Krebs on Security

DECEMBER 13, 2022

Meanwhile, the hackers responsible are communicating directly with members through the InfraGard portal online — using a new account under the assumed identity of a financial industry CEO that was vetted by the FBI itself. technology firm, confirmed receipt of USDoD’s message but asked to remain anonymous for this story.

Hacking 362

Hacking Energy and Utilities Cybercrime Accountability 362

The Last Watchdog

AUGUST 22, 2019

Shifting requirements One way to understand the security hazards is to think about the radical changes being imposed on the traditional enterprise technology stack. The massive transformation that’s happening right now introduces a lot of risk. it’s almost a perfect storm.

Digital transformation 147

Digital transformation Risk Firewall Accountability 147

Thales Cloud Protection & Licensing

SEPTEMBER 18, 2023

According to the 2022 Thales Data Threat Report – Financial Services Edition , 52% of U.S. financial services organizations report that they have experienced a data breach in the past. mandates that account data storage is kept to a minimum by implementing data retention and disposal policies, procedures, and processes.

Financial Services 77

Financial Services Data breaches Accountability Encryption 77

Centraleyes

DECEMBER 18, 2023

How DORA is Transforming the Management’s Role in Financial Services EU’s Digital Operational Resilience Act (DORA) ushers in a new era for financial services firms, placing extensive operational resilience requirements and heightened board oversight mandates on various entities within the EU’s financial sector.

Financial Services 52

Financial Services CISO Risk Technology 52

Cisco Security

MARCH 23, 2021

This is what we covered in part one of this Threat Trends release on DNS Security, using data from Cisco Umbrella , our cloud-native security service. For example, those in the financial services industry may see more activity around information stealers; others in manufacturing may be more likely to encounter ransomware.

DNS 131

DNS Financial Services Manufacturing Healthcare 131

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. Third-party risk management.

Government 57

Government Risk Retail Insurance 57

Malwarebytes

DECEMBER 1, 2022

Like other ransomware groups, its threat actors use double extortion tactics, predominantly targeting organizations in the US in five critical infrastructure sectors: critical manufacturing, financial services, government facilities, healthcare and public health, and information technology.

Ransomware 87

Ransomware Financial Services Accountability Malware 87

Security Boulevard

JUNE 26, 2023

Data breaches caused by weak security measures and procedures result in severe monetary losses, erosion of clients’ trust, and irreversible reputation damage to organizations in the healthcare, financial services, technology, and retail industries, as well as government and public sector entities. What Are Data Breaches?

Data breaches 52

Data breaches Healthcare Telecommunications Financial Services 52

Thales Cloud Protection & Licensing

JANUARY 10, 2022

The financial services ecosystem has evolved tremendously over the past few years driven by a surge in the adoption of digital payments. This raises the question of where digital payment technologies will take us in the future, and how will this affect consumers? How Can We Secure The Future of Digital Payments?

Retail 126

Retail Financial Services Banking Authentication 126

Malwarebytes

OCTOBER 27, 2023

In a security blog about Octo Tempest Microsoft states: “Octo Tempest monetized their intrusions in 2022 by selling SIM swaps to other criminals and performing account takeovers of high-net-worth individuals to steal their cryptocurrency.”

Social Engineering 98

Social Engineering Engineering Ransomware Backups 98

The Last Watchdog

MAY 17, 2021

Related: How credential stuffing fuels account takeovers. In pulling off that milestone hack, Paige Thompson took advantage of CapOne’s lack of focus on cloud security as the banking giant rushed headlong into leveraging Amazon Web Services. Here are the key takeaways: Cloud migration risks.

Cloud Migration 214

Cloud Migration Banking Firewall Software 214

The Last Watchdog

DECEMBER 21, 2021

That said, Microsoft Exchange on-premises email servers – technology that once, not too long ago, dominated this space – remain in pervasive business use today. What’s more, many of the organizations migrating to cloud IT infrastructure services are patching together hybrid email systems, part on-premises and part cloud-hosted.

Marketing 222

Marketing Financial Services Ransomware Software 222

SecureWorld News

OCTOBER 26, 2023

And as the use of technology continues to increase across all aspects of shipping–from ship networks to offshore installations and shoreside control centres–so does the potential for cybersecurity breaches,' reported Heavylift PFI, quoting Tom Walters, partner at the Hollman Fenwick Willan law firm." A Notice of Privacy Incident issued Oct.

