecosystem

Experts, including Mathaios Panteli and Tanya Romanyukha highlighted the importance of early digital skills and cybersecurity awareness. Their comments focused on preparing the future workforce skills needed for managing digital risks. The programme forms part of broader efforts to strengthen cybersecurity awareness and education in Cyprus.

The Bank of Cyprus remains committed to investing in forward-thinking initiatives that inspire youth and enhance community awareness. Through these targeted efforts, the bank is not only addressing immediate security challenges but also contributing to a future where advanced technology and robust cyber defense mechanisms coexist seamlessly.

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