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2024 Thales Global Data Threat Report: Trends in Financial Services

Thales Cloud Protection & Licensing

2024 Thales Global Data Threat Report: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. The Dangers of Emerging Technology Trends When asked about emerging concerns, quantum computing threats came up unsurprisingly.

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How to make sure your digital transformation is secure

CyberSecurity Insiders

In our increasingly digital world, a greater proportion of businesses across different sectors are trying to integrate new technologies into their processes. Technologies such as IoT, cloud computing, edge computing, and AI have the ability to drastically improve the service and operations of any business.

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It’s Time for Banks to Release the Brakes and Accelerate Their Digital Transformation

Security Boulevard

Over the past year, like many industries, the financial sector has faced a range of both challenges and opportunities, leading to a decade’s worth of digital transformation in 12 short months. We have seen particular growth in interest from banks and financial services in deploying a cloud-based Zero Trust approach.

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MY TAKE: Coping with security risks, compliance issues spun up by ‘digital transformation’

The Last Watchdog

Companies are being compelled to embrace digital transformation, or DX , if for no other reason than the fear of being left behind as competitors leverage microservices, containers and cloud infrastructure to spin-up software innovation at high velocity. “The A core security challenge confronts just about every company today.

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SHARED INTEL: How attacks on web, mobile apps are being fueled by rising API vulnerabilities

The Last Watchdog

It’s the glue holding digital transformation together. Related: A primer on ‘credential stuffing’ APIs are the conduits for moving data to-and-fro in our digitally transformed world. APIs are literally everywhere in the digital landscape, and more are being created every minute. I’ll keep watch.

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SHARED INTEL: Poll highlights the urgency to balance digital resiliency, cybersecurity

The Last Watchdog

The pace and extent of digital transformation that global enterprise organizations have undergone cannot be overstated. Organizations, such as financial services or government, deal with sensitive information and prefer a private cloud model with greater control over the security of applications, users, and data.

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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. Two other key drivers are digital transformation and poor investments in IT security tools needed to protect data.