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A report published Monday by cloud services and CDN (content delivery network) platform Akamai said that the financialservices industry is an increasingly popular target for a wide range of cyberattacks, with application and API attacks against the vertical more than tripling in the past year.
CSO's ultimate guide to security and privacy laws, regulations, and compliance Security and privacy laws, regulations, and compliance: The complete guide This directory includes laws, regulations and industry guidelines with significant security and privacy impact and requirements. Oregon Consumer Information Protection Act (OCIPA) SB 684.
“Emotet has been one of the most professional and long-lasting cybercrime services out there,” according to Europol. It was thought the malware, first discovered in 2014, had been vanquished by law enforcement agencies from eight countries in January 2021. However, it reportedly resurfaced this past November.
Paul speaks with Caleb Sima, the CSO of the online trading platform Robinhood, about his journey from teenage cybersecurity phenom and web security pioneer, to successful entrepreneur to an executive in the trenches of protecting high value financialservices firms from cyberattacks. Caleb Sima is the CSO at Robinhood.
Get the latest from CSO by signing up for our newsletters. ]. Get the latest from CSO by signing up for our newsletters. ]. On February 4, 2021, New York became the first state in the nation to issue a cybersecurity insurance risk framework to all authorized property and casualty insurers.
In this Spotlight episode of the Security Ledger podcast, I interview Richard Bird, the CSO of the firm Traceable AI about the challenge of securing application programming interfaces (APIs), which are increasingly being abused to steal sensitive data. The post Spotlight: Traceable CSO Richard Bird on Securing the API Economy appeared first.
The manufacturing giant that works across several different lines of business, including industrial, smart infrastructure, health care, financialservices, is protecting its systems by focusing on three main areas: zero trust, supply chain, and legacy systems. To read this article in full, please click here
And as head of enterprise cybersecurity at MassMutual, an insurance and financialservices firm, she has a plan on how to bring those pieces together to deliver for her organization. Sign up for CSO newsletters. ].
A born-in-the-cloud company, Mercury Financial upholds a competitive advantage in the financialservices industry through advanced technology tools that help its customers responsibly manage their credit and offer them credit as they’ve never had before.
The attack , which Microsoft researchers call multi-stage adversary-in-the-middle (AiTM) phishing, started with a compromise at a trusted vendor and targeted organizations from the banking and financialservices sectors. To read this article in full, please click here
That said, many industries — perhaps none more so than financialservices — recognize that cybersecurity has become more critical, due to factors such as COVID-19, which caused a shift to remote work and the need to secure distributed devices.
Ransomware was again the top attack type in 2021, with manufacturing replacing financialservices as the top industry in a Brooks. Jon Hocut, director of information security for Brooks To read this article in full, please click here
“It took nearly 11 months (328 days) to identity and contain data breaches resulting from stolen or compromised credentials.” – IBM’s Cost of Data Breach Report 2023 I recently came across a 2012 article from CSO Online , and realized that it has been more than 11 years since the phrase “Identity is the new perimeter” was coined!
They target multiple industries simultaneously, including manufacturing, financialservices, technology, retail, healthcare, energy, and media." To read this article in full, please click here
Web traffic volumes for an Akamai financialservices customer before and after the March 2020 lockdown (the green bars represent daily customer traffic and the blue line represents web performance) To read this article in full, please click here Some banking sites were overwhelmed by traffic and slowed to a crawl.
Attacks range from critical infrastructure providers to manufacturing, financialservices, and most recently an American football team. The BlackByte ransomware group has been linked to multiple US, European, and Australian cyberattacks since July 2021.
It’s no secret that the global pandemic increased opportunities for threat actors and cybercriminals to target financialservices. Throughout 2020, scammers used the economic tension caused by COVID-19 — the promise of financial assistance, the stress of financial hardship — to target people across the globe via phishing attacks.
To address these challenges, the European Union introduced the Digital Operational Resilience Act (DORA) in 2022, designed to ensure that financial entities can withstand and recover from cyber threats while maintaining operational continuity. The world has changed.
Financialservices giant Mastercard has announced the launch of a new attack simulation and assessment platform designed to help businesses and governments enhance their cybersecurity operational resilience.
It also provides an overall assessment of the global state of DFIR across industries, with the three most prominent being financialservices, healthcare, and technology. State of Enterprise DFIR highlights the impact of hybrid work and the growth of data volume on digital forensics incident response (DFIR) teams.
Faulkner was joined by Sarah Buerger, BISO, The Kraft Heinz Company; Mike Zachman, VP & CSO, Zebra Technologies; and Lynn Dohm, Executive Director, Women in CyberSecurity (WiCyS), who artfully moderated the panel discussion.
He is a cybersecurity and M&A professional, focusing predominantly within financialservices, life sciences, health care and retail industries. Ashutosh Kapsé is the head of cybersecurity at IOOF Holdings Limited, one of the largest non-banking financialservices organizations in Australia.
Unraveling the True Security Risks ” (SecurityWeek) “ How deepfakes threaten biometric security controls ” (TechTarget) “ Deepfakes break through as business threat ” (CSO) 3 - Fake update variants dominate list of top malware in Q3 Hackers are doubling down on fake software-update attacks.
I had much more authority when I was working in financialservices," Sherry said. Higher education is obviously a much different culture than corporate, and finance, and government, and other verticals. Launching weekly roundtable discussions around risk.
This gives you an idea of the steady flow of weaponized email attacks against companies of all sizes and in all sectors, with certain verticals, namely financialservices, healthcare companies and tech firms bearing the brunt. Employees today receive mixed messages. So, the challenge becomes productivity versus security.”.
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