The Last Watchdog

MARCH 10, 2025

While any business is a potential target for hackers, critical infrastructure organizations including defense, healthcare, energy, utilities, and financial services companies are perhaps most at risk due to their financial resources. According to the U.S.

Energy and Utilities 100

Energy and Utilities Cyber threats Financial Services Government 100

Krebs on Security

MAY 3, 2019

A Pennsylvania credit union is suing financial industry technology giant Fiserv , alleging that “baffling” security vulnerabilities in the company’s software are “wreaking havoc” on its customers. Brookfield, Wisc.-based based Fiserv [ NASDAQ:FISV ] is a Fortune 500 company with 24,000 employees and $5.8

Banking 234

Banking Accountability Passwords Technology 234

Krebs on Security

JANUARY 25, 2022

27 — Thanksgiving Day weekend — Jim got a series of rapid-fire emails from MSF saying they’ve received his loan application, that they’d approved it, and that the funds requested were now available at the bank account specified in his MSF profile. Then on Nov. Take a look at that 546.56 A portion of the Jan.

Financial Services 243

Financial Services Banking Accountability Identity Theft 243

The Last Watchdog

APRIL 7, 2020

they then began to use the stolen credentials to launch automated account takeovers. “So So if you were participating in that environment, and you were looking for a relationship, then your account might get taken over. We were able to stop the account takeovers that would then sometimes lead to these romance scams.”

Mobile 266

Mobile Digital transformation Scams Accountability 266

Centraleyes

DECEMBER 16, 2024

As we approach 2025, the cybersecurity landscape is evolving rapidly, shaped by technological advancements, regulatory shifts, and emerging threats. By 2027, 75% of employees are expected to acquire or modify technology outside of ITs control, up from 41% in 2022. To keep up, organizations must stay ahead of these developments.

Cybersecurity 98

Cybersecurity Insurance Cyber Insurance Technology 98

Krebs on Security

SEPTEMBER 29, 2021

The idea is that even if the user’s password gets stolen, the attacker still can’t access the user’s account without that second factor — i.e. without access to the victim’s mobile device or phone number. The OTP interception service featured earlier this year — Otp[.]agency

Passwords 345

Passwords Mobile Authentication Banking 345

Security Boulevard

JUNE 28, 2022

IoT and Machine Identity Management in Financial Services. How is IoT changing the financial sector? IoT has already positively impacted the financial sector and will only continue to in the future. IoT has also transformed the financial services sector in a variety of ways: Real-time data. brooke.crothers.

Financial Services 64

Financial Services IoT Banking Retail 64

The Last Watchdog

MARCH 14, 2022

We have on average 67 applications on our mobile phones, seven social media accounts and more than 120 online accounts. But these accounts are not all about networking and games. Financial services, health, home security, governance and all other mission critical services are now provided online.

Artificial Intelligence 223

Artificial Intelligence Mobile Technology Accountability 223

CyberSecurity Insiders

MAY 4, 2023

The future of finance is being reshaped by blockchain technology. This revolutionary technology has the potential to revolutionize how people and businesses interact with money, from offering greater transparency and better security to faster speeds and lower costs.

Technology 103

Technology Banking Small Business Data breaches 103

Thales Cloud Protection & Licensing

JANUARY 16, 2025

However, as important as PCI may be, United States financial services organizations operate in one of the worlds most stringent and complex compliance landscapes. Understanding the US FinServ Compliance Landscape The US financial services industry is subject to a vast number of laws and regulations.

Financial Services 62

Financial Services Encryption Insurance Government 62

Thales Cloud Protection & Licensing

AUGUST 31, 2022

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. It highlights the leadership of financial services in cybersecurity relative to other industries, but it also uncovers some surprising chinks in their cybersecurity armor. Thu, 09/01/2022 - 05:15.

Financial Services 62

Financial Services Cybersecurity Computers and Electronics Banking 62

Cisco Security

MARCH 23, 2021

This is what we covered in part one of this Threat Trends release on DNS Security, using data from Cisco Umbrella , our cloud-native security service. For example, those in the financial services industry may see more activity around information stealers; others in manufacturing may be more likely to encounter ransomware.

DNS 143

DNS Financial Services Manufacturing Healthcare 143

The Last Watchdog

MAY 24, 2021

Some instructive fresh intelligence about how cyber attacks continue to saturate the Internet comes to us from Akamai Technologies. billion hitting financial services organizations — an increase of more than 45 percent year-over-year in that sector. Financial services is, and always will be, a top target for criminals.

