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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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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.

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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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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.

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

The Last Watchdog

And it’s certainly not for lack of technology; just visit the vast exhibitors’ floor at RSA Conference or Black Hat USA. We discussed how SecurityFirst set out three years ago to begin commercially distributing something called cryptographic splitting technology. Here are key takeaways: Security benefits Protect the data itself.

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Expanding Across EMEA with Exclusive

Security Boulevard

Exclusive Networks has a unique ‘local sale, global scale’ model, combining the extreme focus and value of local independents with the scale and service delivery of a single worldwide distribution powerhouse. In short, because innovation and usage has outpaced the existing technology stack’s ability to protect APIs.