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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. The Dangers of Emerging Technology Trends When asked about emerging concerns, quantum computing threats came up unsurprisingly.
One of the top findings from the 2018 Thales Data ThreatReport, FinancialServices Edition was that data breaches in U.S. financialservices organizations are increasing at an alarming rate. Not only are breaches at record highs – with 65% of U.S. Does your organization need some of that?
FinancialServices Organizations Need to Adapt their Security Practices to the Shifting Environment. businesses are taking advantage of digital technologies like cloud, mobile, and IoT to digitally transform their operations. At the same time, financialservices organizations need to adapt to a shifting global environment.
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. Thu, 09/01/2022 - 05:15.
Key recommendations for FinancialServices 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 financialservices sector.
Data security professionals also make ambitious plans, but implementation rates are too low – a key finding in the 2019 Thales Data ThreatReport-FinancialServices Edition. Here’s a look at four common issues highlighted in the 2019 Thales Data ThreatReport-FinancialServices Edition and tips for overcoming them.
Some of the topics discussed in the webinar include the operational challenges of managing security across multiple clouds; how organizations secure access and protect sensitive data in the cloud, also which technologies and best practices are most effective in securing data in the cloud. Key Findings from 2022 Global Data ThreatReport.
. “As of January 2022, the FBI has identified at least 52 entities across 10 critical infrastructure sectors affected by RagnarLocker ransomware, including entities in the critical manufacturing, energy, financialservices, government, and information technology sectors,” reads the FBI’s flash alert.
Support advanced technologies such as host card emulation, secure element provisioning, and mobile point of sale (POS) security. The Thales IAM solutions complement their encryption and payment security offerings: Enhance overall security posture by ensuring only authorized users access sensitive financial systems.
By Stephanie Benoit Kurtz, Lead Faculty for the College of Information Systems and Technology at University of Phoenix. Organizations continue to invest in technology at a record pace; however still continue to be at risk. According to the SonicWall Cyber ThreatReport, the global volume of ransomware is increasing by 98%.
Virtually every major financial institution, retailer, and scores of payment processors have been the victims of data breaches, incurring both financial and reputational damage. According to the 2022 Thales Data ThreatReport – FinancialServices Edition , 52% of U.S. million, second only to healthcare.
Companies are fundamentally reshaping their businesses and taking advantage of digital technologies like cloud, mobile, social media, and the Internet of Things to transform the experience their customers receive, create innovative new business models, and find ways to realize new efficiencies and reduce their operating costs.
Why organizations need to prioritize a PQC-readiness lab madhav Tue, 02/13/2024 - 05:25 It’s an exciting time for technology – we are on the cusp of seeing some innovative and disruptive new technologies emerge that will have impacts on every industry and sector around the globe. Don’t delay – begin to get ready for PQC today.
The numbers tell the story: The latest Identity Theft Resource Center report indicates that consumers experienced a 21-percentage-point rise in identity crime victimization between July 2023 and June 2024. This is of particular concern to financialservices, which have a mandated requirement to combat and eliminate this fraud.
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. According to the report, almost all (97%) of financialservices organizations store data in the cloud.
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.
However, basic cybersecurity tools and practices, like patching , strong passwords , and multi-factor authentication (MFA), “can prevent 80 to 90% of cyberattacks,” said Anne Neuberger, deputy national security advisor for cyber and emerging technologies, during a White House press conference in Sept. Cyberattack Statistics. Other methods.
The numbers tell the story: The latest Identity Theft Resource Center report indicates that consumers experienced a 21-percentage-point rise in identity crime victimization between July 2023 and June 2024. This is of particular concern to financialservices, which have a mandated requirement to combat and eliminate this fraud.
With more than 65,000 employees in 56 countries, Thales is a global leader in technology solutions for the aerospace, transport, defence and security markets. Its unique capabilities include the design and deployment of equipment, systems and services to meet complex security requirements. Why isn’t this as good as it first seems?
This report shines a spotlight on the financial cyberthreat landscape in 2022. It presents a continuation of our previous annual financialthreatreports ( 2018 , 2019 , 2020 , 2021 ), which provide an overview of the latest trends across the threat landscape. In 2022, 36.3%
This report aims to shed a light on more details of financial cyberthreats in 2020. This research is a continuation of our annual financialthreatreports ( 2019 , 2018 and 2017 ) providing an overview of the latest trends and key events across the financialthreat landscape. Methodology.
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, (..)
In the business and technology world, perhaps its main effect has been to press the accelerator on digital transformation in organizations across the globe. HelpSystems' research with FinancialServices (FS) CISOs in Q4 2020 revealed the extent of this task. Guide: The Unkown ThreatReport. Additional Resources.
Support advanced technologies such as host card emulation, secure element provisioning, and mobile point of sale (POS) security. The Thales IAM solutions complement their encryption and payment security offerings: Enhance overall security posture by ensuring only authorized users access sensitive financial systems.
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