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

The Last Watchdog

JANUARY 30, 2019

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Cyber Risk 147

Cyber Risk Risk Financial Services Banking 147

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.

Threat Detection 193

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

NOVEMBER 4, 2020

Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment. businesses are taking advantage of digital technologies like cloud, mobile, and IoT to digitally transform their operations. Increased contactless and mobile payments introduce bigger risks.

Financial Services 62

Financial Services Mobile Digital transformation Encryption 62

Centraleyes

JANUARY 12, 2025

The financial services 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.

Financial Services 52

Financial Services Data privacy Risk Banking 52

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

NOVEMBER 18, 2024

Fraud Awareness Week: How to Effectively Protect Your Data and Combat Fraudsters madhav Tue, 11/19/2024 - 05:28 International Fraud Awareness Week (November 17-23) is a critical time to consider the significant risks that fraud poses to individuals and organizations. million in FY23. The same can become a reality for private businesses.

Financial Services 89

Financial Services Digital transformation Encryption Risk 89

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 17, 2021

Financial institutions run the risk of damaging their corporate public profile without embracing strong forward thinking environmental, social and corporate governance (ESG) policies. . To start, businesses can adopt and accelerate digital banking.? According to 2021 Pew Research Data ,?

Banking 137

Banking Government Digital transformation Marketing 137

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 98

Ransomware Digital transformation Phishing Small Business 98

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

Thales Cloud Protection & Licensing

NOVEMBER 16, 2020

While the pandemic accelerated their digital transformation initiatives, it also expanded their threat surface and opened up opportunities for cybercriminals. In fact, a recent survey revealed that COVID-19 accelerated companies’ digital transformation strategy by a global average of six years. Tue, 11/17/2020 - 06:44.

Healthcare 62

Healthcare Digital transformation Encryption Data breaches 62

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

Thales Cloud Protection & Licensing

APRIL 29, 2024

The Evolving Legislative and Compliance Landscape: A Roadmap for Business Leaders madhav Tue, 04/30/2024 - 05:32 Trust is the currency of the digital economy. It fuels innovation, drives customer loyalty, and underpins successful digital transformation. The DSA introduces tiered obligations based on platform size and reach.

Risk 71

Risk Manufacturing Digital transformation Cyber threats 71

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

APRIL 29, 2024

The Evolving Legislative and Compliance Landscape: A Roadmap for Business Leaders madhav Tue, 04/30/2024 - 05:32 Trust is the currency of the digital economy. It fuels innovation, drives customer loyalty, and underpins successful digital transformation. The DSA introduces tiered obligations based on platform size and reach.

Risk 72

Risk Manufacturing Digital transformation Cybersecurity 72