Energy and Utilities 93

Energy and Utilities Identity Theft Hacking Healthcare 93

The Security Ledger

APRIL 5, 2023

In 2022, insecure and leaky APIs were the common theme behind a number of major cyber incidents, including the leak of data on more than 5 million Twitter account holders as well as other incidents. The key, Bird said, is for organizations to understand the security risks that APIs pose and take steps to both monitor and constrain their use.

CSO 52

CSO Digital transformation Cyber Attacks Financial Services 52

SC Magazine

JULY 2, 2021

and a payments network operator, the Federal Reserve is also tasked with supervising technology service providers, and researching the design and inherent risk of payment systems. “In Such discoveries would no doubt prove useful to the financial services community at large.

Financial Services 71

Financial Services Banking Identity Theft Media 71

Thales Cloud Protection & Licensing

FEBRUARY 27, 2023

This includes the evolution from physical currency and checks to digital payment methods such as credit and debit cards, as well as the emergence of newer technologies like mobile payments and cryptocurrencies. Open banking is a good indicator of the speed and extent to which consumers and businesses are adopting new payment technologies.

Banking 71

Banking Cryptocurrency Financial Services Accountability 71

Spinone

DECEMBER 26, 2018

In this article we will learn how to address and effectively respond to major enterprise cybersecurity threats and provide tips to mitigate IT security risk. Be On Your Guard with the Most Treacherous Insider Roles A paramount priority when addressing the threat is to distinguish the fundamental insider risks.

Security Awareness 40

Security Awareness Risk Cyber threats Cyber Risk 40

CyberSecurity Insiders

JUNE 28, 2021

While previously all this personal and financial information was controlled by your bank, PSD2 required all banks in the EU to create application programming interfaces (APIs) – a technology infrastructure that provides a secure and effective way to expose this data – and then share them with officially approved third parties.

Banking 133

Banking Financial Services Authentication Technology 133

The Last Watchdog

MARCH 26, 2019

Pick any company in any vertical – financial services, government, defense, manufacturing, insurance, healthcare, retailing, travel and hospitality – and you’ll find employees, partners, third-party suppliers and customers all demanding remote access to an expanding menu of apps — using their smartphones and laptops.

Digital transformation 145

Digital transformation Internet Internet Accountability 145

Security Affairs

MAY 10, 2022

“Frappo” was initially designed to be an anonymous cryptocurrency wallet based on a fork of Metamask and is completely anonymous, it doesn’t require a threat actor to register an account. Detailed analysis of the Phishing-As-A-Service Frappo is available here: [link].

Phishing 73

Phishing Banking Retail Financial Services 73

McAfee

NOVEMBER 3, 2020

Her work centered on helping aerospace manufacturers manage the convergence of cyber risk across their increasingly complex business ecosystem, including IT, OT and connected products. During her first few years at Booz Allen, she supported technology, innovation and risk analysis initiatives across U.S. government clients.

Cybersecurity 93

Cybersecurity Architecture Cloud Migration Retail 93

LRQA Nettitude Labs

JULY 5, 2023

The exploding popularity of AI and its proliferation within the media has led to a rush to integrate this incredibly powerful technology into all sorts of different applications. In the initial stages of implementation, regulators might provide guidance on how to demonstrate accountability.

Artificial Intelligence 52

Artificial Intelligence Data privacy Social Engineering Risk 52

CyberSecurity Insiders

NOVEMBER 1, 2022

According to the OBIE 5 million people are now using Open Banking in the UK, as the benefits of the new products and services begin to be recognized by consumers and businesses alike. However, the rapid rise of Open Finance has also coincided with concerns about the compliance and security risk that it poses.

Banking 119

Banking Authentication Risk Cybersecurity 119

CyberSecurity Insiders

OCTOBER 3, 2021

With the shift to a more flexible pandemic workforce and the highly publicized Colonial Pipeline attack, cyber criminals introduced new – and updated – threats and tactics in campaigns targeting prominent sectors, such as Government, Financial Services and Entertainment. COVID-19 Impact on Workforce Continues to Increase Cloud Threats.

Ransomware 59

Ransomware Financial Services Manufacturing Government 59

CyberSecurity Insiders

FEBRUARY 3, 2022

Starting from the new automated, continuously updated asset inventory, practitioners can choose whether a quick assessment of workload risk is enough, or if they also want to actively protect those workloads from attacks in runtime. Many cloud native teams work with a varying number of applications that have access to sensitive customer data.

