The Last Watchdog

MAY 23, 2023

As digital transformation accelerates, Application Programming Interfaces (APIs) have become integral to software development – especially when it comes to adding cool new functionalities to our go-to mobile apps. Hackers know just how vulnerable companies are at this moment. So be careful out there. I’ll keep watch and keep reporting.

Mobile 200

Mobile Digital transformation Financial Services Software 200

SC Magazine

FEBRUARY 2, 2021

A quasi-governmental entity in the United Kingdom is rolling out a new tool designed to boost fraud protections among open banking partners, offering an interesting lesson in risk management amid digital transformation. While the introduction of open banking in the U.K.

Digital transformation 73

Digital transformation Banking Risk Identity Theft 73

Thales Cloud Protection & Licensing

JANUARY 16, 2025

However, as important as PCI may be, United States financial services organizations operate in one of the worlds most stringent and complex compliance landscapes. Understanding the US FinServ Compliance Landscape The US financial services industry is subject to a vast number of laws and regulations.

Financial Services 62

Financial Services Encryption Insurance Government 62

The Last Watchdog

MARCH 1, 2019

Now toss in the fact that digital transformation is redoubling software development and data handling complexities. This, in short, is the multi-headed hydra enterprises must tame in order to mitigate rising cyber risks. LW: How has ‘digital transformation’ exacerbated the need for SOAR? Smart money.

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Threat Detection Digital transformation Marketing Firewall 193

Security Boulevard

NOVEMBER 4, 2024

The Role of Secrets Management in Securing Financial Services madhav Tue, 11/05/2024 - 04:30 Secrets management is one of the top DevOps challenges. Let’s look at the role of secrets management for financial services. Why is secrets management crucial for financial services?

Financial Services 59

Financial Services Digital transformation Encryption Risk 59

Thales Cloud Protection & Licensing

OCTOBER 16, 2024

The State of Data Security in 2024 However, not only individuals must protect their digital assets; organizations do, too. A host of threats continue to put enterprise data at risk. Individuals risk identity theft, financial loss, and privacy violations.

DDOS 62

DDOS Encryption Data breaches Identity Theft 62

The Last Watchdog

JUNE 17, 2020

Without them digital transformation would never have gotten off the ground. Related: Defending botnet-driven business logic hacks APIs made possible the astounding cloud, mobile and IoT services we have today. OFX is the financial service industry’s standard for transferring funds,” he says.

Digital transformation 178

Digital transformation Internet Internet Hacking 178

Thales Cloud Protection & Licensing

NOVEMBER 22, 2021

To compete, financial institutions are investing heavily in digital transformation. Secure digital payments leveraging biometrics, tokens, and context-based security. The full digitization of contracts, subscriptions and consumption of services. Reducing risk and complexity. The challenge.

Banking 71

Banking Digital transformation Financial Services Risk 71

Security Boulevard

OCTOBER 16, 2024

API security is a critical concern for industries that are undergoing digital transformation. Financial services and insurance sectors are particularly vulnerable due to the increasing number of APIs they need to manage. However, with rapid expansion comes increased risk, especially when APIs are not fully secured.

Insurance 69

Insurance Financial Services Digital transformation Cloud Migration 69

Thales Cloud Protection & Licensing

OCTOBER 28, 2024

The Relevance of Privacy-Preserving Techniques and Generative AI to DORA Legislation madhav Tue, 10/29/2024 - 04:55 The increasing reliance on digital technologies has created a complex landscape of risks, especially in critical sectors like finance.

Encryption 62

Encryption Risk Data privacy Artificial Intelligence 62

Security Boulevard

MAY 12, 2021

But today, the rise of online banking, digital applications, and challenger banks has caused significant disruption across financial services. The COVID-19 crisis has put pressure on banks to improve their digital offerings as lockdowns have forced customers to turn to online banking rather than physical, in-store experiences.

Banking 115

Banking Digital transformation Technology Financial Services 115

The Last Watchdog

MARCH 26, 2019

One way to grasp how digital transformation directly impacts the daily operations of any organization – right at this moment — is to examine the company’s application environment. It becomes difficult to build security into the application when you are doing that frequent of a change and you end up more exposed to risk.

Digital transformation 145

Digital transformation Internet Internet Accountability 145

Thales Cloud Protection & Licensing

DECEMBER 4, 2019

Data security professionals also make ambitious plans, but implementation rates are too low – a key finding in the 2019 Thales Data Threat Report-Financial Services Edition. Here’s a look at four common issues highlighted in the 2019 Thales Data Threat Report-Financial Services Edition and tips for overcoming them.

