Security Affairs

NOVEMBER 23, 2024

Multiple threat actors purchased the kits developed by Nady and used them in widespread phishing campaigns to steal credentials of Microsoft customer accounts. Microsoft states that phishing heavily targets financial services, risking losses like life savings.

Phishing

Security Affairs

APRIL 26, 2025

The company disclosed a data breach that exposed subscribers’ personal information, it added that the incident did not impact core network, billing system,s and financial services infrastructure. Our core network, billing systems and financial services infrastructure remain secure and fully operational.”

Data breaches

SecureWorld News

JULY 17, 2025

In early 2024, an employee at a Hong Kong firm joined what appeared to be a routine video meeting with her chief financial officer and colleagues. By the end of the call, she had authorized $25 million in transfers to overseas accounts. Financial transactions often involve urgency (e.g., Figure 1: Projected U.S.

Banking

Digital Shadows

JANUARY 22, 2025

Phishing Remains Top Tactic, Fueled by Teams Abuse Figure 1: Top attack techniques in true-positive customer incidents for finance & insurance sector, H2 2024 vs H2 2023 Phishing dominated cyber attacks in H2 2024, accounting for over 90% of incidents across industries due to its simplicity and effectiveness.

Insurance

Krebs on Security

NOVEMBER 14, 2024

Hydra trafficked in illegal drugs and financial services, including cryptocurrency tumbling for money laundering, exchange services between cryptocurrency and Russian rubles, and the sale of falsified documents and hacking services. “Hi, how are you?” ” he inquired. “Maybe we can open business?

Advertising

Centraleyes

DECEMBER 16, 2024

Verizons Data Breach Investigations Report showed that 74% of security breaches involve a human element, with system administrators and developers accounting for most of these errors. Attackers are becoming more organized, with ransomware-as-a-service (RaaS) operations providing easy access to malicious tools for even novice cybercriminals.

Cybersecurity

Hacker's King

OCTOBER 19, 2024

Finance and Banking Financial institutions are prime targets for cyberattacks due to the sensitive nature of the data they hold. With millions of transactions occurring daily, banks and financial services firms are heavily investing in cybersecurity to protect customer information and prevent financial fraud.

Cybersecurity

The Last Watchdog

MARCH 10, 2025

While any business is a potential target for hackers, critical infrastructure organizations including defense, healthcare, energy, utilities, and financial services companies are perhaps most at risk due to their financial resources. According to the U.S.

Energy and Utilities

SecureWorld News

JUNE 4, 2025

In a matter of days, three major cybersecurity incidents have hit the retail and financial services sectors, drawing renewed attention to supply chain vulnerabilities, credential-based attacks, and the increasing value of non-financial customer data.

Retail

Thales Cloud Protection & Licensing

MAY 6, 2025

This regulation aims to transform how consumers interact with their financial data, fostering competition and innovation in the financial services industry. According to a 2023 survey conducted by Visa, 91% of consumers link their financial accounts to third parties.

Banking

Thales Cloud Protection & Licensing

APRIL 22, 2025

As automated traffic accounts for more than half of all web activity, organizations face heightened risks from bad bots, which are becoming more prolific every day. Simple, high-volume attacks have soared, now accounting for 45% of all bot attacks, compared to only 40% in 2023.

Digital transformation

Thales Cloud Protection & Licensing

AUGUST 11, 2025

A compliance-first example: Healthcare and HIPAA A healthcare organization, seeking to avoid fines, legal liability, and reputational damage, starts by aligning with the Health Insurance Portability and Accountability Act (HIPAA).

Risk

Thales Cloud Protection & Licensing

JANUARY 16, 2025

However, as important as PCI may be, United States financial services organizations operate in one of the worlds most stringent and complex compliance landscapes. Understanding the US FinServ Compliance Landscape The US financial services industry is subject to a vast number of laws and regulations.

Financial Services

Zero Day

JUNE 22, 2025

Here's how to check if your accounts are at risk and what to do next. You should always use different and strong, complex passwords to secure your accounts (another area a password manager can help), and this is why: once one service is compromised, the same password and user combination could lead to an exposed account elsewhere. 

Passwords

Security Boulevard

APRIL 16, 2025

Medium severity patches accounted for the bulk of security patches at 54.5%, followed by high severity patches at 32.3%. of the total patches, followed by Oracle Hyperion at 43 patches, which accounted for 11.4% of the total patches, followed by Oracle Hyperion at 43 patches, which accounted for 11.4% of the total patches.

Financial Services

Jane Frankland

JULY 22, 2025

Heavy Reliance on Junior Staff To maximise profits, large firms staff projects with less-experienced professionals, keeping senior experts on high-value, revenue-generating accounts. Demand Transparency on Talent Enterprises should require security vendors to disclose the experience level of the consultants assigned to their accounts.

Risk

Centraleyes

MARCH 13, 2025

If you’re part of the financial services ecosystem hereor interact with businesses regulated by the New York State Department of Financial Servicesyouve likely come across the NYDFS Cybersecurity Regulation. Heres a step-by-step guide: Access the NYDFS Portal: Log in or create an account on the NYDFS Cybersecurity Portal.

Cybersecurity

Responsible Cyber

NOVEMBER 23, 2024

The healthcare sector has been particularly hard-hit, accounting for over 30% of the total breaches. Financial services have also faced significant incidents, with many institutions relying heavily on third-party technology partners to deliver essential services.

