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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. These organizations must contend with sophisticated threats and challenges in banking, insurance, investment banking, or securities.

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

Thales Cloud Protection & Licensing

The cybersecurity regulations apply to entities overseen by the NYDFS, such as financial institutions, insurance companies, agents, and brokers, as well as banks, trusts, mortgage lenders and brokers, money transmitters, check cashers, and other related businesses.

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Financial Services Data – More at risk than you’d believe

Thales Cloud Protection & Licensing

One of the top findings from the 2018 Thales Data Threat Report, Financial Services Edition was that data breaches in U.S. IT security pros in financial services organizations reporting that their organization already had a data breach – but breaches are increasing at alarming rates. banking customers.

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India’s Digital Future Is Bright

Thales Cloud Protection & Licensing

Digital transformation is changing the way we live and work, both in India and around the globe. Digital Transformation is Well Underway. Banking, financial services, media, insurance, and e-commerce companies have the lead in transformational initiatives in India.

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Establishing trust in mobile payments

Thales Cloud Protection & Licensing

At the start of the year, Thales released the findings of its latest annual global Data Threat Report which found that, as businesses everywhere undergo a form of digital transformation, the risk of data breaches has reached an all-time high. Trust is needed to allay this concern, and this trust should start at birth.

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Are Data Breaches the New Reality for Retail?

Thales Cloud Protection & Licensing

As digital transformation takes hold, the retail industry is under siege from cyber criminals and nation states attempting to steal consumers’ personal information, credit card data and banking information. Lines are now blurred between physical and digital experiences. And criminals are moving online.

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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.