CSO Magazine

NOVEMBER 28, 2022

A report published Monday by cloud services and CDN (content delivery network) platform Akamai said that the financial services industry is an increasingly popular target for a wide range of cyberattacks, with application and API attacks against the vertical more than tripling in the past year.

Financial Services 115

Financial Services Banking 115

GlobalSign

MARCH 4, 2024

Here are 3 areas to consider when securing document signing workflows in the financial services.

Financial Services 116

Financial Services 116

Security Boulevard

DECEMBER 11, 2024

The post Leveraging Crypto Agility to Meet DORA Requirements in Financial Services by January 2025 appeared first on Security Boulevard. One of the most significant regulatory mandates on the horizon is the European Unions Digital Operational Resilience Act (DORA).

Financial Services 119

Financial Services Cybersecurity 119

CyberSecurity Insiders

MARCH 15, 2023

Australian firm Latitude Financial Services is hitting news headlines as a cyber attack on its servers has led to the data breach of 225,000 customers. The post Identity theft of 225,000 customers takes place at Latitude Financial Services appeared first on Cybersecurity Insiders. The company which has over 2.8

Financial Services 110

Financial Services Identity Theft Social Engineering Cyber Attacks 110

Thales Cloud Protection & Licensing

NOVEMBER 13, 2023

Defending Financial Services 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 financial services organizations face is crucial.

Financial Services 104

Financial Services Encryption Cybercrime Threat Reports 104

Graham Cluley

FEBRUARY 14, 2024

Join me and Metomic CEO Richard Vibert for a discussion about some of the cybersecurity challenges faced by the financial services industry, and how you can best protect your organisations. Sign up now for the free event on February 29 2024.

Financial Services 102

Financial Services Cybersecurity 102

SecureWorld News

NOVEMBER 14, 2023

On November 1, 2023, the New York Department of Financial Services (NYDFS) took a significant step toward strengthening cybersecurity defenses across the financial sector by finalizing amendments to Part 500 of its cybersecurity regulations.

Financial Services 112

Financial Services Cybersecurity CISO Risk 112

Security Affairs

OCTOBER 14, 2024

US-based financial services company Fidelity Investments warns 77,000 individuals of a data breach that exposed their personal information. based financial services company Fidelity Investments is notifying 77,099 individuals that their personal information was compromised in an August cyberattack.

Data breaches 135

Data breaches Financial Services Accountability Hacking 135

Schneier on Security

MAY 9, 2024

We are finally seeing the emergence of actual criminal deepfake services, with some bypassing user verification used in financial services. Compared to last year, criminals seem to have abandoned any attempt at training real criminal large language models (LLMs). Instead, they are jailbreaking existing ones.

Financial Services 292

Financial Services Cybercrime Technology Artificial Intelligence 292

Krebs on Security

DECEMBER 10, 2020

TSYS provides payment processing services, merchant services and other payment solutions, including prepaid debit cards and payroll cards. In 2019, TSYS was acquired by financial services firm Global Payments Inc. NYSE:GPN ].

Ransomware 357

Ransomware Financial Services Cyber threats Banking 357

Security Affairs

OCTOBER 31, 2024

Interbank , formally the Banco Internacional del Perú Service Holding S.A.A. is a leading Peruvian provider of financial services has over 2 million customers. Peruvian Interbank confirmed a data breach after threat actors accessed its systems and leaked stolen information online.

Data breaches 130

Data breaches Financial Services Hacking Mobile 130

Tech Republic Security

JUNE 10, 2020

The automaker's customer service and financial services are unavailable as it deals with an attack that experts believe is ransomware.

Financial Services 212

Financial Services Ransomware 212

Tech Republic Security

OCTOBER 2, 2020

Accenture Security lists five other "extreme but plausible threat scenarios in financial services" in a new report.

Financial Services 207

Financial Services 207

Krebs on Security

JULY 23, 2020

According to a filing (PDF) by the New York State Department of Financial Services (DFS), the weakness that exposed the documents was first introduced during an application software update in May 2014 and went undetected for years. The documents were available without authentication to anyone with a Web browser.

Insurance 343

Insurance Financial Services Penetration Testing Scams 343

Tech Republic Security

JULY 14, 2021

Overall, healthcare topped the list, followed by financial services and manufacturing and utilities. The report parses out data by industry.

Financial Services 201

Financial Services Manufacturing Healthcare Cybersecurity 201

Thales Cloud Protection & Licensing

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 62

Financial Services Cybersecurity CISO Backups 62

Krebs on Security

MAY 31, 2019

On May 29, The New York Times reported that the inquiry by New York’s Department of Financial Services is likely to be followed by other investigations from regulators and law enforcement. No authentication was needed to access the digitized records.

Financial Services 250

Financial Services Insurance Banking Authentication 250

The Last Watchdog

FEBRUARY 11, 2025

In Q3-Q4 2024, the financial services sector experienced a significant increase, accounting for 26% of all DDoS attacks, up from 12% in the previous period. Another explanation is that attackers may be shifting their focus towards other high-value sectors, such as financial services, which saw a 117% increase in the number of attacks.

DDOS 130

DDOS Financial Services Technology Accountability 130

Schneier on Security

JANUARY 31, 2024

The rules would ensure people can obtain their own financial data at no cost, control who it’s shared with and choose who they do business with in the financial industry. The best way for financial services firms to meet the CFPB’s rules would be to apply the decoupling principle broadly.

