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2024 Thales Global Data Threat Report: Trends in Financial Services

Thales Cloud Protection & Licensing

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. The Dangers of Emerging Technology Trends When asked about emerging concerns, quantum computing threats came up unsurprisingly.

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FFIEC API Security Guidance for Financial Services

Security Boulevard

In an era where technology is the cornerstone of the financial industry, safeguarding sensitive information and maintaining the integrity of data has become paramount. The Federal Financial Institutions […] The post FFIEC API Security Guidance for Financial Services appeared first on Cequence Security.

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How Criminals Are Using Generative AI

Schneier on Security

There’s a new report on how criminals are using generative AI tools: Key Takeaways: Adoption rates of AI technologies among criminals lag behind the rates of their industry counterparts because of the evolving nature of cybercrime. Instead, they are jailbreaking existing ones.

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SHARED INTEL Q&A: Forrester highlights why companies need to strive for ‘cryptoagility’– today

The Last Watchdog

There are two sides to this: 1) assessing a technology vendors cryptoagility efforts in your RFPs as a part of determining third-party tech supplier risk, 2) assessing a technology vendors capability to help you in your PQC migration as technology functionality you can use.

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Payment Processing Giant TSYS: Ransomware Incident “Immaterial” to Company

Krebs on Security

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 ]. “We regret any inconvenience this issue may have caused.

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News alert: Gcore Radar reveals 56% rise in DDoS attacks – gaming industry targeted the most

The Last Watchdog

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. The technology industry has seen a steady increase in its share of DDoS attacks, increasing from 7% to 19% since Q3-Q4 2023.

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Going green to make green – how plastic waste can power financial services

CyberSecurity Insiders

If this goal is to be achieved, the involvement of financial services providers, such as banks, will be essential. However, there are other ways financial institutions can help combat climate change. . Upcycled banking – how discarded plastic can power financial services .