This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Every industry is dealing with a myriad of cyberthreats in 2024. However, from the sheer amount of regulations coming down the pipeline to the tools necessary to counter threat actors, internal IT is not the right resource for this monumental task. It’s a tale as old as the first computer. Open are slim to none.
The financialservices industry is arguably one of the most highly regulated sectors worldwide. This is due to the sensitivity of the data handled, the potential for widespread economic disruption, and the industrys central role in global financial stability. Top Compliance Management Solutions for the Financial Sector 1.
INDIANAPOLIS–( BUSINESS WIRE )– Pondurance , a leader in Managed Detection and Response (MDR) services, today launched CyberRisk Assessments powered by MyCyberScorecard. Roadmaps to cyber resilience. Interactive reporting that is easy to export and effectively communicate to senior management.
If you’re part of the financialservices ecosystem hereor interact with businesses regulated by the New York State Department of Financial Servicesyouve likely come across the NYDFS Cybersecurity Regulation. The program should be tailored to your specific business risks. What Is the NYDFS Cybersecurity Regulation?
This initiative, backed by a substantial $500 million investment, sets forth a series of nation-leading proposed regulations for hospitals, bolstering their defenses against ever-evolving cyberthreats. I view it as a welcomed step in helping security teams secure the funding and support they need to keep our heads above water. .
If you are responsible for IT security in the financialservices industry, you may have been asked by a regulator to disclose details on your company’s preparedness for cyber-attacks. A proactive approach to vulnerability risk management can certainly keep your company out of the cross-hairs of regulators and auditors.
This, in short, is the multi-headed hydra enterprises must tame in order to mitigate rising cyberrisks. Sutton: SOAR was born out of the gap between what SIEMs were supposed to be and the rising sophistication of cyberthreats. Smart money. Enter SOAR, the acronym for “security operations, analytics and reporting.”
As a result, a new generation of insurance startups has arisen over the past five years to rethink how cyberrisk is underwritten, infusing security expertise into the insurance product. In Q3 2021, Cloudflare automatically mitigated one of the world’s largest DDoS attacks that hit a customer in the financialservices industry.
The New York Department of FinancialServices (DFS) Cybersecurity Regulation, introduced in 2017, was groundbreaking, setting a high bar for financial institutions. This change accounts for modern cyberthreats such as phishing, malware, or insider threats.
Alexandra Heckler is Chief Information Security Officer at Collins Aerospace, where she leads a diverse team of cyber strategy and defense experts to protect against cyberthreats and ensure regulatory compliance. Director of CyberRisk & Security Services. Collins Aerospace. Petersburg, Florida.
However, a relentless barrage of data breaches, ransomware attacks, and sophisticated cyberthreats steadily erodes this trust. Payment Services Directive (PSD3) PSD3 is an updated version of PSD2 and provides rules on the efficiency and security of digital payments and financialservices in the EU.
VoIP phishing and impersonation also victimized millions of corporate employees across the world , contributing to an even greater cyberthreat. Cloud security success and choosing the right investments is all about having a clear understanding of threat types and their resulting damages.
However, a relentless barrage of data breaches, ransomware attacks, and sophisticated cyberthreats steadily erodes this trust. Payment Services Directive (PSD3) PSD3 is an updated version of PSD2 and provides rules on the efficiency and security of digital payments and financialservices in the EU.
billion by 2026, driven not only by remote working and growing cyberthreats but also by a massive cybersecurity skills shortage , the demands of government regulations , and the simple cost benefits of outsourcing. According to a recent MarketsandMarkets report , the global MSSP market is expected to nearly double from $22.8
Add IoT devices, bring-your-own-device (BYOD) policies, and manual processes vulnerable to human error, and many organizations struggle to achieve the full visibility needed to defend against evolving cyberthreats. In these orgs, external exposure directly correlates with the likelihood of a breach.
The goal is to transition from cumbersome manual methods to a more efficient, automated system that enhances your compliance efforts and boosts your cyberrisk management. By adopting the right tools, you can ensure continuous compliance, proactive risk management, and a robust defense against cyberthreats.
By leveraging the best TPRM platforms, organizations can effectively mitigate risks, ensure compliance, and protect their reputation. Invest in robust TPRM software to stay ahead of evolving cyberthreats and safeguard your organization’s assets.
30, 2024, CyberNewswire — The American Transaction Processors Coalition (ATPC) Cyber Council will convene “The Tie that Binds: A 21st Century Cybersecurity Dialogue,” on October 31, 2024, at the Bank of America Financial Center Tower’s Convention Hall in Atlanta. Atlanta, GA, Oct.
Leveraging authorities under the Safe Drinking Water Act (SDWA), the EPA is directing community water systems (CWSs) to take specific actions to ensure compliance with cybersecurity requirements and better secure their industrial control systems from escalating cyberthreats. water systems often lag behind.
It is creating a culture of cyberthreat awareness and best practices. All of the above is fine and good, but I think principles–creating a culture of cyber awareness–is generally more effective, which is why I favor cyber training that is aimed at minimizing, monitoring, and managing cyberrisk.
We organize all of the trending information in your field so you don't have to. Join 28,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content