Risk 52

Risk Digital transformation Financial Services Retail 52

Adam Levin

NOVEMBER 17, 2020

Credit cards offer markedly better fraud protections than debit cards , which connect directly to your bank account. Virtual credit cards similarly allow online shoppers to mask their financial accounts. Many financial institutions offer free transaction alerts that notify you when charges hit your account.

Scams 243

Scams Retail Banking Passwords 243

Security Boulevard

JUNE 16, 2021

While the passing of PSD2 SCA is a watershed moment and a loud wake-up call for retail banking and financial services industries, readiness continues to confound financial institutions across the region. banks have failed to provide a sandbox for third-party service providers by the deadline. The reason? . Furthermore:

Banking 122

Banking Marketing Financial Services Retail 122

CyberSecurity Insiders

FEBRUARY 4, 2022

Security teams can choose from out-of-the-box workload visibility and real-time response according to risk tolerance and maturity. . Altogether, the Aqua Platform detects and prioritises risks from code to runtime, and reduces the blind spots introduced by multiple vendors and partial solutions across the application lifecycle. .

Risk 52

Risk Digital transformation Financial Services Retail 52

CyberSecurity Insiders

APRIL 4, 2023

73% of employees working in financial services organizations have noticed an increase in the frequency of scam emails and texts in the last 6 months. This rises to over half (51%) in the financial services industry and 41% in the legal industry , adding another layer of security risk that isn’t malicious.

Cyber Attacks 119

Cyber Attacks Social Engineering Scams Phishing 119

SecureWorld News

SEPTEMBER 22, 2021

As cyber criminals use increasingly sophisticated methods and technology, we are committed to using the full range of measures, to include sanctions and regulatory tools, to disrupt, deter, and prevent ransomware attacks," said Treasury Secretary Janet L. Sanction risks for ransomware payments. Will these steps by The U.S.

Ransomware 62

Ransomware Cryptocurrency Cyber Attacks Government 62

eSecurity Planet

JANUARY 21, 2021

Governance, risk, and compliance (GRC) software helps businesses manage all of the necessary documentation and processes for ensuring maximum productivity and preparedness. It includes multi-disciplinary risk and compliance management solutions and tools, including: IT & security risk management. Third-party risk management.

Software 67

Software Risk Government Retail 67

Security Boulevard

MAY 12, 2021

But today, the rise of online banking, digital applications, and challenger banks has caused significant disruption across financial services. The need to provide better, faster, and safer digital services to customers remains a powerful driver of digital transformation for banking institutions.

Banking 115

Banking Digital transformation Technology Financial Services 115

SecureWorld News

APRIL 4, 2022

Companies and executives must understand the ever-changing cybersecurity threat landscape in a high-risk digital environment. The most frequent targets of leakware are hospitals, law firms, and financial services organizations. Adopt cloud services. One common type of cybersecurity issue organizations face is ransomware.

Digital transformation 82

Digital transformation Ransomware Phishing Small Business 82

Pen Test Partners

OCTOBER 2, 2023

You have a (hopefully) trusted contact number, you dial in, answer some information, and the call handler can access your account. Technology and automation can help here. A bit of a convoluted way round but still a risk. Some financial services firms are already doing this, removing the need for any further authentication.

Authentication 52

Authentication Healthcare Financial Services Accountability 52

SecureWorld News

SEPTEMBER 15, 2020

To prevent any future improper access to and modification of information, system access will not be re-enabled until a comprehensive security review is completed by the VA Office of Information Technology.". Leadership at the top must take accountability, and cultural changes must occur, if we are to expect these patterns to abate.”.

Data breaches 52

Data breaches Social Engineering Financial Services Government 52

CyberSecurity Insiders

MAY 4, 2023

The future of finance is being reshaped by blockchain technology. This revolutionary technology has the potential to revolutionize how people and businesses interact with money, from offering greater transparency and better security to faster speeds and lower costs.

Technology 103

Technology Banking Small Business Data breaches 103

Centraleyes

DECEMBER 17, 2023

Established by the main major credit card financial companies back in 2004 (American Express, Discover Financial Services, JCB International, Mastercard and Visa), the standard has evolved over the years and is currently at version 4.0. Important Note: PCI DSS current version, Version 3.2.1, Key Modifications PCI DSS 4.0

Passwords 52

Passwords Computers and Electronics Software Risk 52