Security Boulevard

JULY 19, 2023

API security is a pressing concern for industries undergoing digital transformation, and none more so than financial services and insurance. API attackers are on the move in financial services and insurance We discovered that API attackers have become increasingly active in financial services and insurance.

Financial Services 94

Financial Services Insurance Digital transformation Banking 94

Security Boulevard

APRIL 28, 2021

But few industries have felt this pressure more than the financial sector, where customers have grown to expect high-quality digital services, particularly since so many financial organizations are unable to provide. The post Why Financial Services Needs Network Transformation appeared first on Security Boulevard.

Financial Services 145

Financial Services Risk Government Cybersecurity 145

NetSpi Executives

MAY 7, 2024

In response, many regional and national regulatory bodies and industry leaders have introduced comprehensive frameworks aimed at bolstering the enterprise resilience of the financial services sector. Ultimately, navigating security testing regulations across financial services demands a proactive and strategic stance.

Financial Services 59

Financial Services Cybersecurity Penetration Testing Cyber threats 59

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 93

Financial Services Cybersecurity CISO Risk 93

Security Boulevard

JUNE 14, 2022

But the criticality of financial services and the highly lucrative customer information held by firms in the sector make it a particular favorite of cyber-criminals. The question is what can financial institutions do to mitigate risk as their digital attack surfaces continue to expand?

Financial Services 52

Financial Services Risk Cyber threats 52

Security Boulevard

FEBRUARY 1, 2022

New York, NY and Washington, DC — February 2, 2022 — Axio, a leading SaaS provider of cyber risk management and quantification solutions, today announced a new joint initiative with the Cyber Risk Institute (CRI), a non-profit coalition of financial institutions and trade associations.

Financial Services 98

Financial Services Cyber Risk Risk Cybersecurity 98

Digital Guardian

JULY 13, 2021

The NYDFS has issued guidance for financial services companies on how to reduce the risk of ransomware attacks - like having a capable endpoint threat detection and response (EDR) solution in place.

Financial Services 98

Financial Services Ransomware Threat Detection Risk 98

Veracode Security

NOVEMBER 15, 2023

Across the globe, the financial services sector is affected by increased security regulations. Let’s dissect this research from the State of Software Security 2023 in Financial Services in more detail.

Financial Services 59

Financial Services Software Security Performance Risk 59

Malwarebytes

MAY 31, 2023

A series of security errors and mishaps has cost personal loan provider OneMain $4.25m in penalties, issued by the New York State department of financial services. From the DFS release : …OneMain Financial Group LLC (“OneMain”) will pay a $4.25 Even so, The Record notes that OneMain reported $1.09

Financial Services 98

Financial Services Passwords Risk Software 98

SecureWorld News

JUNE 9, 2021

Director, Infrastructure Security at FINRA on the SecureWorld broadcast Mitigate Insider Risk in Financial Firms. 4 key findings of insider threats in the financial services sector. The webinar also looks at the following: Who owns insider threat risk? Checco was co-presenting with Barry Suskind, Sr. And much more.

Financial Services 53

Financial Services Risk CISO Threat Detection 53

Thales Cloud Protection & Licensing

JANUARY 16, 2024

Key recommendations for Financial Services 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 financial services sector.

Financial Services 83

Financial Services Cybersecurity Encryption Risk 83

SecureWorld News

JUNE 9, 2021

Director of Infrastructure Security at FINRA, on the SecureWorld webcast Mitigate Insider Risk in Financial Firms. 4 key findings of insider threats in the financial services sector. The discussion also looks at the following: Who owns insider threat risk? Checco was co-presenting with Barry Suskind, Sr.

Financial Services 52

Financial Services Risk CISO Threat Detection 52

SC Magazine

JUNE 9, 2021

million, financial services firms are laser-focused on cloud vulnerabilities, attacks against internet-of-things devices and other prevalent threats. . The heavily regulated environment in which financial services firms operate adds a layer of complexity —?and Financial services firms increase security spend in 2021 .

Financial Services 99

Financial Services Data breaches DNS Phishing 99

Thales Cloud Protection & Licensing

DECEMBER 5, 2018

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. The post Financial Services Data – More at risk than you’d believe appeared first on Data Security Blog | Thales eSecurity.

Financial Services 75

Financial Services Risk Digital transformation Data breaches 75

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

Security Boulevard

JUNE 28, 2022

IoT and Machine Identity Management in Financial Services. How is IoT changing the financial sector? IoT has already positively impacted the financial sector and will only continue to in the future. IoT has also transformed the financial services sector in a variety of ways: Real-time data. brooke.crothers.

Financial Services 64

Financial Services IoT Banking Retail 64

Dark Reading

DECEMBER 8, 2020

Financial services companies' experience in risk management serves them well when it comes to minimizing their cyber-risk.

Financial Services 91

Financial Services Cyber Risk Cybersecurity Risk 91

Security Boulevard

AUGUST 26, 2022

The Australian Prudential Regulatory Authority (APRA) is the latest financial regulator to release proposed regulations regarding operation resilience[i], prompting me to collect my thoughts on how a Balbix-style cyber risk quantification (CRQ) solution could help meet these regulatory obligations.

Financial Services 52

Financial Services Cyber Risk Risk 52

SecureWorld News

NOVEMBER 28, 2022

The New York State Department of Financial Services (NYDFS) is proposing an amendment to its regulations that will require financial services companies to up their cybersecurity game. Require the CISO to provide a written report at least annually to the board or equivalent governing body.

Financial Services 75

Financial Services Cybersecurity CISO InfoSec 75

Thales Cloud Protection & Licensing

AUGUST 31, 2022

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. It highlights the leadership of financial services in cybersecurity relative to other industries, but it also uncovers some surprising chinks in their cybersecurity armor. Thu, 09/01/2022 - 05:15.

