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

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

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 93

Financial Services Cybersecurity 93

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 355

Ransomware Financial Services Cyber threats Banking 355

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 98

Financial Services Cybersecurity CISO Risk 98

Security Boulevard

OCTOBER 18, 2024

Yet the wealth of sensitive information managed by financial services firms ensures the sector remains a popular target for state-backed and criminally motivated threat actors. The post Celebrating Excellence in Financial Services appeared first on Security Boulevard.

Financial Services 64

Financial Services Banking 64

Thales Cloud Protection & Licensing

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 62

Financial Services Digital transformation Encryption Risk 62

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 266

Financial Services Cybercrime Technology Artificial Intelligence 266

Thales Cloud Protection & Licensing

OCTOBER 14, 2024

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. Nearly two-thirds (64%) of FinServ said it’s more complex to secure data in the cloud than on-prem, compared to 55% of general respondents.

Financial Services 62

Financial Services Threat Reports Authentication Banking 62

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 209

Financial Services 209

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 210

Financial Services Ransomware 210

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 208

Financial Services Manufacturing Healthcare Cybersecurity 208

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

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 327

Insurance Financial Services Penetration Testing Scams 327

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 294

Banking Financial Services Marketing Data privacy 294

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 233

Financial Services Insurance Banking Authentication 233

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

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

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 162

Financial Services Artificial Intelligence Technology Network Security 162

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 145

Data breaches Financial Services Hacking 145

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

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 164

Ransomware Financial Services Manufacturing Government 164

The Hacker News

JULY 26, 2022

The financial services industry has always been at the forefront of technology adoption, but the 2020 pandemic accelerated the widespread of mobile banking apps, chat-based customer service, and other digital tools.

Financial Services 131

Financial Services Insurance Mobile Banking 131

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

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 140

Phishing Financial Services Government Accountability 140

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

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 320

Insurance Risk Financial Services CISO 320

The Hacker News

FEBRUARY 14, 2024

The landscape of cybersecurity in financial services is undergoing a rapid transformation. The challenges are compounded for community banks that must safeguard sensitive financial data against the same level of sophisticated threats as larger institutions, but often with more

Banking 136

Banking Cybersecurity Financial Services Technology 136

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

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 144

Phishing Financial Services Insurance Banking 144

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

Security Affairs

APRIL 28, 2024

ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai. It offers a wide range of banking and financial services for corporate and retail customers. The bank has a network of 6000 branches, and 17000 ATMs across India and has a presence in 17 countries.

Banking 141

Banking Financial Services Retail Mobile 141

Security Boulevard

NOVEMBER 23, 2023

The global financial services market was worth over $25 trillion in 2022. Cyber-criminals are broadly speaking after the wealth of highly monetizable personal and financial data that financial institutions hold on their customers, or access to their accounts. That kind of wealth inevitably attracts malicious activity.

Banking 119

Banking Financial Services Cybersecurity Marketing 119

Bleeping Computer

DECEMBER 11, 2023

Toyota Financial Services (TFS) is warning customers it suffered a data breach, stating that sensitive personal and financial data was exposed in the attack. [.]

Data breaches 126

Data breaches Financial Services 126

The Hacker News

NOVEMBER 7, 2023

Numerous industries—including technology, financial services, energy, healthcare, and government—are rushing to incorporate cloud-based and containerized web applications. The benefits are undeniable; however, this shift presents new security challenges. 78% have

Financial Services 134

Financial Services Healthcare Government Technology 134