Risk

Webroot

APRIL 22, 2025

Financial services industry: Banks, insurance companies and other financial organizations offer a wealth of opportunity for hackers who can use stolen bank account and credit card information for their own financial gain. They can open accounts in your name, apply for loans, and even file false tax returns.

Data breaches

Security Boulevard

AUGUST 11, 2025

A compliance-first example: Healthcare and HIPAA A healthcare organization, seeking to avoid fines, legal liability, and reputational damage, starts by aligning with the Health Insurance Portability and Accountability Act (HIPAA).

Risk

Security Boulevard

MARCH 14, 2025

Health Insurance Portability and Accountability Act (HIPAA): HIPAA is focused on ensuring the privacy and security of electronic protected health information (ePHI) managed by APIs. Secure authentication mechanisms must be implemented to maintain the integrity and security of financial APIs.

Authentication

SecureList

MAY 28, 2025

This targeting strategy reflected a focused campaign aimed at compromising users of financial services through credential theft. SMS hijacking Another new feature introduced in this campaign is SMS hijacking, a critical technique for compromising bank accounts and services that rely on SMS for two-factor authentication.

Banking

Thales Cloud Protection & Licensing

OCTOBER 16, 2024

According to Imperva’s State of API Security in 2024 report, APIs—the rules allowing software applications to communicate with each other—now account for a staggering 71% of internet traffic. Individuals risk identity theft, financial loss, and privacy violations. The result?

DDOS

Thales Cloud Protection & Licensing

OCTOBER 28, 2024

This aligns with DORA’s governance standards, which emphasize accountability in ICT risk management and resilience measures. Navigating the Future of Resilience with AI and Privacy The future of financial services will undoubtedly be shaped by AI and data-driven innovations.

Encryption

Security Boulevard

JANUARY 24, 2025

Meanwhile, a report warns about overprivileged cloud accounts. IT Governance) 3 - Google: Hackers shift sights to overprivileged cloud accounts Cloud accounts that have more privileges than they should are increasingly attracting the attention of hackers. Check out tips for adopting AI securely from the World Economic Forum.

Banking

Centraleyes

MARCH 20, 2025

You might notice a surge of failed attempts targeting specific accounts or regions at certain times of the day. Supply Chain Risk Monitoring: A financial services firm tracked vendor vulnerabilities through a visualization platform, flagging suppliers with outdated software.

Cyber Attacks

Centraleyes

MARCH 3, 2025

The New York Department of Financial Services (DFS) Cybersecurity Regulation, introduced in 2017, was groundbreaking, setting a high bar for financial institutions. Account numbers or credit/debit card numbers that could enable unauthorized transactionseven without a security code. fingerprints, retina scans).

Data breaches

Zero Day

JUNE 20, 2025

Here's how to check if your accounts are at risk and what to do next. You should always use different and strong, complex passwords to secure your accounts (another area a password manager can help), and this is why: once one service is compromised, the same password and user combination could lead to an exposed account elsewhere. 

Passwords

Webroot

OCTOBER 31, 2024

infrastructure sectors, including healthcare, government services, financial services, and critical manufacturing. Individual Users: Use Password Managers: Employ a reputable password manager to create and store strong, unique passwords for all accounts – consider passphrases.

Malware

BH Consulting

JANUARY 17, 2025

DORA mainly covers organisations in the financial services sector. Its worth emphasising that under DORA, incident reporting extends to operational outages and cybersecurity-related incidents. What organisations are in scope?

Risk

Malwarebytes

FEBRUARY 20, 2025

With the capture of usernames and passwords from web browsers, attackers can access your accounts, including email, social media, and financial services. They may even gather enough personal data to be used for identity theft or sold on the dark web. ID-number}.

Identity Theft

Security Boulevard

JUNE 17, 2025

Discover how PayPal uses DataDome to stop AI-powered bots at the edge. Learn how intent-based detection helps prevent fraud, reduce costs, and protect user experience. The post Inside PayPal’s Strategy to Stop AI-Powered Bots & Reduce Fraud appeared first on Security Boulevard.

Financial Services

Centraleyes

JULY 13, 2025

The Cyber Risk Institute (CRI) Profile is a cybersecurity and risk management framework designed specifically for the financial services sector. The Profile covers the following core functions: Govern: Risk governance, accountability, and oversight. community banks, state banks) and (b) providers of low criticality services.

Financial Services

Thales Cloud Protection & Licensing

NOVEMBER 18, 2024

Identity and Access Management (IAM) The 2024 Thales Data Threat Report (DTR) Financial Services Edition revealed that only 59% of financial services organizations cite achieving security consistency across workforce and non-workforce identities. The same can become a reality for private businesses.

Financial Services

Centraleyes

JULY 3, 2025

Background and Rationale for ISO/IEC 42001 As AI systems transition from experimental to operational, organizations face heightened risks, including unfair decision-making, opaque black-box systems, and third-party accountability gaps. In response, ISO and IEC released ISO/IEC 42001 in December 2023. AML, Basel).

Government

eSecurity Planet

MAY 8, 2025

Some examples include: To protect your account, please update your account. This pattern of targeting lines up with an alert from Japans Financial Services Agency , which recently warned of an increase in phishing aimed at financial institutions. Amazon-themed). PayPay-themed). Other countries like the U.S.,

Phishing

Zero Day

JULY 13, 2025

How to access a team of personalized assistants "Effective governance frameworks for AI agents combine clear accountability, robust oversight, and alignment with regulatory standards," says Priest. This includes robust data pipelines, APIs, and governance frameworks to help agents operate reliably and responsibly at scale.

Artificial Intelligence