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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. The Dangers of Emerging Technology Trends When asked about emerging concerns, quantum computing threats came up unsurprisingly.

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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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U.S. Healthcare Industry Needs a Shot in the Arm When it Comes to Data Protection: 70% experienced a breach; Less than 38% are encrypting even as threats increase

Thales Cloud Protection & Licensing

Data breaches are at an epidemic level with healthcare organizations experiencing the highest attack rate compared to any other industry studied according to the new Thales 2019 Data Threat Report-Healthcare Edition. They’re counting on the fact that only 38% or less of healthcare organizations encrypt data.

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The Future of Payments Security

Thales Cloud Protection & Licensing

Even when banking organizations are upgrading security posture to safeguard sensitive financial information, hackers can steal the data intelligently by tying known vulnerabilities together, and making it turn out to be a potential attack. In fact, recent reports highlight that “half of all mobile banking apps are vulnerable.”

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Defending Financial Services Against Fraud in a Shifting Cyber Landscape

Thales Cloud Protection & Licensing

Cybercriminals and fraudsters have become innovative enough to exploit the expanding attack surface of financial institutions and turn risks into threats. The Report highlights the critical areas of concern that banking and financial executives must invest in to minimize the potential and impact of fraud and cybercrime.

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Cyber Security Awareness Month – Answering Google’s Most Commonly Asked Questions

Thales Cloud Protection & Licensing

Encryption, data sovereignty, multifactor authentication and website cookies are all vital ideas and technologies to keep consumers’ personal data safe – but research released this month reveals widespread confusion. Encryption What is encryption? It's about ensuring your data is handled responsibly and securely.

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Data Privacy and Security: It Takes Two to Tango

Thales Cloud Protection & Licensing

It is important to understand that nowadays almost all our data – including our personal data, like banking information, medical records, and personal emails – are stored and processed in the cloud. Merely suggesting using multi-factor authentication (MFA) or encrypting everywhere is not enough. Todd Moore | VP, Encryption Products.