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Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment

Thales Cloud Protection & Licensing

Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment. Companies and organizations, whether in the public or in the private sector, are re-establishing their business in the era of information and data revolution. Weak security practices lead to data breaches.

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Network Encryption Keeps Our Data in Motion Secure for Business Services

Thales Cloud Protection & Licensing

Network Encryption Keeps Our Data in Motion Secure for Business Services madhav Tue, 07/25/2023 - 04:59 The demand for high-speed networks and fast data transfers is increasing due to cloud adoption, digital transformation, and hybrid work. Why do you need network encryption in business services?

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Octo Tempest cybercriminal group is "a growing concern"—Microsoft

Malwarebytes

ALPHV was the third most used RaaS between October 2022 - September 2023 ALPHV is a typical RaaS group where several criminal organizations work together to extort victims for data theft and/or encryption of important files. The service is used by criminal gangs called affiliates who actually carry out attacks.

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The Future of Payments Security

Thales Cloud Protection & Licensing

Big Data and EMV 3DS. Fraud detection is where big data and machine learning come in handy. Using machine learning, algorithms can go through huge transactional data sets to spot unusual behaviour. The use of big data analytics by the banking sector can lead to enhanced fraud detection and superior risk assessment.

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Hush – This Data Is Secret

CyberSecurity Insiders

Is There Ever Too Much Data? As a security practitioner, you know that businesses are fuelled not only by people but by data. Years ago, the phrase “Big Data” was a new, innovative way to gain a business advantage. Now, big data is the norm. It is an all-or-nothing proposition.

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NEW TECH: How ‘cryptographic splitting’ bakes-in security at a ‘protect-the-data-itself’ level

The Last Watchdog

Yet in the age of Big Data and digital transformation many organizations still don’t do this very well. Cryptographic splitting has to do with encrypting data, splitting this encrypted data into smaller, random chunks, and then distributing those smaller chunks to several storage locations.

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Top 5 Industries Most Vulnerable to Data Breaches in 2023

Security Boulevard

Data breaches caused by weak security measures and procedures result in severe monetary losses, erosion of clients’ trust, and irreversible reputation damage to organizations in the healthcare, financial services, technology, and retail industries, as well as government and public sector entities.