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
2024 Thales Global Data ThreatReport: Trends in FinancialServices madhav Tue, 10/15/2024 - 05:17 Financialservices (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.
The Role of Secrets Management in Securing FinancialServices 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 financialservices. Access control methods, encryption, and secure storage solutions are important components.
Defending FinancialServices Against Fraud in a Shifting Cyber Landscape sparsh Tue, 11/14/2023 - 05:05 As we approach International Fraud Awareness Week during 12-18 November 2023, taking stock of the evolving threat landscape and the vulnerabilities that financialservices organizations face is crucial.
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 FinancialServices (NYDFS) is November 1, 2024.
The Role of Secrets Management in Securing FinancialServices 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 financialservices. Access control methods, encryption, and secure storage solutions are important components.
Key recommendations for FinancialServices to improve cybersecurity and resilience in multi-clouds madhav Wed, 01/17/2024 - 05:46 The Digital Operational Resilience Act (DORA) will apply to the EU financial sector from 17 January 2025. As set out in its Article 2, DORA applies to the entire financialservices sector.
FinancialServices Organizations Need to Adapt their Security Practices to the Shifting Environment. At the same time, financialservices organizations need to adapt to a shifting global environment. Despite the solid regulatory environment, digitalized industries have a greater threat exposure.
Financialservices continue to lead in cybersecurity preparedness, but chinks appear in the armor. It highlights the leadership of financialservices in cybersecurity relative to other industries, but it also uncovers some surprising chinks in their cybersecurity armor. Thu, 09/01/2022 - 05:15.
A host of threats continue to put enterprise data at risk. In fact, according to the 2024 Thales Data ThreatReport , more than 80% of organizations reported at least one breach in the last year, while ransomware attacks grew more frequent, with 28% of organizations reported experiencing an attack in 2024, compared to 22% in 2023.
Data security professionals also make ambitious plans, but implementation rates are too low – a key finding in the 2019 Thales Data ThreatReport-FinancialServices Edition. Here’s a look at four common issues highlighted in the 2019 Thales Data ThreatReport-FinancialServices Edition and tips for overcoming them.
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 FinancialServices (NYDFS) is November 1, 2024.
Offers database encryption to protect against abuse by privileged users. Identity and Access Management (IAM) The 2024 Thales Data ThreatReport (DTR) FinancialServices Edition revealed that only 59% of financialservices organizations cite achieving security consistency across workforce and non-workforce identities.
The IBM 2023 Cost of a Data Breach Report , for example, highlights the continuous financial burden on retailers, which, coupled with potential reputational damage, emphasizes the dire need for retailers to prioritize and bolster their cybersecurity measures. The security of our financial data is of paramount importance.
Security & Compliance for SAP Data in FinancialServices. Financialservices companies keep some of their most valuable data in SAP applications, triggering the need for both additional security and taking steps toward meeting compliance requirements. Key Findings from 2022 Global Data ThreatReport.
There are two ways to protect customers’ PAN, encryption and tokenization. Using payment Hardware Security Modules (HSMs) the retail and banking industry can encrypt card-on-file information and protect the subsequent processing of payment transactions. Encryption. Data security. Data Breach. More About This Author >.
Cyber criminals may damage, destroy, steal, encrypt, expose, or leak data as well as cause harm to a system. The 2022 SonicWall Cyber ThreatReport found that all types of cyberattacks increased in 2021. Encryptedthreats spiked 167%, ransomware increased 105%, and 5.4 Ransomware. See the Top Rootkit Scanners.
Virtually every major financial institution, retailer, and scores of payment processors have been the victims of data breaches, incurring both financial and reputational damage. According to the 2022 Thales Data ThreatReport – FinancialServices Edition , 52% of U.S. million, second only to healthcare.
Just as you wouldn't feel comfortable if a shop left your credit card information on a sticky note, PCI DSS ensures that businesses treat your payment data with extra care, keeping it encrypted, well-protected, and out of reach from anyone who shouldn't have access to it. What is PCI? PCI compliance made easy. Thales Top PCI DSS 4.0
According to the 2019 Thales Data ThreatReport-India Edition , digital transformation is well underway in India, with 41% of Indian respondents saying they are either aggressively disrupting the markets they participate in or embedding digital capabilities that enable greater organizational agility.
A host of threats continue to put enterprise data at risk. In fact, according to the 2024 Thales Data ThreatReport , more than 80% of organizations reported at least one breach in the last year, while ransomware attacks grew more frequent, with 28% of organizations reported experiencing an attack in 2024, compared to 22% in 2023.
Just as you wouldn't feel comfortable if a shop left your credit card information on a sticky note, PCI DSS ensures that businesses treat your payment data with extra care, keeping it encrypted, well-protected, and out of reach from anyone who shouldn't have access to it. What is PCI? PCI compliance made easy. Thales Top PCI DSS 4.0
According to the global edition of the Thales 2020 Data ThreatReport , 47% of healthcare organizations are either aggressively disrupting their market or are embedding digital capabilities that enable greater agility. According to the report, almost all (97%) of financialservices organizations store data in the cloud.
According to the SonicWall Cyber ThreatReport, the global volume of ransomware is increasing by 98%. Globally, healthcare, financialservices, manufacturing and state and local governments continue to see a rise in the frequency of attacks. Data security is going to be a big bet in 2023.
We had some results this year from the 100+ US retail IT security professionals that were surveyed for the 2018 Thales Data ThreatReport that differed from every other segment we polled (healthcare, federal government, financialservices).
The 2023 Thales Data ThreatReport found that 62% of organizations now have at least 5 key management systems as a result of cloud implementations, making it extremely complex to update to PQC. Encryption Jenn Nuttall | Product Marketing Manager More About This Author > Schema Don’t delay – begin to get ready for PQC today.
to discuss the findings of the 2018 Thales Data ThreatReport, Federal Edition. Question: Can you provide an overview of the 2018 Thales Data ThreatReport, Federal Edition, and elaborate why it’s needed today more than ever? Forty-eight percent used more than 100 Software-as-a-Service (SaaS) applications.
Offers database encryption to protect against abuse by privileged users. Identity and Access Management (IAM) The 2024 Thales Data ThreatReport (DTR) FinancialServices Edition revealed that only 59% of financialservices organizations cite achieving security consistency across workforce and non-workforce identities.
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