Financial Services 17

Financial Services Encryption Threat Reports Digital transformation 17

Security Boulevard

OCTOBER 24, 2024

New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024 madhav Fri, 10/25/2024 - 06:09 The next major deadline for compliance with the updated cybersecurity rules from the New York State Department of Financial Services (NYDFS) is November 1, 2024.

Financial Services 72

Financial Services Cybersecurity CISO Backups 72

Security Boulevard

FEBRUARY 23, 2022

As we continue to build out our network of partners to help API-driven organizations identify and eradicate risks, I’m excited to announce our EMEA-wide partnership with Exclusive Networks. As a result, we continue to see API security incidents make the news headlines and cause significant reputational risk for companies. .

Digital transformation 105

Digital transformation Marketing Banking Risk 105

The Last Watchdog

SEPTEMBER 10, 2019

Related: How 5G will escalate DDoS attacks Caught in the pull of digital transformation , companies are routing ever more core operations and services through the Internet, or, more precisely, through IP addresses, of one kind or another.

DDOS 171

DDOS Internet Internet Digital transformation 171

Security Boulevard

JULY 28, 2021

Meanwhile, a constant stream of new data exacerbates the privacy, productivity, and latency risks already slowing them down. . They must harness all that data to compete in the rapidly evolving global financial services ecosystem. Data Capabilities to Accelerate Open Banking Innovatio n .

Banking 142

Banking Marketing Digital transformation Risk 142

CyberSecurity Insiders

DECEMBER 14, 2021

INDIANAPOLIS–( BUSINESS WIRE )– Pondurance , a leader in Managed Detection and Response (MDR) services, today launched Cyber Risk Assessments powered by MyCyberScorecard. Comprehensive views of low, medium and high risk MyCyberScores. Streamlined workflows and robust analytics.

Cyber Risk 52

Cyber Risk Risk Insurance Cyber Insurance 52

Security Boulevard

JANUARY 24, 2022

For all its other security milestones, 2021 was the year that vulnerability disclosures began to get their due, taking on greater importance across all sectors, but particularly in government where valid submissions rose 1,000% and in financial services and software, where they rose 82% and 73%, respectively.

Financial Services 98

Financial Services Government Software Digital transformation 98

The Last Watchdog

OCTOBER 29, 2019

APIs are the conduits for moving data to-and-fro in our digitally transformed world. Long-run damage Data Theorem has won customers from the financial services and technology sectors that are routinely creating dozens of new APIs per day. The forward-pull of digital transformation is kicking in.

Mobile 140

Mobile Digital transformation Data breaches Firewall 140

SecureWorld News

APRIL 4, 2022

Companies and executives must understand the ever-changing cybersecurity threat landscape in a high-risk digital environment. The most frequent targets of leakware are hospitals, law firms, and financial services organizations. Adopt cloud services. According to the U.S.

Ransomware 97

Ransomware Digital transformation Phishing Small Business 97

Security Boulevard

JULY 22, 2021

In the financial services industry, the opposing dynamics of fintech companies and banking organizations create the perfect storm of risk. s EVP/COO Lindsay Lawrence shared: “We’re first and foremost in the risk business, so I don’t care how cool the idea is,” Lawrence stated. “If Listen to the full presentation here. .

Banking 111

Banking Digital transformation Technology Engineering 111

Thales Cloud Protection & Licensing

JULY 9, 2018

The digital transformation has changed how the world does business. Digital transformation can and does deliver increased efficiencies, improved decision-making, lower costs, improved reach, and higher profits. For example, a national identity number of nine digits (123-45-6789) when tokenized (e.g.

Digital transformation 75

Digital transformation Financial Services Healthcare Encryption 75

McAfee

NOVEMBER 3, 2020

Prior to joining Collins, Alexandra led Booz Allen’s Commercial Aerospace practice, building and overseeing multi-disciplinary teams to advise C-level clients on cybersecurity and digital transformation initiatives. During her first few years at Booz Allen, she supported technology, innovation and risk analysis initiatives across U.S.

Cybersecurity 93

Cybersecurity Architecture Cloud Migration Retail 93

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

Black Friday and Cyber Monday, both hailed as the epitome of shopping extravagance, are also synonymous with a heightened risk of cyberattacks on retail platforms. It becomes, therefore, essential for retailers to consider the fresh insights provided by the Thales 2023 Data Threat Report – Financial Services Edition.