Financial Services 62

Financial Services Cybersecurity Computers and Electronics Banking 62

CyberSecurity Insiders

FEBRUARY 2, 2022

NEW YORK & WASHINGTON–( BUSINESS WIRE )– Axio , a leading SaaS provider of cyber risk management and quantification solutions, today announced a new joint initiative with the Cyber Risk Institute (CRI), a non-profit coalition of financial institutions and trade associations. Learn more at [link].

Financial Services 52

Financial Services Cyber Risk Risk Cybersecurity 52

Security Boulevard

MARCH 13, 2023

Financial services companies need to make software supply chain security (SSCS) an integral part of their application security (app sec) testing programs because app sec and DevOps testing practices that focus on addressing vulnerabilities in pre-deployment and post-deployment code are no longer sufficient to mitigate security risks.

Financial Services 52

Financial Services Software Risk 52

Security Boulevard

AUGUST 9, 2021

The financial services sector has been commended for being a step ahead of all other critical infrastructure sectors in their cybersecurity approach. The post Financial Services is Ahead of Most Other Critical Infrastructure Sectors, but For How Long? appeared first on Security Boulevard.

Financial Services 64

Financial Services Banking Risk Cybersecurity 64

Responsible Cyber

NOVEMBER 23, 2024

Every link in your supply chain and every third-party relationship brings inherent risks. While it’s impossible to eliminate all third-party risks, managing and mitigating them effectively is crucial. Today’s solutions empower organizations to prioritize risks, implement strategies, and maintain compliance with ease.

Risk 78

Risk Software Penetration Testing Financial Services 78

Tech Republic Security

SEPTEMBER 6, 2024

Tenable's research reveals 26,500 cyber vulnerabilities in Southeast Asia's banking and insurance sectors, exposing critical security risks.

Banking 154

Banking Risk Insurance Financial Services 154

Responsible Cyber

NOVEMBER 23, 2024

The EY 2023 Global Third-Party Risk Management (TPRM) Survey reveals the growing recognition among organizations of the need to navigate these complex relationships with precision, diligence, and foresight. Centralized systems offer better communication, faster control assessments, and a more accurate understanding of risk.

Risk 68

Risk Technology Financial Services Government 68

Thales Cloud Protection & Licensing

NOVEMBER 4, 2020

Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment. Even “traditional banks” seek to drive more revenue from digital products, personalized services and experiences. At the same time, financial services organizations need to adapt to a shifting global environment.

Financial Services 62

Financial Services Mobile Digital transformation Encryption 62

Veracode Security

NOVEMBER 10, 2020

Over the past year, the financial services industry has been challenged with pivoting its operations to a fully digital model, putting the security of its software center stage. But despite the impressive fix rate, the financial services industry is falling behind when it comes to the time to make those fixes.

Financial Services 52

Financial Services Software Risk 52

Adam Levin

NOVEMBER 13, 2018

The American business and financial services company Moody’s will start factoring risk of getting hacked into their credit ratings for companies. The move is seen as part of a wider initiative to gauge the risk of cyberattacks and data breaches to companies and their investors. “We’ve Read more about the story here.

Cyber Risk 203

Cyber Risk Risk Financial Services Manufacturing 203

SecureWorld News

MARCH 28, 2024

Department of Treasury on March 27th released a report titled "Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Services Sector." The report highlights the growing concern around artificial intelligence (AI) and its potential to introduce new cybersecurity threats to the financial industry.

Risk 78

Risk Artificial Intelligence Cybersecurity Financial Services 78

Security Affairs

JULY 25, 2024

According to the latest risk assessment published by Resecurity, terrorist groups are increasingly using cyberspace and digital communication channels to plan and execute attacks, as well as to conduct recruitment and establish anonymous communication channels (using apps like Session and their alternatives).

Risk 139

Risk Financial Services Education Banking 139

Zero Day

SEPTEMBER 18, 2024

The move comes amid growing phishing attacks targeting the financial services sector; most impacted by brand impersonation scams.

Authentication 75

Authentication Banking Financial Services Scams 75

The Last Watchdog

NOVEMBER 7, 2023

Helping these businesses toughen their resilience against such attacks, cyber security business Risk Ledger is today announcing it has raised a £6.25 To date, Risk Ledger has raised a total of £9.8 million series A funding round to strengthen supply chains. million in venture funding.

Cyber Attacks 100

Cyber Attacks Risk Financial Services Media 100

Centraleyes

MARCH 25, 2024

Let’s discuss an acronym reshaping the business world: Vendor Risk Management , or VRM. With supply chains extending across multiple regions and involving numerous third-party vendors, organizations face unprecedented challenges in managing vendor risks effectively. What risks are you facing?

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Risk Data collection Architecture Government 111

Heimadal Security

SEPTEMBER 14, 2023

A data breach in the financial sector is one of the most impactful events in the cybersecurity landscape. That is because Banking, Financial Services, and Insurance (BFSI) institutions/ financial institutions safeguard and store not only our money but also very valuable data.

Banking 68

Banking Risk Cybersecurity Financial Services 68

Centraleyes

AUGUST 18, 2024

However, this transformation has also introduced new risks, particularly from third-party ICT (Information and Communication Technology) providers. Recognizing the critical role these providers play in the financial ecosystem, the European Union has introduced the Digital Operational Resilience Act (DORA). What is an ICT Risk?

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Risk Financial Services Government Banking 69

Digital Guardian

APRIL 27, 2023

Financial services companies will have to retool their cybersecurity policies when the new version of NYDFS Cybersecurity Regulation, including a core risk assessment requirement, goes live.

Risk 52

Risk Financial Services Cybersecurity 52