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2024 Thales Global Data Threat Report: Trends in Financial Services

Thales Cloud Protection & Licensing

2024 Thales Global Data Threat Report: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. A lack of multifactor authentication (MFA) to protect privileged accounts was another culprit, at 10%, also 7 percentage points lower than average.

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It’s Time for Banks to Release the Brakes and Accelerate Their Digital Transformation

Security Boulevard

Over the past year, like many industries, the financial sector has faced a range of both challenges and opportunities, leading to a decade’s worth of digital transformation in 12 short months. We have seen particular growth in interest from banks and financial services in deploying a cloud-based Zero Trust approach.

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New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024

Thales Cloud Protection & Licensing

New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024 madhav Fri, 10/25/2024 - 06:09 The next major deadline for compliance with the updated cybersecurity rules from the New York State Department of Financial Services (NYDFS) is November 1, 2024.

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Simplifying Compliance in the Complex U.S. FinServ Regulatory Landscape

Thales Cloud Protection & Licensing

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.

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Solid Data Security: The Foundation of a Safe Digital World

Thales Cloud Protection & Licensing

Individuals risk identity theft, financial loss, and privacy violations. Businesses, particularly those in financial services, healthcare, and retail sectors, suffer from operational disruptions and financial penalties.

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Five key trends that will shape digital identity and security in 2022

CyberSecurity Insiders

Incorporating practices like card recycling as well as eco-friendly products such as the Ocean Plastic® Card made of reclaimed marine plastic waste collected by Parley for the Oceans , has also been front of mind for many financial services organisations in the past year. Accelerated digital transformation for people and things .

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Turning Aspiration into Action to Protect Financial Institutions

Thales Cloud Protection & Licensing

Data security professionals also make ambitious plans, but implementation rates are too low – a key finding in the 2019 Thales Data Threat Report-Financial Services Edition. Here’s a look at four common issues highlighted in the 2019 Thales Data Threat Report-Financial Services Edition and tips for overcoming them.