Financial Services 178

Financial Services Passwords Media Accountability 178

Centraleyes

JANUARY 12, 2025

The financial services industry is arguably one of the most highly regulated sectors worldwide. This is due to the sensitivity of the data handled, the potential for widespread economic disruption, and the industrys central role in global financial stability. Top Compliance Management Solutions for the Financial Sector 1.

Financial Services 52

Financial Services Data privacy Risk Banking 52

Hacker's King

OCTOBER 19, 2024

Cybersecurity has become one of the most critical fields in technology, ensuring that data, networks, and systems are protected from unauthorized access and malicious attacks. Finance and Banking Financial institutions are prime targets for cyberattacks due to the sensitive nature of the data they hold.

Cybersecurity 59

Cybersecurity Healthcare Cyber threats Government 59

CyberSecurity Insiders

JUNE 1, 2021

Today, consumers expect financial service providers to offer the perfect mix of physical and digital services to immediately meet their needs. However, financial service providers can leverage the technology further by using cloud infrastructure to unify what were once separate financial services under one roof.

Banking 117

Banking Financial Services Mobile Technology 117

The Last Watchdog

DECEMBER 21, 2021

That said, Microsoft Exchange on-premises email servers – technology that once, not too long ago, dominated this space – remain in pervasive business use today. What’s more, many of the organizations migrating to cloud IT infrastructure services are patching together hybrid email systems, part on-premises and part cloud-hosted.

Marketing 222

Marketing Financial Services Ransomware Software 222

Centraleyes

MARCH 13, 2025

If you’re part of the financial services ecosystem hereor interact with businesses regulated by the New York State Department of Financial Servicesyouve likely come across the NYDFS Cybersecurity Regulation. New York, the city that never sleeps, is also the city that takes cybersecurity very seriously.

Cybersecurity 52

Cybersecurity Financial Services Risk Encryption 52

Adam Levin

NOVEMBER 17, 2020

Credit cards offer markedly better fraud protections than debit cards , which connect directly to your bank account. Virtual credit cards similarly allow online shoppers to mask their financial accounts. Many financial institutions offer free transaction alerts that notify you when charges hit your account.

Scams 243

Scams Retail Banking Passwords 243

CSO Magazine

JANUARY 28, 2021

Health Insurance Portability and Accountability Act (HIPAA). The Health Information Technology for Economic and Clinical Health Act (HITECH). New York State Department of Financial Services, Cybersecurity Requirements for Financial Services Companies (23 NYCRR 500). North American Electric Reliability Corp.

CSO 128

CSO Financial Services Consumer Protection Data privacy 128

The Last Watchdog

FEBRUARY 25, 2019

Curcio walked me through how identity management technologies evolved over the past two decades. A separate set of startups soon cropped up specifically to handle the provisioning of log on accounts that gave access to multiple systems, and also the de-provisioning of those accounts when a user left the company. Positive steps.

Government 169

Government Authentication Technology Data breaches 169

Duo's Security Blog

AUGUST 22, 2022

In 2017, New York Department of Financial Services (NYDFS) passed cybersecurity regulation 23 NYCRR 500, requiring all financial services companies to implement multi-factor authentication (MFA). With one tap, users are able to quickly and easily login to their account.

Cybersecurity 98

Cybersecurity Financial Services VPN Technology 98

Responsible Cyber

NOVEMBER 23, 2024

The healthcare sector has been particularly hard-hit, accounting for over 30% of the total breaches. Financial services have also faced significant incidents, with many institutions relying heavily on third-party technology partners to deliver essential services.

Risk 81

Risk Healthcare Education Cybersecurity 81

The Last Watchdog

MAY 17, 2021

Related: How credential stuffing fuels account takeovers. In pulling off that milestone hack, Paige Thompson took advantage of CapOne’s lack of focus on cloud security as the banking giant rushed headlong into leveraging Amazon Web Services. The summer of 2019 was a heady time for the financial services industry.

Cloud Migration 164

Cloud Migration Banking Firewall Software 164

Thales Cloud Protection & Licensing

JANUARY 10, 2022

The financial services ecosystem has evolved tremendously over the past few years driven by a surge in the adoption of digital payments. This raises the question of where digital payment technologies will take us in the future, and how will this affect consumers? How Can We Secure The Future of Digital Payments?

