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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. As a result, FinServ organizations have some of the largest cybersecurity budgets and most advanced defenses.
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.
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. Malware and ransomware attacks increase.
The US FBI warns that the Ragnar Locker ransomware gang has breached the networks of at least 52 organizations from multiple US critical infrastructure sectors. “RagnarLocker ransomware actors work as part of a ransomware family, frequently changing obfuscation techniques to avoid detection and prevention.”
Cloudstar, one of the title industry’s primary cloud providers, remains compromised after a recent ransomware attack disrupted its services. The company also provides services to real estate, legal, insurance, financialservices, petrochemical and the oil and gas industries. The Victim of a Ransomware Attack.
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.
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.
In a blog post , Lookout researchers said as more users access cloud services and infrastructure from mobile devices, attackers deliberately target phones, tablets and Chromebooks to increase their odds of finding a vulnerable entry point.
The 2022 SonicWall Cyber ThreatReport found that all types of cyberattacks increased in 2021. Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 billion malware attacks were identified by the report. trillion by 2025, according to the report Cyberwarfare in the C-Suite from Cybersecurity Ventures.
From supply chain breaches to ransomware organizations continue to struggle with how to avoid becoming an eventual statistic of being attacked. Ransomware. Ransomware, as projected would continue to be a leading way for bad actors to leverage control and data to monetize hacking organizations.
According to the 2024 Thales Data ThreatReportFinancialServices Edition , 39% of U.S. financialservices organizations report that they have experienced a data breach in the past. Even more alarming, 18% reported that they experienced a ransomware attack. million.
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.
Despite the NHS falling victim to the devastating WannaCry ransomware outbreak in May, healthcare providers still fared better than other industries, with only six per cent of UK consumers revealing they trusted retailers. A role of responsibility.
According to the 2024 Thales Data ThreatReportFinancialServices Edition , 39% of U.S. financialservices organizations report that they have experienced a data breach in the past. Even more alarming, 18% reported that they experienced a ransomware attack. million.
This report aims to offer thorough insights into the financial cyberthreat landscape in 2021. The research in this report is a continuation of our previous annual financialthreatreports ( 2018 , 2019 and 2020 ), providing an overview of the latest trends and key events across the threat landscape.
Existing at a special crossroads between APT and financial crime, the Lazarus group has already been among the most active ones in the financial sphere. In 2020, the group tried its hand at the big extortion game with the VHD ransomware family. This report aims to shed a light on more details of financial cyberthreats in 2020.
Features 100,000 participants and contributors from 140 countries OTX Pulses for real-time looks at indicators of compromise, targeted software, and threat summaries Integrations with other tools through the DirectConnect API Built-in integration with AlienVault USM and AlienVault OSSIM Pulse Wizard for automated IoC extraction from blogs, threatreports, (..)
Financial gain remains the key driver of cybercriminal activity. In the past year, we’ve seen multiple developments in this area – from new attack schemes targeting contactless payments to multiple ransomware groups continuing to emerge and haunt businesses. Now we see that APT actors have also switched to crypto. In 2022, 36.3%
ransomware). 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. For more key findings, download the Thales 2020 Data ThreatReport-Global Edition.
tag=Ransomware'>Ransomware</a> <a href='/blog?tag=Cyber-attacks'>Cyber-attacks</a> HelpSystems' research with FinancialServices (FS) CISOs in Q4 2020 revealed the extent of this task. Guide: The Unkown ThreatReport. <a href='/blog?tag=Cybersecurity'>Cybersecurity</a>
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