Remove Authentication Remove Encryption Remove Financial Services
article thumbnail

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.

article thumbnail

SHARED INTEL Q&A: Forrester highlights why companies need to strive for ‘cryptoagility’– today

The Last Watchdog

Quantum computings ability to break todays encryption may still be years awaybut security leaders cant afford to wait. Related: Quantum standards come of age The real threat isnt just the eventual arrival of quantum decryptionits that nation-state actors are already stockpiling encrypted data in harvest now, decrypt later attacks.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Defending Financial Services Against Fraud in a Shifting Cyber Landscape

Thales Cloud Protection & Licensing

Defending Financial Services Against Fraud in a Shifting Cyber Landscape sparsh Tue, 11/14/2023 - 05:05 As we approach International Fraud Awareness Week during 12-18 November 2023, taking stock of the evolving threat landscape and the vulnerabilities that financial services organizations face is crucial.

article thumbnail

Why CISA is Warning CISOs About a Breach at Sisense

Krebs on Security

New York City based Sisense has more than 1,000 customers across a range of industry verticals, including financial services, telecommunications, healthcare and higher education. “If they are hosting customer data on a third-party system like Amazon, it better damn well be encrypted,” Weaver said.

CISO 316
article thumbnail

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.

article thumbnail

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.

article thumbnail

Multi-Factor Authentication Best Practices & Solutions

eSecurity Planet

Passwords are the most common authentication tool used by enterprises, yet they are notoriously insecure and easily hackable. At this point, multi-factor authentication (MFA) has permeated most applications, becoming a minimum safeguard against attacks. Jump to: What is multi-factor authentication? MFA can be hacked.