Retail 126

Retail Financial Services Banking Authentication 126

Security Affairs

OCTOBER 15, 2019

The Pitney Bowes company announced that a ransomware attack infected its systems and cause a partial system outage that made some of its service unavailable for some customers. Pitney Bowes is a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing, data and financial services.

Ransomware 106

Ransomware eCommerce Advertising Financial Services 106

Centraleyes

MARCH 3, 2025

New York’s Privacy Laws: A Legacy and a Challenge New York is a leader in finance, culture, and technology. The New York Department of Financial Services (DFS) Cybersecurity Regulation, introduced in 2017, was groundbreaking, setting a high bar for financial institutions. fingerprints, retina scans).

Data breaches 52

Data breaches Risk Financial Services Data privacy 52

IT Security Guru

MARCH 27, 2024

The Digital Operational Resilience Act (Regulation (EU) 2022/2554) was born from a realisation that businesses, particularly those in financial services, rely increasingly on Information and Communications Technology (ICT) and digital means to operate. DORA takes effect in January 2025.

Financial Services 91

Financial Services Risk Penetration Testing Technology 91

Security Boulevard

MARCH 14, 2025

National Institute of Standards and Technology (NIST) SP 800-53 Rev. ISO/IEC 27001 & ISO/IEC 27017: These ISO standards offer vital guidance for securing cloud services, particularly the APIs that support them. They stress the need for secure data transmission using technologies like TLS 1.2+ 5: The NIST SP 800-53 Rev.

Authentication 52

Authentication Threat Detection Government Data breaches 52

CyberSecurity Insiders

JANUARY 31, 2022

While claiming responsibility for the ransomware attack on Kaseya VSA that closed hundreds of supermarket stores for several days, the quarter saw the REvil/Sodinokibi family of ransomware continue to lead in its pervasiveness as it had in Q2, accounting for nearly half of Trellix’s ransomware detections. infrastructure. Sector Activity.

Financial Services 52

Financial Services Ransomware Retail Cyber threats 52

CyberSecurity Insiders

JUNE 28, 2021

While previously all this personal and financial information was controlled by your bank, PSD2 required all banks in the EU to create application programming interfaces (APIs) – a technology infrastructure that provides a secure and effective way to expose this data – and then share them with officially approved third parties.

Banking 133

Banking Financial Services Authentication Technology 133

Security Boulevard

JANUARY 24, 2025

Meanwhile, a report warns about overprivileged cloud accounts. DORA establishes strict cybersecurity requirements for financial firms including banks , insurance companies and investment firms, as well as for third-parties that provide information and communications technology (ICT) products and services to financial sector organizations.

Banking 69

Banking Cybersecurity Artificial Intelligence Ransomware 69

The Last Watchdog

MARCH 26, 2019

Pick any company in any vertical – financial services, government, defense, manufacturing, insurance, healthcare, retailing, travel and hospitality – and you’ll find employees, partners, third-party suppliers and customers all demanding remote access to an expanding menu of apps — using their smartphones and laptops.

Digital transformation 145

Digital transformation Internet Internet Accountability 145

CyberSecurity Insiders

JUNE 16, 2021

With the average person now spending 2 hours and 51 minutes on their phone each day, service providers like ecommerce sites and entertainment channels have had to adapt their interfaces so that they also work on a smartphone. The financial services industry is no exception. Why is this possible?

Banking 84

Banking Authentication Mobile Financial Services 84

The Last Watchdog

AUGUST 22, 2019

Shifting requirements One way to understand the security hazards is to think about the radical changes being imposed on the traditional enterprise technology stack. Byron “When somebody wants to move their applications to the cloud, we ensure the account security of the data that resides in the cloud,” Byron says. “We

Digital transformation 147

Digital transformation Risk Firewall Accountability 147

Security Boulevard

AUGUST 31, 2021

Organizations around the world must fulfill an increasing number of regulatory requirements including NIST, Sarbanes-Oxley Act (SOX), Health Insurance Portability and Accountability Act (HIPAA), Payment Card Industry Data Security Standard (PCI-DSS) and General Data Protection Regulation (GDPR) as well as federal and state data breach laws.

Risk 114

Risk Data breaches Healthcare Financial Services 114

Malwarebytes

OCTOBER 27, 2023

In a security blog about Octo Tempest Microsoft states: “Octo Tempest monetized their intrusions in 2022 by selling SIM swaps to other criminals and performing account takeovers of high-net-worth individuals to steal their cryptocurrency.”

Social Engineering 121

Social Engineering Engineering Ransomware Backups 121