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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. financial services organizations are increasing at an alarming rate. Each and every environment and instance requires a data security plan and implementation tuned to the environment.

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GUEST ESSAY: The Top 5 myths about SIEM –‘security information and event management’

The Last Watchdog

Querying at scale is a long-recognized challenge of legacy SIEM solutions; when you intentionally create a big data problem, you must also find a way to solve it. However, there are cases where enterprises, like large players in the financial services vertical, simply need to collect ridiculously vast amounts of data.

Marketing 230
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Oracle Critical Patch Update for January 2022 will fix 483 new flaws

Security Affairs

.” The CPU will address critical vulnerabilities in Oracle Essbase, Graph Server and Client, Secure Backup, Communications Applications, Communications, Construction and Engineering, Enterprise Manager, Financial Services Applications, Fusion Middleware, Insurance Applications, PeopleSoft, Support Tools, and Utilities Applications.

Big data 124
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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.

Retail 143
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News alert: Harter Secrest & Emery announces designation as NetDiligence-authorized Breach Coac

The Last Watchdog

Harter Secrest & Emery’s privacy and data security clients range from Fortune 100 corporations to closely-held businesses in a wide range of industries, including healthcare, financial services, data analytics/big data, retail, education, manufacturers, defense contractors, and employers of all sizes.

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

Malwarebytes

Microsoft reports that in doing so, Octo Tempest progressively broadened the number of industries it targeted for extortion, including natural resources, gaming, hospitality, consumer products, retail, managed service providers, manufacturing, law, technology, and financial services.

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

The Last Watchdog

Here are key takeaways: Security benefits Protect the data itself. Yet in the age of Big Data and digital transformation many organizations still don’t do this very well. For a full drill down, give a listen to the accompanying podcast. Sounds simple enough.