Banking 322

Banking Financial Services Marketing Data privacy 322

Tech Republic Security

NOVEMBER 14, 2023

s position as a financial services hub puts it ahead in enterprise-wide IT automation, says Red Hat. But skills shortages remain an issue for all IT leaders surveyed.

Financial Services 164

Financial Services Artificial Intelligence Technology Network Security 164

Krebs on Security

SEPTEMBER 11, 2019

The company that handled that process for MyPayrollHR is a California firm called Cachet Financial Services. On Monday, New York Governor Andrew Cuomo called on the state’s Department of Financial Services to investigate the company’s “sudden and disturbing shutdown.”

Banking 279

Banking Financial Services Accountability Insurance 279

Security Boulevard

AUGUST 24, 2021

As the global financial services industry undergoes a seismic shift, disruption is prompting the industry to replace traditional practices, with emphasis on the inevitable digital future banks will have to embrace.

Financial Services 143

Financial Services Banking Security Awareness Risk 143

Security Affairs

DECEMBER 3, 2024

Japan’s Financial Services Agency, who investigated the incident, found severe issues in DMM Bitcoin’s risk management, including inadequate oversight, lack of independent audits, and poor security practices. Elliptic also confirmed it has identified the wallets involved in the attack.

Cryptocurrency 64

Cryptocurrency Financial Services Accountability Hacking 64

The Last Watchdog

FEBRUARY 11, 2024

Related: The case for augmented reality training Because of this, cybersecurity investments and regulatory oversight are increasing at an astounding rate , especially for those in the financial services industry, bringing an overwhelming feeling to chief compliance officers without dedicated security teams.

Cyber Risk 234

Cyber Risk Risk Financial Services Cyber threats 234

Tech Republic Security

MARCH 21, 2022

The AvosLocker Ransomware as a Service (RaaS) group has targeted critical infrastructure sectors in the US, such as financial services, manufacturing and government facilities, the FBI said. The post FBI warns of cyberattacks using AvosLocker ransomware appeared first on TechRepublic.

Ransomware 156

Ransomware Financial Services Manufacturing Government 156

The Hacker News

SEPTEMBER 2, 2024

The victims span various sectors, including water and wastewater, information technology, government services and facilities, healthcare and public health, emergency services, food and agriculture, financial services,

Ransomware 141

Ransomware Financial Services Healthcare Government 141

Bleeping Computer

DECEMBER 24, 2021

An Android banking trojan targeting Itaú Unibanco, a large financial services provider in Brazil with 55 million customers globally, is using a fake Google Play store to spread to devices. [.].

Banking 145

Banking Financial Services Mobile 145

SecureWorld News

DECEMBER 5, 2024

Simply put, if MasterCard is the most secure payment services provider, provides additional services, and has results to show, customers will choose them over the competition. The financial sector would do well to take heed; this is the future of cybersecurity, and it is arriving faster than many anticipated. Makes sense, right?

Cybersecurity 108

Cybersecurity Threat Detection Financial Services Cyber threats 108

Krebs on Security

JUNE 18, 2021

In July 2020, the New York State Department of Financial Services announced the company was the target of their first ever cybersecurity enforcement action in connection with the incident, charges that could bring steep financial penalties. According to the FBI, BEC scams are the most costly form of cybercrime today.

Insurance 325

Insurance Risk Financial Services CISO 325

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

Krebs on Security

APRIL 28, 2020

. “After a brief reprieve in Week 4 (April 6-12), Week 5 (April 13-19) saw call volume across Next Caller’s clients in the telecom and financial services sectors spike 40% above previous highs,” the company found.

Scams 363

Scams Banking Accountability Financial Services 363

The Hacker News

JUNE 13, 2024

North Korean government-backed actors have targeted the Brazilian government and Brazil's aerospace, technology, and financial services sectors," Google's Mandiant and

Phishing 135

Phishing Financial Services Government Accountability 135

Krebs on Security

NOVEMBER 14, 2024

Hydra trafficked in illegal drugs and financial services, including cryptocurrency tumbling for money laundering, exchange services between cryptocurrency and Russian rubles, and the sale of falsified documents and hacking services.

Retail 248

Retail Advertising Cryptocurrency Marketing 248

Appknox

JANUARY 17, 2022

BFSI (Banking, Financial Service and Insurance) organizations have remained a primary target of cybercriminals over the last several years. Given the amount of sensitive data that the BFSI sector has to deal with, they become an obvious goldmine for hackers and that is why they have to prioritise cybersecurity above all else.

Financial Services 143

Financial Services Cybersecurity Insurance Banking 143

WIRED Threat Level

JUNE 1, 2024

Data breaches at Ticketmaster and financial services company Santander have been linked to attacks against cloud provider Snowflake. Researchers fear more breaches will soon be uncovered.

Data breaches 121

Data breaches Financial Services Hacking 121

The Hacker News

OCTOBER 9, 2023

Menlo Security said the activity started in July 2023, primarily singling out banking and financial services, insurance, property management and

Phishing 141

Phishing Financial Services Insurance Banking 141

Bleeping Computer

JULY 1, 2024

Prudential Financial, a global financial services company, has revealed that over 2.5 million people had their personal information compromised in a February data breach. [.]

Data breaches 117

Data breaches Financial Services 117