Retail 83

Retail Cybersecurity Financial Services Mobile 83

Security Boulevard

JANUARY 16, 2025

However, as important as PCI may be, United States financial services organizations operate in one of the worlds most stringent and complex compliance landscapes. Understanding the US FinServ Compliance Landscape The US financial services industry is subject to a vast number of laws and regulations.

Financial Services 52

Financial Services Encryption Insurance Government 52

Security Boulevard

MARCH 9, 2022

It isn’t just ransomware that is a growing issue for the financial sector, but credential stuffing attacks that are posing major risks to banks and credit unions. The post API’s Are Leaving Digital Banking Services Unlocked appeared first on Enzoic. In 2020, the.

Banking 105

Banking Ransomware Risk Digital transformation 105

IT Security Guru

MARCH 7, 2023

They power the web applications that connect today’s digital world, and their use will only continue to grow as more organisations adopt digital transformation initiatives and shift towards cloud-based solutions. APIs are everywhere. This API sprawl presents major security challenges for organisations.

Cloud Migration 111

Cloud Migration Digital transformation Marketing Financial Services 111

The Security Ledger

APRIL 5, 2023

APIs, today, are everywhere – they’re the foundation of digital transformation initiatives: allowing organizations exchange of data and instructions seamlessly between applications – many hosted in cloud environments. APIs abused in cyber attacks But APIs can also facilitate cyber attacks and the theft of data.

CSO 52

CSO Digital transformation Cyber Attacks Financial Services 52

Security Boulevard

OCTOBER 16, 2024

The State of Data Security in 2024 However, not only individuals must protect their digital assets; organizations do, too. A host of threats continue to put enterprise data at risk. Individuals risk identity theft, financial loss, and privacy violations.

DDOS 69

DDOS Encryption Data breaches Identity Theft 69

Thales Cloud Protection & Licensing

FEBRUARY 12, 2024

The impacts of Cloud on datacenters and IT infrastructure is still at the transformative stage where it is beginning to be well-established as the new normal. With each of these new technologies come great benefits, but they also come with great risks, particularly from Quantum computers. Don’t delay – begin to get ready for PQC today.

Technology 71

Technology Artificial Intelligence Digital transformation Risk 71

Security Boulevard

SEPTEMBER 26, 2022

By investing in security protocols and prevention methods, you can protect your site from cyber attackers and thus eliminate the risk of slashing your site’s worth and having to pay for standard data breach costs like remediation, customer loss, business disruptions, PR and notification costs, and much more. Related Posts. Alexa Hernandez.

Data breaches 69

Data breaches Cyber Attacks Digital transformation Encryption 69

Thales Cloud Protection & Licensing

DECEMBER 12, 2024

According to the 2024 Thales Data Threat Report Financial Services Edition , 39% of U.S. financial services organizations report that they have experienced a data breach in the past. Thales Data Security Platform is pivotal to creating a comprehensive data security strategy with enhanced risk management.

Financial Services 62

Financial Services Data breaches Encryption Cloud Migration 62

Security Boulevard

DECEMBER 12, 2024

According to the 2024 Thales Data Threat Report Financial Services Edition , 39% of U.S. financial services organizations report that they have experienced a data breach in the past. Thales Data Security Platform is pivotal to creating a comprehensive data security strategy with enhanced risk management.

Financial Services 59

Financial Services Encryption Data breaches Cloud Migration 59

Security Boulevard

JULY 12, 2024

Financial firms should explore how the vast array of SASE services can improve the services they offer while providing unparalleled security for the network. The post Addressing Financial Organizations’ Digital Demands While Avoiding Cyberthreats appeared first on Security Boulevard.

Digital transformation 122

Digital transformation Financial Services IoT Security Awareness 122

Thales Cloud Protection & Licensing

SEPTEMBER 25, 2024

With the acquisition, Thales adds Imperva’s partners to its extensive partner ecosystem, expanding its portfolio into data governance, data risk and analytics, and application security. Thales’s primary route to market is with the channel, generating around 85% of its worldwide revenues via partners.

Encryption 62

Encryption Financial Services Digital transformation Software 62

CyberSecurity Insiders

FEBRUARY 3, 2022

Starting from the new automated, continuously updated asset inventory, practitioners can choose whether a quick assessment of workload risk is enough, or if they also want to actively protect those workloads from attacks in runtime. Many cloud native teams work with a varying number of applications that have access to sensitive customer data.

Risk 52

Risk Digital transformation Financial Services Retail 52