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

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

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

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

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

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

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 62

Financial Services IoT Banking Retail 62

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 74

Financial Services Cybersecurity CISO InfoSec 74

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

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

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

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

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

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 62

Financial Services Banking Risk Cybersecurity 62

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 79

Risk Artificial Intelligence Cybersecurity Financial Services 79

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?

Risk 111

Risk Data collection Architecture Government 111

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

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

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

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 77

Banking Risk Cybersecurity Financial Services 77

eSecurity Planet

FEBRUARY 11, 2022

Risk management is a concept that has been around as long as companies have had assets to protect. Risk management also extends to physical devices, such as doors and locks to protect homes and vehicles, vaults to protect money and precious jewels, and police, fire, and CCTV to protect against other physical risks.

Risk 145

Risk Cybersecurity Encryption Technology 145

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

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 52

Banking Risk Cybersecurity Financial Services 52

Centraleyes

MARCH 3, 2024

Compliance Risk Assessments For a Dynamic Regulatory Terrain Crafting an effective compliance program is no one-size-fits-all endeavor; it involves tailoring a comprehensive strategy that addresses your company’s unique needs and confronts specific challenges head-on. Compliance Risk Assessment: Who, What, Where, When, and How?

Risk 52

Risk Technology Accountability Marketing 52

Security Boulevard

AUGUST 19, 2022

Recently, I was part of four conversations with security leaders across several industries – manufacturing, financial services, natural resources and healthcare – about some of the challenges they face with cyber risk management.

Cyber Risk 67

Cyber Risk CISO Risk Financial Services 67

CyberSecurity Insiders

MARCH 27, 2021

Third-party risk management is important because failure to assess third-party risks exposes an organization to supply chain attacks , data breaches, and reputational damage. This can include the management of sub-contracting and on-sourcing arrangements ( fourth-party risk ). What is third-party risk management?

Risk 134

Risk Data breaches Financial Services Backups 134

Security Boulevard

JUNE 3, 2022

I had the privilege of sharing the stage with accomplished experts from the financial services sector at the event in New York last week and discuss how to reduce the risk of Buy […]. The post Reducing the Risk of Buy Now Pay Later Fraud appeared first on Security Boulevard.

Risk 70

Risk Financial Services Accountability Account Security 70

Security Boulevard

JUNE 15, 2023

Credit unions are the quiet, neighborly, small-town of the bustling metropolitan Financial Services world. A calm financial organization where nothing dangerous ever happens. A calm financial organization where nothing dangerous ever happens. Yet danger.

Risk 52

Risk Malware Financial Services Marketing 52

Joseph Steinberg

AUGUST 5, 2021

One of the important concepts about which people must be aware when evaluating their cybersecurity postures and related liabilities, but which, for some reason, many folks seem to be unaware, is the difference between first-party risks and third-party risks. First-Party Risks And Coverage. Third-Party Risks And Coverage.

Insurance 141

Insurance Risk Data breaches Artificial Intelligence 141

Dark Reading

JUNE 1, 2023

Enables financial services firm to operationalize MITRE ATT&CK with Splunk and eliminate detection coverage gaps based on organizational risk and priorities.

Risk 56

Risk Financial Services 56

Security Boulevard

MARCH 1, 2023

The financial services sector is prone to insider abuse and data misuse, including fraud. For global banks and other financial institutions, the cost of a security incident can quickly add up to the millions or even billions of dollars, particularly if the regulators are involved.

Banking 52

Banking Risk Financial Services 52

Security Boulevard

APRIL 18, 2024

The challenges presented by cyber risk have always loomed large for IT and business leaders in financial services. The International Monetary Fund (IMF) devotes a whole chapter to the topic in its latest Global Financial Stability Report. But today they have arguably reached a tipping point.

Banking 62

Banking Financial Services Cyber Risk Risk 62

CSO Magazine

MARCH 28, 2022

According to a new report from IDC and Magnet Forensics, the significant lack of cybersecurity skills gap and a plethora of other cyber risks are growing concerns. It also provides an overall assessment of the global state of DFIR across industries, with the three most prominent being financial services, healthcare, and technology.

Risk 79

Risk Ransomware Financial Services Cyber Risk 79