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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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Ask Fitis, the Bear: Real Crooks Sign Their Malware

Krebs on Security

Code-signing certificates are supposed to help authenticate the identity of software publishers, and provide cryptographic assurance that a signed piece of software has not been altered or tampered with. “Antivirus software trusts signed programs more. For some types of software, a digital signature is mandatory.”

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

Thales Cloud Protection & Licensing

The Data Security Challenge Thales recently released the 2024 Thales Data Threat Report – Financial Services Edition which highlights the latest data security challenges and threats to financial services organizations.

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Solid Data Security: The Foundation of a Safe Digital World

Thales Cloud Protection & Licensing

A host of threats continue to put enterprise data at risk. In fact, according to the 2024 Thales Data Threat Report , more than 80% of organizations reported at least one breach in the last year, while ransomware attacks grew more frequent, with 28% of organizations reported experiencing an attack in 2024, compared to 22% in 2023.

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Identity at a Crossroads: Why Existential Identity Matters

Thales Cloud Protection & Licensing

At the same time, AI agents who handle tasks from data processing to decision-making also require identities that must be registered, authenticated, and authorized. Organizations are quickly embracing technologies like passwordless logins and biometric authentication, making it simpler than ever to access accounts. But at what cost?

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The Future of Payments Security

Thales Cloud Protection & Licensing

Criminals use personal and financial data to impersonate customers and add apparent authenticity to a scam. Strong Customer Authentication (SCA). Table 1: Strong Customer Authentication Factors. These mechanisms should allow capturing of the following information: lists of compromised or stolen authentication elements.

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New Report on Current and Emerging Cyber Threats to Healthcare

CyberSecurity Insiders

Health-ISAC, a nonprofit, private sector, member-driven organization, has released its annual cyber threat report on current and emerging threat activity in the healthcare industry, in collaboration with Booz Allen Hamilton Cyber Threat Intelligence.